Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics

ZKsync stories

Jun 22, 2026

Fentanyl-Linked Chinese Network Tied to Crypto Fraud in Japan Using Fake 'Zksync.jp' Token

A Chinese organization suspected of illegally exporting fentanyl precursor chemicals was linked to a large-scale cryptocurrency fraud operation through a base in Japan, involving a fake 'Zksync.jp' token, according to a Nikkei investigation.

Jun 22, 2026·1 source
00

Top claims

  • ▪Two executives from Hubei Amarvel Biotech were convicted in a Manhattan federal court in February 2025 for conspiring to import fentanyl precursors into the U.S.
  • ▪The Nikkei report concluded that authorities in Japan and elsewhere are lagging in their ability to track drug money that moves through crypto.
  • ▪Research from TRM Labs found that approximately 97% of over 120 studied China-based drug-precursor manufacturers accept cryptocurrency.

Topics

Anti-money laundering (AML)Crypto regulation

Related entities

JapanChina

Featured Stories

OpenAI pauses development of Astra AI model over critical cybersecurity capability concerns

OpenAI pauses development of Astra AI model over critical cybersecurity capability concerns

Aug 7, 2026·2 sources