Search results for "HER"
13:12

Lagarde reiterated that the European Central Bank is in a "good position".

Jin10 data reported on July 24, Lagarde reiterated her previous statement that the European Central Bank "is in a good position" as forecasts show that medium-term inflation will stabilize near the 2% target. She added that wages are developing in the desired direction, and corporate profits are cushioning the impact of higher salaries, while the European Central Bank has observed that "economic growth is unfolding in a relatively favorable manner."
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19:44

OpenAI is set to welcome new executives to expand the market for AI tools.

Jin10 data reported on July 22 that Instacart's soon-to-be former CEO Fidji Simo will join OpenAI. Before officially starting next month, she outlined her vision for the newly established role of CEO of applications at OpenAI. She wrote, "We must consciously build and share these technologies to create more opportunities and prosperity for more people." OpenAI announced in early May that the 39-year-old Simo will take over the operational responsibilities currently held by CEO Sam Altman, including finance and product development. The company stated at the time that this would allow Altman to focus on broader strategies.
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10:54

Baoxiniang: Director Wu Liya reduces holdings by 468,800 shares

Jin10 reported on July 16 that the company announced that Ms. Wu Liya, a director of the company, reduced her holdings of the company's stock by 468,800 shares through centralized bidding trading on July 15, 2025, accounting for 0.0321% of the total share capital. After the reduction, Ms. Wu Liya holds 1,406,200 shares of the company, accounting for 0.0964% of the total share capital. This reduction plan has been fully implemented and complies with relevant laws, regulations, and normative documents.
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LADYS0.95%
06:28

UN experts condemn the collusion between the US and Israel

Jin10 Data, July 16 – On July 15 local time, UN Special Rapporteur on the Human Rights Situation in the Occupied Palestinian Territories, Albinese, condemned the United States as Israel's number one arms supplier at the "Hague Group" meeting held in Colombia's capital, Bogotá. He stated that the U.S. bears complicity for all of Israel's actions and implements "Mafia-style intimidation" against those who attempt to stop them. Albinese herself is currently under U.S. sanctions, with the U.S. citing her actions to "promote legal action against U.S. and Israeli officials, companies, and executives by the International Criminal Court" as the reason. The United Nations stated on July 10 that the U.S. move sets a "dangerous precedent" and is absolutely unacceptable.
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06:00

Trump said "no one cares" about the Epstein case, while Musk posted to urge progress.

U.S. Attorney General Pam Bondi's handling of the Epstein case has sparked dissatisfaction among Trump supporters, and Trump defended her on social media, stating that her work is excellent and urging supporters not to be fixated on the case. At the same time, his post has been interpreted as a move to unite supporters. Musk, on the other hand, has called for the release of relevant documents.
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11:19

Tongyu Communication: The actual controller, Shi Guiqing, plans to reduce his holdings by no more than 3% of the company's shares.

Jin10 reported on July 7 that Tongyu Communication announced that its controlling shareholder and actual controller, Ms. Shi Guiqing, intends to reduce her holdings of the company's shares by no more than 15.6535 million shares, accounting for 2.9963% of the company's total share capital, through centralized bidding and Block Trading from July 29, 2025, to October 28, 2025.
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LADYS0.95%
12:08

The Thai zoo will hold a birthday party for the dwarf MOODENG.

According to ChainCatcher news reported by Straitstimes, the adorable pygmy hippo Moo Deng at Khao Kheow Open Zoo in Thailand will celebrate her first birthday on July 10. Director Narongwit Chodchoy announced that a four-day "Moo Deng's First Birthday" festival will be held from July 10 to 13 at the Hippopotamus Exhibition Hall in Chonburi.
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09:38

The United States quietly ignites a battle for the authority to set the "Intrerest Rate"! U.S. Treasury Secretary Yellen and Federal Reserve Chairman Powell compete for power.

On the stage of U.S. economic policy, a silent battle over the authority of monetary policy formulation is quietly unfolding. The U.S. Treasury Department's strategy of increasing short-term bond issuance is substantially undermining the independence of the Federal Reserve (FED), and the authority of monetary policy may effectively shift to the Treasury Department. This week, U.S. Treasury Secretary Yellen made it clear that she prefers to rely more on short-term debt financing, a stance that contrasts with her previous criticisms of her predecessor's excessive reliance on short-term government bonds. This strategy is essentially equivalent to a fiscal version of quantitative easing. Not only will this stimulate the prices of risk assets further away from their long-term fair values and structurally push up inflation levels, it will also severely limit the Federal Reserve's ability to independently formulate anti-inflation monetary policy, creating a pattern of fiscal dominance.
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TRUMP1.06%
03:51

