The U.S. Department of Justice has accused a startup entrepreneur who claims to be a partner of Nvidia Cloud of illegally reselling Nvidia's top-tier AI chips and HP supercomputers to China through a third party. According to Forbes, the Department of Justice specifically pointed out in the indictment that Beijing is using AI to design militarized weapons, including "weapons of mass destruction" and "advanced artificial intelligence surveillance tools." This case involves national security crises, transnational forgery, and smuggling crimes, raising significant concern in U.S. political and tech circles.
Core figures and transnational smuggling networks exposed
The indictment states that Brian Raymond, the founder of the artificial intelligence infrastructure company Bitworks located in Huntsville, Alabama (, along with three other men, conspired to sell restricted chips to a Chinese company registered in Hong Kong. Brian Raymond's accomplices are two men.

Google CEO Sundar Pichai ( stated in a recent interview that the company's capital expenditures on AI infrastructure have skyrocketed from less than $30 billion four years ago to over $90 billion today, aiming to become a major driving force in global AI infrastructure. Looking ahead, Google wants to evolve AI from a tool into an agent, while advancing quantum computing, autonomous driving technologies, and new energy layouts to create a long-term AI ecosystem. Currently, Google's stock price has increased by 114% year-to-date.
It is necessary to invest money to support the development of AI, with over 90 billion dollars already invested.
Pichai stated that Google is making a massive investment in AI infrastructure. Four years ago, Google's total capital expenditure for the year was less than $30 billion, and now it has increased to over $90 billion.

The social platform X has launched the "About This Account" feature, which provides users with information such as the country of account registration, location, and the number of username changes, aiming to enhance the verification capability of content authenticity. This feature can help identify fake accounts and misinformation. Users can choose to hide geographical information to protect their privacy. Although the feature is still in the testing phase, it demonstrates the platform's emphasis on transparency and combating fake accounts, and is expected to provoke more trust or controversy.

Due to the government shutdown and a cautious attitude from investors, the strong momentum of IPOs on Wall Street has cooled down. According to a report by the Associated Press, many IPOs originally scheduled for the end of this year are likely to be postponed until next year, as the SEC is working to clear hundreds of backlogged registration applications. At the same time, the stock prices of phenomena like Figma and other listed companies have recently performed poorly, and investors are beginning to worry that the market capitalization of many IPO stocks is being overestimated.
IPO momentum cools due to government shutdown and holiday economic slowdown.
Bill Smith, the CEO of Renaissance Capital, wrote in a report to investors. The backlog of applications at the SEC, the upcoming holiday economic slowdown, and the pressures faced by AI and other tech stocks have all dealt a blow to expectations for a rebound in the stock market in the short term, despite the presence of accumulation.

Elon Musk tweeted on 11/23 on Twitter (X), stating that TSL (Tesla) is nearing the final stage of AI5 chip design and has also begun developing the next generation AI6 chip. These chips will be used in Tesla vehicles and data centers in the future. Musk emphasized that the goal is to release a new AI chip design every year, and he claimed that in the future, Tesla's chip production will exceed the combined output of all other AI chips.
Samsung secured a large order for TSL chips, with Musk personally involved.
According to previous reports, Samsung has signed a chip manufacturing contract worth a total of $16.5 billion with TSL, and the cooperation between the two parties will continue until the end of 2033. The chips will be produced at Samsung's new factory located in Taylor, Texas, responsible for creating TSL's next-generation "AI6" AI chips.
In this regard, Musk personally confirmed on Twitter (X) that the

Elon Musk's social platform X recently launched the "About Account" feature, claiming to prevent fake accounts by displaying the account's creation region and name change records. However, its launch has sparked controversy, with numerous political accounts "disguised as Americans" being revealed as overseas individuals, privacy leakage issues, and problems of class and racial division, prompting several encryption experts to express their views.
X exposes users' locations, the true identity of the fake MAGA account is revealed.
X has recently updated the account information page, allowing users to click on their profile to view the account location, registration time, and name change records, emphasizing that this move aims to weaken the influence of bots and malicious overseas accounts.
About this account ( Features show join date, creation location, and number of name changes.
However, the feature caused chaos as soon as it went live, with a large number of self-identified patriots "MAGA supporters".

