Tag: Southeast Asia

BusinessCybersecurityTechnology

US Seizes $14 Billion in Bitcoin from Southeast Asian Cybercrime Syndicate

In a historic enforcement action, US agencies have confiscated over $14 billion in bitcoin from a major Southeast Asian cybercrime organization. The seizure represents one of the largest cryptocurrency recoveries in history and demonstrates law enforcement’s growing capability to trace illicit digital assets.

Record-Breaking Cryptocurrency Seizure

US authorities have executed what analysts suggest is one of the largest cryptocurrency seizures in history, confiscating 127,271 bitcoin valued at over $14 billion from a sophisticated Southeast Asian cybercrime network. According to reports from the Department of Justice, the digital assets were stored in 25 unhosted wallets controlled by Chen Zhi, founder and chairman of the Prince Holding Group, who now faces charges of conspiracy to commit wire fraud and money laundering.

by Alvarez Jordan
Arts and EntertainmentStartups

Aquawise AI Water Quality Monitoring to Debut at TechCrunch Disrupt 2025

Bangkok-based startup Aquawise will present its innovative AI-powered water quality monitoring platform at TechCrunch Disrupt 2025. The technology uses satellite imagery and physics-based AI models to help aquaculture farmers in Southeast Asia maintain optimal conditions without expensive hardware.

Aquawise, a Bangkok-based technology startup, will showcase its groundbreaking AI-driven water quality monitoring platform at TechCrunch Disrupt 2025 this October, offering aquaculture farmers in developing regions an affordable alternative to traditional monitoring methods. The company’s innovative approach uses satellite imagery and artificial intelligence to continuously track critical water parameters, addressing a $30 billion annual loss problem facing the global aquaculture industry according to recent analysis.

Revolutionizing Aquaculture Monitoring with AI Technology

by Alvarez Jordan