Is the SEC appeal coming to an end? Rumors about the Ripple case ignite demand for XRP, Bitcoin breaks 110,000

On July 3, 2025 (Thursday), rumors about the U.S. Securities and Exchange Commission (SEC) possibly voting in a closed-door meeting to decide to withdraw its appeal against the key ruling in the XRP case have become a focus in the crypto market. Crypto analyst Xaif stated that the rumors suggest "the SEC may officially withdraw the lawsuit at 2 PM Eastern Time on July 3." However, former SEC lawyer Marc Fagel believes that it is unlikely the SEC will vote so quickly after Judge Analisa Torres just denied a preliminary ruling on the settlement terms, and the withdrawal process may take several weeks or even longer. He emphasized, "The SEC still needs to vote to decide to withdraw the appeal, and then both parties need to submit documents to formally withdraw their respective appeals for the district court's judgment to take effect." Pro-crypto lawyer James 'MetaLawMan' Murphy stated, "The SEC and XRP can withdraw their appeals without court permission. I predict both appeals will be withdrawn soon, as both parties' lawyers should foresee that Judge Torres will not overturn her previous ruling."
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11:41

UK Chancellor of the Exchequer Hunt insists that tears in Parliament are due to "personal issues".

Jin10 data reported on July 3rd that UK Chancellor of the Exchequer Reeves stated that she felt "obviously" uneasy during the Prime Minister's Questions in the House of Commons yesterday. However, she refused to disclose the reason for her tears. "Most people don’t need to pay attention to this issue," Reeves said. "It’s a private matter, and I don't want to share the details. As Chancellor of the Exchequer, my job is to attend the Prime Minister's Questions with the Prime Minister at 12 noon on Wednesday to support the government, and that’s what I am striving to do."
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11:40

The U.S. Treasury Secretary stated: The possibility of the Federal Reserve delaying the interest rate cut is quite large.

According to Gate News bot, Jin10 reported that on July 1, U.S. Treasury Secretary Basant reiterated her views on the Federal Reserve delaying interest rate cuts. She stated that the wait for interest rate cuts by the Federal Reserve might be longer than expected. Basant also emphasized her responsibilities at the Treasury, stating "I will fulfill my duties where needed, but..."
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07:26

After being suspended, Peitongtan's latest statement: Accepting the Constitutional Court's decision.

Jin10 data, July 1st news, after being ruled to suspend her position as Prime Minister, Phaetongtarn accepted the decision of the Thai Constitutional Court and will submit her defense materials to the court within 15 days. Earlier that day, the Thai Constitutional Court decided to accept the impeachment petition against Prime Minister Phaetongtarn and suspended her from the position of Prime Minister. On June 20, the Speaker of the Thai Senate submitted a petition to the Thai Constitutional Court to impeach Prime Minister Phaetongtarn on the grounds that her conversation with Cambodian Senate President Hun Sen allegedly violated the constitution and ethical norms.
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12:53

If Lagarde's speech at the Central Bank forum leans towards "hawkish", the euro may rise.

Jin10 Data June 30 - Monex Europe analysts said in a report that if European Central Bank President Lagarde expresses doubts about further interest rate cuts at the central bank forum in Sintra, Portugal, the euro may further appreciate. "Although we doubt whether her views on monetary policy will have a clear and significant shift, we do believe that she will articulate her views on the conditions needed to maintain the current policy level." Analysts stated that her remarks may lean towards a "hawkish" stance, prompting the market to reduce bets on interest rate cuts and supporting the euro.
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12:20

The Russian "Bitcoin Mom" was sentenced to seven years for a $230 million Bitcoin fraud case.

PANews June 27 news, according to Decrypt, a cryptocurrency expert in Russia who calls herself "Bitcoin Mom" was sentenced to seven years in prison by a Moscow court for orchestrating a $230 million Bitcoin scam. Prosecutors said she lured clients to transfer funds to Dubai under the pretext of evading Western sanctions, ultimately transferring the funds into a Wallet under her control. This case has become one of the largest cryptocurrency scam cases in Russia in recent years.
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02:15

The Australian Federal Police crack down on encryption ATM scams, with a 77-year-old victim losing approximately 280,000 USD.