U.S. Treasury Secretary Scott Bessent ( stated in an interview this morning on 11/24 that the previous Trump administration's shutdown indeed had a significant impact on the U.S. economy, but emphasized that there is currently no risk of a national recession, and forecasted a strong economic growth in 2026 that would not be accompanied by inflation.
The pressure of life is gradually easing, and the data is starting to improve.
Becent pointed out in his analysis from March last year that "immigration, interest rates, and inflation" were the three major factors that burdened American family finances, but the current situation has significantly improved. He stated that after the government strengthened border control, the massive influx of immigrants has slowed down. Interest rates have also decreased, beginning to alleviate the housing affordability for the public.
He further emphasized that inflation is moving in a downward direction. Housing sales in October reached the best record in three years, energy and gasoline prices have fallen, and medical costs are also expected to announce a decline. This year's Thanksgiving dining costs have even created a 4

Well-known Wall Street analyst Tom Lee recently pointed out in an interview with CNBC that the drop in the stock price of MicroStrategy (MSTR) is a "side effect" of its successful strategy, as it holds nearly 650,000 Bitcoins (BTC), making it the preferred tool for institutional investors to hedge against Crypto Assets losses. He stated that due to the lack of liquidity in the crypto market's derivation tools (such as Bitcoin and Ether futures), institutions are unable to effectively hedge their large positions, and therefore turn to shorting MSTR stock as a "proxy" hedge for Bitcoin.
MSTR has fallen 43% year to date.
The pioneer of Bitcoin reserve strategy, MicroStrategy Strategy (, formerly known as MicroStrategy), has seen its stock price continue to fall, down 43% so far this year, far exceeding Bitcoin's -6%. mNAV ( currently shows that the stock price and its value in Bitcoin have both slid significantly.

Supported by reports that the Federal Reserve may lower interest rates and that U.S. officials might allow NVIDIA to sell artificial intelligence chips to China, market sentiment slightly improved on Friday. Bitcoin's recent performance has been weak, briefly falling to a low of $80,600 on Friday evening, down 36% from its October high, and the overall market capitalization of the crypto market has dropped below $3 trillion, with the fear and greed index remaining at extreme fear levels. Bitcoin (BTC) gradually rebounded over the weekend, hovering around 87K before the deadline, while Ether (ETH) also rose slightly above 2,800.
The expectation of interest rate cuts and NVIDIA chips are expected to boost the market.
Last week, market volatility intensified, and the uncertainty surrounding the Federal Reserve's interest rate cuts made investors uneasy, resulting in the largest weekly gain for the dollar in a month. The prices of assets favored by retail momentum traders, such as cryptocurrencies and popular stocks in the artificial intelligence sector, experienced significant fluctuations.
seen as the Federal Reserve (FED)

In the lead-up to this year's Thanksgiving, the market performance of Bitcoin (BTC) and other major crypto assets has shown signs of weakness. According to the latest market data, Bitcoin has fallen more than 30% since its peak on October 6, dropping to a price of $84,535.40 as of Friday (November 22), marking the most significant decline since February of this year, when Bitcoin experienced similar price fluctuations. Several analysts believe that the dumping situation will continue before and after Thanksgiving, coupled with the possibility that The Federal Reserve (FED) may not cut interest rates, prompting investors to jump ship to stem losses.
Volatility intensifies around Thanksgiving
Looking back at the Thanksgiving period over the past four years, the price of Bitcoin has experienced varying degrees of fluctuation, further highlighting the impact of seasonal factors and market sentiment on the crypto assets market. The price movements of Bitcoin are correlated with other asset classes, changes in capital flows, especially investors' reactions to interest rates and

