$830M fraud arrests, Nobody’s 3,000% premium, Binance snitches get riches: Asia Express

Arrests over alleged $830M Korean crypto scam, huge premium paid for Nobody NFT, UBS tokenizes a call option on Ethereum: Asia Express.

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Our weekly roundup of news from East Asia curates the industrys most important developments.

Hong Kong director Stephen Chow, best known for the iconic filmKung Fu Hustle, has launched a novel NFT collection dubbed “Nobody.” It’s seen more than 10,609 Ether in total volume traded since its inception earlier this month.

On February 8, Ray Chan, the Hong Kongese co-founder of entertainment platform 9GAG, purchased a Nobody NFT avatar for 19.527 Ether, representing a premium of 3,155% to their current floor price of 0.6 Ether.

“One actor a year, Stephen Chow for a century; There are millions of little people, but the supreme treasure is unparalleled; Pictures are valuable, [but] memories are priceless,” Chan wrote in praise of the collection.

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