According to ChainCatcher news and a report by Cointelegraph, the Australian Federal Police have contacted over 90 Australians as part of an operation to combat crimes involving Crypto Assets ATMs. One victim is a 77-year-old widow who was scammed out of AUD 433,000 (approximately USD 282,000) in an online dating fraud. The victim met a scammer posing as a Belgian man on a dating app, who claimed to have earned 13,000 AUD in a week by showing fake documents, luring her to invest in Crypto Assets. Over 18 months, the victim transferred her entire life savings into a Bitcoin ATM.
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ATM1.26%
09:08

Tenglong Co., Ltd.: Shareholder Jiang Yilin plans to reduce her holdings by no more than 3% of the company's shares.

Jin10 data reported on June 24, Tenglong Co., Ltd. announced that its shareholder Jiang Yilin plans to reduce her holdings of the company's shares by no more than 14.724 million shares, which is no more than 3% of the company's total share capital, due to her own funding needs. This reduction will be carried out through centralized bidding and Block Trading within 3 months after the 15 trading days from the disclosure of this reduction plan. The period for reduction is from July 16, 2025, to October 15, 2025.
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02:54

Gate has completed the delisting and repurchase of 33 tokens, and the withdrawal service for multiple currencies including ULD will be stopped.

Gate News bot message, according to the Gate announcement on June 24, 2025: Gate has announced the delisting of 33 tokens and their USDT trading pairs, including ULD, SECOND, LNR, HER, ADF, LSD7, ARKS, FBX, ARBI, SOMM, and others. These tokens have been assessed as not meeting the platform's trading standards. For users who have submitted forms that meet the requirements, Gate has completed the repurchase of the relevant tokens and deposited the repurchase amount into the users' accounts. The platform will stop the deposit and trading services for these tokens, and the withdrawal function will also be closed subsequently.
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08:56

European Central Bank President Lagarde: Increasing regional trade can offset global losses.

Gate News bot news, according to Bloomberg, European Central Bank President Christine Lagarde stated that the expansion of trade in the region helps to compensate for losses caused by global fragmentation. During her surprise visit to Kyiv, she recalled that much of the Eurozone's exports go to other European countries, including the UK, Switzerland, and Norway.
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05:26

Analysis: If Bitcoin breaks through the resistance level of $106,406, the next target is a new historical high.

BlockBeats news, on June 16, BTC Markets crypto assets analyst Rachael Lucas expressed her market analysis view: "Geopolitical instability, such as the recent Israeli attack on Iranian nuclear facilities, led to a brief 4% fall in Bitcoin, highlighting Bitcoin's sensitivity to risk-averse events. Nevertheless, as investors use it as a geopolitical hedging tool, Bitcoin typically rebounds quickly. The recent breakthrough of the resistance level at $106,406 indicates that bullish momentum continues, with the next major target being the ATH." Kronos Research Chief Information Officer Vincent Liu stated that once the international situation stabilizes, strong global liquidity and institutional demand may lay the foundation for a breakthrough in Bitcoin's market.
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06:28

Gate will delist 33 tokens and provide a buyback plan, trading will stop from June 3.

Gate News bot news, according to the official announcement from Gate on May 27, 2025: Gate announced the delisting of trading markets for 33 tokens, including ULD, SECOND, LNR, HER, and others against USDT pairs. Affected trading services include spot trading, quantitative grid, leftover coin treasure, and leveraged trading. Gate will suspend trading services for these tokens on June 3, 2025, at 11:00 (UTC+8) and will continue to provide withdrawal services until July 3, 2025. For users still holding these tokens, Gate will offer buyback services from June 17 to 23, 2025, with a maximum compensation limit of 1000 USDT for RMRK, AXIS, XCHNG, JGN, and ATOMARC, and 100 USDT for other tokens. It is important to note that due to anomalies on the MSU chain and the inability to contact the project team, the token currently does not support withdrawal services. The withdrawal function will be restored once the issue is resolved.
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03:32

A former financial advisor in Australia is banned from the industry for 10 years for involvement in a Crypto Assets investment fraud.

Gate News bot news, the Australian Securities and Investments Commission (ASIC) announced regulatory action against former financial advisor Glenda Rogan. According to the investigation, Rogan transferred customer funds amounting to AUD 14.8 million to a Crypto Assets investment eyewash between March 2022 and June 2023. During the investigation, Rogan served as an accountant and financial advisor for the Fincare Group in the Sutherland and Wollongong areas. ASIC decided to ban her from engaging in Financial Service for 10 years. Source: Wu Says.
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14:59

The UK government's spending assessment may be favourable information for UK bonds.

On June 10, British Chancellor of the Exchequer Reeves will release a government expenditure assessment report on Wednesday. If Reeves sends the right message, this could boost gilts. If Reeves shows that she is determined to stick to her fiscal policy, she can protect gilt yields from being dragged down in the event of a sell-off in US Treasuries.
09:13

Cathie Wood reiterated her prediction that Bitcoin will reach $1.5 million by 2030.

