Odaily reported that the U.S. Attorney's Office for the District of Columbia, in coordination with the U.S. Secret Service's Washington Field Office, announced that investigations into multiple international cyber fraud cases have led to the seizure of over $25 million in cryptocurrency. The funds were allegedly linked to crypto investment scams targeting residents of the United States and Canada.

This action is part of the "Scam Center Strike Force," an initiative launched in 2025 by District of Columbia Attorney Jeanine Ferris Pirro. To date, the task force has recovered assets totaling over $800 million. U.S. prosecutors stated that on July 21, 2026, the U.S. Attorney's Office for the District of Columbia filed five civil forfeiture complaints in the U.S. District Court, seeking the forfeiture of over $25 million in crypto assets recovered from various fraud investigations.

Investigators indicated that these cases involve multiple money laundering networks with victims worldwide. Criminal groups lured victims into investing through fake crypto investment platforms and online romance scams, then laundered the funds through multi-layered wallet addresses and mixing operations to conceal the source of funds. The seized funds are associated with five major investigations:

In one case, Canadian law enforcement provided the U.S. Secret Service with wallet addresses suspected of being used to transfer illicit proceeds. Investigators froze the relevant addresses and traced over 270 suspected victim transactions, involving approximately $10.4 million;

The second case involved an online romance scam that defrauded over 200 victims. Illicit funds were transferred through hundreds of intermediate wallet addresses and commingled with funds from other victims, involving approximately $12.08 million;

The third case involved a victim from the U.S. capital region who participated in a fraudulent crypto investment project. After failing to withdraw funds, the victim lost contact with the scammers, with the involved amount being approximately $1.23 million;

In the fourth case, a victim transferred millions of dollars in cryptocurrency to a fake investment account. Investigators traced some of the funds to six wallet addresses and froze approximately $2.39 million;

In the fifth case, scammers impersonated an agency that "recovers stolen funds" to trick victims into paying fees, with the involved amount being approximately $285,000.

The U.S. Secret Service stated that these cases remain under active investigation. Law enforcement officials are tracking down the suspects behind the fraud network and will cooperate with international law enforcement agencies to hold them accountable.

Odaily News: The rapid development of artificial intelligence is fueling a continued surge in the construction of large-scale data centers in the United States. However, the aging and inefficient power transmission system in the US is placing immense strain on the national grid as data centers consume vast amounts of electricity. New York State has recently suspended approvals for new large data center projects. US media outlets point out that power supply bottlenecks are also hampering the construction of data centers across the country. (CCTV World News)

Odaily News, July 21st – NVIDIA has released its next-generation Spectrum-6 Ethernet switching system, designed to support hyperscale AI infrastructure based on the Vera Rubin platform. The system offers a single-switch throughput of 102.4Tbps, doubling that of its predecessor, and is intended to connect hundreds of thousands of GPUs and CPUs, providing network support for large-scale AI training, agent-based applications, and inference tasks.

NVIDIA stated that the Spectrum-6 will serve as the core component of the next-generation Spectrum-X Ethernet platform. By leveraging high bandwidth, intelligent traffic management, and fault recovery capabilities, it aims to enhance overall computational efficiency in AI factories. Early adopters and first deployers of this system include CoreWeave, Microsoft, Nebius, SpaceXAI, and Tesla, among other builders of AI infrastructure.

Odaily: U.S. President Trump stated: Our dealings with Iran are far from over. We will not leave now and have already made a significant impact on Iran. Our agreement will not allow Iran to possess nuclear weapons, and we will strike any location Iran considers using for nuclear weapons. Iran has not seen anything yet; we have been very restrained. We will soon strike the Gaoshan area very fiercely. (Jin Shi)

Odaily Planet Daily News: US President Trump stated that things with Iran are far from over. He previously said Iran wanted a meeting, but we are not interested. I have no interest in meeting with them until Iran is ready. (Jinshi)

Odaily News Bloomberg ETF analyst Eric Balchunas posted on X platform, stating that after some consideration, he believes Warren Buffett and others could or should choose Trump Accounts as the destination for stock donations. He stated that this move could achieve multiple goals simultaneously: First, immediately narrowing the wealth gap, especially when targeting low-income zip code areas like Dell, as these people's wealth comes almost entirely from stocks; Second, improving financial literacy, as donating stocks would encourage people to learn about markets and investing; Third, curbing the rise of "redistribution" economic policies and politicians; Fourth, expanding influence, especially if the 95-year-old Buffett gifts Berkshire stock to children, they would grow up to become Berkshire investors; Fifth, avoiding mismanagement, fees, and capital gains taxes—donations would go 100% directly to the target recipients without incurring capital gains taxes.

Odaily Planet Daily News: Trump stated that Iran wants to meet, but we have no interest. There will be no interest in holding a meeting until Iran is ready. (Jin Shi)

Odaily reported that Nvidia (NVDA.O) stated its latest generation Vera Rubin chip architecture is being delivered to customers, helping to solidify its leading position in the industry. Nvidia Vice President and General Manager Ian Buck said that computing systems based on Vera Rubin technology have been delivered to major AI enterprises and have entered the deployment phase. "We have fully entered mass production, and all major customers are currently deploying these systems." (Jin Shi)