BitMine announced its full-year results for the year ending August 31, 2025. The full-year net profit was $328 million, with a fully diluted earnings per share of (EPS) at $13.39, and announced an annual dividend of $0.01 per share. However, the key factor that caused the full-year profit to turn from loss to gain was the "unrealized gains on digital assets," as the market's reversal has now resulted in a $2.2 billion paper loss. Chairman Tom Lee remains optimistic, stating that a V-shaped rebound will appear soon!
BitMine EPS reaches up to 13.39 USD, from unrealized gains in digital assets!
Led by renowned Wall Street strategist and co-founder of financial research firm Fundstrat, Tom Lee, the Ethereum reserve company BitMine announced as of August 3, 2025.

The whistleblower raised concerns about the lack of transparency in GAIB's funding, noting that 75% of the reserves lack third-party verification. The project experienced contract anomalies during the Airdrop period, resulting in losses for investors, with the coin price plummeting from $0.2 to $0.052. The founder has a strong background, but their reputation has been affected by controversy.

Bitcoin has recently performed weakly, falling to $80,600, with market confidence low. However, the U.S. Bitcoin ETF has seen net inflows, indicating that the market still has resilience. ARK Invest has entered to purchase its own ETF, which may signal that a bottom is approaching. At the same time, ETF volume has hit a new high, and demand for put options is rising, showing an increased awareness of risk aversion in the market.

Google has launched the all-new Nano Banana Pro, an image generation tool based on the Gemini 3 Pro imaging model, ushering in a new era of image creation. The features of Nano Banana include powerful reasoning capabilities and a quick understanding of the real world to unleash creativity, allowing creators to easily produce precise and visually impactful content, from designing product prototypes to generating infographics, films, and comic scripts. Nano Banana Pro meets a variety of bizarre and unique creative needs.
This article attempts to create interesting four-panel comics using Nano Banana Pro, testing the functionalities of Nano Banana Pro. The comic's creativity is to assist Trump's dietary and medical beauty plans for thirty years younger.

Recently, MSCI is considering reclassifying MicroStrategy (MSTR) as an investment vehicle, which may affect its position in the index and trigger selling pressure from $9 billion in passive funds. Experts point out that MSTR has become a built-in leveraged Bitcoin derivation, and its entry into mainstream indices will cause changes in the index risk structure, undermine investment confidence, and potentially lead to challenges in the asset management industry.

The National Crime Agency (NCA) of the United Kingdom recently uncovered a massive Money Laundering network active in the UK and globally. This network not only converts billions of dollars in criminal proceeds from cash to Crypto Assets but has also been found to acquire foreign banks to evade sanctions, directly providing funding support for Russian military operations and intelligence activities.
The investigation, codenamed "Operation Destabilise," reveals an astonishing direct link between drug trafficking on the streets of the UK and state-level military procurement in Russia.
Operating Model: From Street Money Laundering to National-Level Sanction Evasion
NCA pointed out that the criminal network has established bases in at least 28 towns in the UK. Its grassroots operations rely on "cash couriers," who are responsible for collecting the "dirty money" from drug trafficking, arms smuggling, and human trafficking crimes, and charging fees to convert it into "clean" Crypto Assets.

As the index provider MSCI reported that it may reclassify MicroStrategy as an investment company or a quasi-ETF enterprise, the company's Executive Chairman Michael Saylor quickly responded publicly on Friday, emphasizing that MicroStrategy remains a software company with a clear operating model and innovative spirit. Market analysts warn that if the reclassification happens, it could trigger a forced dumping of index funds amounting to as much as $9 billion. In response, experts further suggested that MSCI's move is to block financial engineering "arbitrage cycles," which could further impact DAT company.
(JPMorgan: The MSCI index may kick out MicroStrategy, potentially triggering an outflow of nearly $10 billion in funds)
MSCI may adjust classifications, and the market is concerned about a reversal of capital flows.
According to market news, MSCI is considering redefining the corporate nature of microstrategy due to its Bitcoin assets.