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World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeA Chinese network suspected of exporting fentanyl precursor chemic

World Cup Predictions: 100,000 USDT Daily

HTX Invites You to Share 600K USDT in Gift Packs

BTC Prophet: 20-Day 380 Million HTX Challenge

A Chinese network suspected of exporting fentanyl precursor chemicals was also linked to a large crypto fraud operated through Japan, according to a Nikkei investigation. 






Summary






Nikkei tied a fentanyl-linked Chinese network to Japan-based crypto fraud using a fake Zksync.jp token.



The alleged scheme used Japanese domains to gain trust and deceive crypto users worldwide online.



Blockchain trails reportedly showed more than 120 transactions involving U.S.-sanctioned entities linked to drug networks.








The report said the group used Japanese internet domains and a fake “Zksync.jp” token to deceive crypto users worldwide.



Nikkei said losses reached hundreds of millions of yen, or more than $1 million. The token name appeared to copy ZKsync, a legitimate Ethereum Layer 2 network built by Matter Labs. There is no apparent connection between ZKsync and the alleged fraud.




Chinese fentanyl network suspected of crypto fraud via Japan base https://t.co/XuwAwj6LiJ— Nikkei Asia (@NikkeiAsia) June 21, 2026













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Japan base tied to Amarvel network



The report placed Hubei Amarvel Biotech, a Wuhan-based chemical company, at the center of the network. In 2025, two Amarvel executives were cleared of a top fentanyl charge but convicted of conspiring to import a fentanyl precursor chemical and conspiring to launder money.



Nikkei said a Nagoya-based company called Firsky served as a Japanese front for the network. The report identified a Chinese national, Xia Fengzhi, as a person linked to logistics and funds from Japan. Firsky was liquidated in July 2024, and Xia’s current location remains unknown.



Blockchain trails point to sanctioned entities



Using wallet addresses disclosed in U.S. court evidence, Nikkei m

A Chinese network suspected of exporting fentanyl

A strategy expert believes that large-cap technology stocks will regain investor favor g a recent sell-off. The downturn had led to a decline of over 10% in the stock prices of some of the biggest com

A strategy expert believes that large-cap technology stocks will regain investor favor g a recent sell-off. The downturn had led to a decline of over 10% in the stock prices of some of the biggest companies in the sector. The expert, a chief equity and quantitative strategist, expressed optimism that strong profits will drive a rebound. Profits had surged in April and May, and will once again be the key metric to focus on. This surge in profits is expected to be a crucial factor in the recovery of technology stocks. With investors likely to prioritize companies with solid earnings, the sector may soon experience a turnaround, driven by the strong financial performance of its leading players

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeThe Ethereum Foundation has clarified that it will not reshape its

The Ethereum Foundation has clarified that it will not reshape itself around community popularity. It argues that its purpose does not include chasing approval from the broader ecosystem.

The Ethereum Foundation is facing a turbulent year after facing an exodus of several staff members. A contributor to the Foundation has taken to X (formerly Twitter) to explain to the community what it stands for, following much debate.  

Another director gone from the Ethereum Foundation? 

On June 22, the Ethereum Foundation experienced its second departure from the top role in just five months when Hsiao-Wei Wang stepped down as co-executive director and board member. Tomasz Stańczak was the first to leave back in February, leaving Bastian Aue as the sole interim director. 

At least eight senior figures have left since January, including researchers and coordinators like Josh Stark, Trent Van Epps, Tim Beiko, and Barnabé Monnot. 

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Hsiao-Wei Wang, who spent eight years at the Foundation, said a recent break from work helped her realize it was “the right time to step back.” 

However, former researcher Dankrad Feist argued that the departing contributors are leaving due to management issues. Coinbase’s head of engineering, Yuga Cohler, expressed sadness over the “dysfunction at the Ethereum Foundation.”

The Foundation’s interim co-executive director Bastian Aue, who posts as Aerugo on X, stressed that the Foundation will not discuss individual personnel matters publicly but will clarify policy or factual issues if necessary to avoid misleading the public.

The statement explicitly states that the Foundation will not restructure 

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