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PANews reported on December 20 that on-chain researcher Specter posted a message to the hacker from the address that lost 50 million USDT to phishing on the X platform. The message stated: A formal criminal lawsuit has now been filed, and with the assistance of law enforcement agencies, cybersecurity organizations, and multiple blockchain protocols, a large amount of actionable intelligence regarding the attacker's activities has been collected. The relevant wallet addresses are now under 24/7 surveillance. It is reported that the attacker has been requested to return 98% of the stolen assets to a designated address within 48 hours. If this is done, the attacker may keep 1 million USD as a white hat bounty, as a reward for discovering and disclosing the vulnerability; however, this proposal is contingent upon the attacker’s full and timely cooperation. Once the funds are returned, the victim will consider the matter settled and will not take any further action.

According to Jinse Finance, as reported by the Hong Kong Stock Exchange, MemeStrateg, a SOL treasury company listed on the Hong Kong stock market, announced that a total of 49,049,824 shares have been issued to subscribers. This transaction raised a total of HKD 84.07 million (approximately USD 10.82 million), with net proceeds amounting to HKD 83.72 million. The funds will be used to explore blockchain solutions and real-world asset-related businesses. The company disclosed this week that it has increased its holdings by 2,440 SOL, bringing its total SOL token holdings to 12,290.

According to Deep Tide TechFlow, on December 20, data released by Ash from the Memento Research team on social media shows that the 2025 token issuance market is performing poorly. By tracking the TGE situations of 118 tokens, it was found that 84.7% (100/118) of projects currently have a fully diluted valuation (FDV) lower than their opening valuation, meaning that about four-fifths of projects are below their initial valuation. Data shows that the median FDV of tokens has dropped by 71% compared to the time of issuance, and the market cap has fallen by 67%. Only 15% of projects have achieved positive returns compared to the TGE period. The analyst believes that TGE is no longer an early investment opportunity.