According to ZachXBT, following the Lazarus Group attack on CoinEx, ZachXBT reported to the CoinEx team that the platform's own funds were being laundered through CoinEx and assisted in freezing the relevant funds, but received no response. ZachXBT accused the CoinEx team of poor communication regarding the security incident. CoinEx announced this morning that it has ceased operations and is undergoing orderly liquidation, with withdrawals remaining open until December 22.

According to Lookonchain monitoring, an Odaily Planet Daily reported that a whale closed a short position of 760 BTC an hour ago, making a profit of $266,000. It then went long on 900 BTC with 40x leverage, worth $69.2 million. The long position is currently showing a floating profit of $173,000.

Odaily Planet Daily reports that the Trump administration is lobbying Senate Republicans to advance the Clarity Act, a bill designed to structure the crypto market. Chris Phelan, chairman of the White House Council of Economic Advisers, stated that officials will launch an interactive tool on Tuesday, allowing users to set parameters and run scenarios to verify that there is no substantial relationship between stablecoin growth and the outflow of deposits from community banks. Banking groups say the latest text amendments to the bill are still insufficient to make its stablecoin provisions acceptable. The bill requires at least 60 votes to move forward, and the Senate is scheduled to hold a procedural vote on Tuesday afternoon; several Republicans, including Texas Senator John Cornyn, have hinted at potentially voting against it, while pro-crypto Democrats have expressed dissatisfaction with the restrictions placed on President Trump in the latest text. Patrick Witt, executive director of the White House Council of Advisors on Digital Assets, stated that the bill includes measures to protect community banks.