nancyey3an

@nancyey3an

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Her ex-boyfriend, Iza, pled guilty in January to his involvement in multiple illicit schemes from 2020 to 2024, including fraudulently obtaining Facebook and Meta advertising accounts and credit and selling access to these accounts.

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Au pled guilty to a single count of giving a false tax return “for failing to report more than $2.6 million in ill-gotten gains she obtained via her then-boyfriend’s criminal activities,” the US Justice Department said in a March 5 statement.

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“Effectively immediately, I will no longer be contributing to THORChain,” the crosschain swap protocol’s core developer, only known as “Pluto,” wrote in a Feb. 27 X post.

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Romero said in a Feb. 25 statement shared with Reuters that she would exit once Congress confirms Brian Quintenz, who is currently the global head of policy at venture capital firm Andreessen Horowitz.

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In financial markets, capitulation refers to investors selling their positions in a panic, leading to a significant price decline and signaling an imminent market bottom before the start of the next uptrend.

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While Milei claims he has “nothing to hide” and acted in “good faith,” he acknowledged that he has “something to learn” from the ordeal, including the need to “start setting filters” on what conduct is appropriate and what isn’t.

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The Libertad project’s native Solana token, Libra (LIBRA), rallied to a $4.56 billion market cap on Feb. 14, shortly after Milei posted about the token on X — but then fell 94% after he deleted the post, prompting accusations of a pump-and-dump scheme.

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“I did not promote that. What I did, I spread the word,” Milei said during a Feb. 17 interview with Todo Noticias, his first public statement since the Libra token controversy that local media have dubbed “Libragate.”

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Argentina’s president, Javier Milei, has refuted claims that he promoted the controversial Libra token, which quickly tanked in value, leading the crypto-friendly politician to face multiple fraud suits and a call for his impeachment.

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The crypto market eventually rebounded after the planned tariffs on Mexico and Canada were paused on Feb. 3 for 30 days.

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Earlier, on Feb. 1, Trump launched tariffs against Canada, Mexico and China, crashing both stock and crypto markets.

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Trump signed an executive order to place reciprocal tariffs on the country’s trading partners on Feb. 13, which included provisions for non-monetary policies as meeting the criteria for a reciprocal import tax.

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“We are checking whether the exchanges properly comply with their implementation plans, such as expanding servers and improving internal processes. We also plan to check whether they are responding well to complaints, including whether compensation standards are well set,” said a spokesperson representing South Korea’s financial regulator, the Financial Supervisory Service.

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According to the Yonhap report, financial authorities in South Korea have resumed on-site inspections of crypto exchanges since Dec. 20. Crypto exchanges are expected to implement measures such as server expansion, cloud conversion and improvement of emergency response plans (BCPs) to prevent service disruptions.

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The final payout from Upbit and Bithumb may increase after the compensation negotiations are finalized with the investors. Coinone, Korbit and Gopax are reportedly not liable for compensating crypto investors.

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Upbit agreed to pay 3.14 billion South Korean won ($2.1 million) as compensation for 596 cases related to the service downtime. Bithumb will pay 377.5 million won ($262,000) as compensation in 124 cases.

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Due to the unexpected demand, the exchanges faced difficulties managing the user load, leading to downtime. While Upbit experienced 99 minutes of downtime, Bithumb and Coinone trading services were impacted for 62 minutes and 40 minutes, respectively.

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Upbit, which usually has 100,000 concurrent users, had to cater to 1.1 million users after the martial law declaration. Other crypto exchanges, Bithumb and Coinone, also recorded more than 500,000 users each on the same day.

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The rapid influx of users overwhelmed the servers of Upbit, Bithumb and other exchanges, resulting in disruptions and service outages.

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On Dec. 3, Yoon Suk Yeol, president of South Korea, declared martial law during a televised address in response to rising political tensions. The resultant panic in the financial and cryptocurrency markets led to a surge in user activity on local exchanges, according to a Yonhap news report.

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