Gate News bot reports that Cathie Wood of ARK Invest has not changed her long-held view that the asset could reach $1.5 million within five years. In a recent discussion, she pointed out that the surge in institutional investor interest, limited supply, and Bitcoin's role as a decentralized currency network are key drivers of its potential exponential growth. Wood believes that Bitcoin's scarcity—along with the trillions of dollars managed by institutional investors entering through ETFs—could lead to a significant supply-demand imbalance. She noted that Bitcoin is not just a store of value but also the foundation of a whole new financial system, and its robust network security will further solidify this system.
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00:53

Michelle Bowman has been sworn in as the Vice Chair for Supervision of the Federal Reserve Board of Governors.

BlockBeats news, on June 10, according to an official announcement from The Federal Reserve, Michelle Bowman was sworn in as the Vice Chair for Supervision of the Federal Reserve Board of Governors on Monday. The swearing-in ceremony was presided over by Federal Reserve Chairman Powell in the board's press room. Trump nominated Ms. Bowman for the position on March 24, 2025, and she was subsequently confirmed by the U.S. Senate on June 4. Her term as Vice Chair for Supervision will end on June 9, 2029, while her term as a board member will continue until January 31, 2034.
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LADYS0.95%
04:05

The Federal Reserve (FED) Bowman appointed as Vice Chair for Supervision, Senator Lummis says Favourable Information for the encryption industry.

The U.S. Senate confirmed Federal Reserve Governor Michelle Bowman as the Fed's vice chair for supervision, and Senator Cynthia Lummis said the move "bodes well for a bright future for digital assets." Bowman was nominated by President Trump in March and confirmed in the Senate by a vote of 48 to 46. She has served as a governor of the Federal Reserve since 2018. In the X post, Lummis said: "I am pleased that the Senate has confirmed Miki Bowman as the Fed's vice chair for supervision. Her confirmation represents a turning point for digital assets and brings much-needed balance and accountability to Fed banking supervision. Miki's commitment to evidence-based regulation, rather than political considerations, will strengthen the U.S. financial system. ”
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TRUMP1.06%
02:37

The suspect in the Manhattan Crypto Assets kidnapping case refuses to plead guilty, and officers are suspected to be involved in the case.

Two men suspected of kidnapping and torturing a 28-year-old Italian crypto investor have pleaded not guilty, and the investigation into their case appears to have been embroiled by NYPD officers. Previously, New York police had arrested 33-year-old William Duplessie and 37-year-old John Woeltz, as well as a third suspect, 24-year-old Beatrice Folchi, but her prosecution has been delayed. The names of the victims have not been made public. The three are accused of kidnapping the victim and holding him in a luxury townhouse in Manhattan's affluent SoHo neighborhood for more than two weeks. During this time, the trio tortured the victim, forced him to take drugs, hung him on a windowsill, urinated on him, and subjected him to electric shocks in an attempt to force him to hand over the private keys to Bitcoin, according to NYC police. Two NYPD officers, including a detective assigned to Mayor Eric Adams' protection project, who had worked for Duplessie and Woeltz after hours, have been placed on temporary duty, Bloomberg reported on Thursday. A person familiar with the matter said the two officers were not believed to have been involved in the kidnapping but were providing security services for the defendants. They may have taken the victim from the airport to the townhouse without physically inflicting physical harm on him. A spokesperson for the NYPD said the matter was "under internal review."
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BTC-0.71%
07:04

President墨 stated that he has been invited to attend the G7 leaders' summit but has not yet decided whether to attend.

Jin10 data reported on May 29, the President of Mexico, Xi Baume, stated that Canada has invited her to attend the G7 Leaders Summit next month in Alberta, Canada, but she has not yet decided whether to attend. Canada will hold the G7 Leaders Summit from June 15 to 17. The Canadian side has not announced the guests attending the summit nor listed the discussion topics. However, it is widely predicted that U.S. tariffs will be a major topic at this summit.
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02:51

David Sacks criticizes Senator Warren's anti-encryption stance.

According to ChainCatcher news and reported by @WatcherGuru, David Sacks, the U.S. White House's cryptocurrency and artificial intelligence director and "crypto czar", recently publicly criticized Massachusetts Senator Elizabeth Warren's anti-crypto assets policy. Sacks stated: Warren has a pathological hatred for the crypto community, and her policy intentions aim to drive the crypto industry out of the United States. This statement stems from Warren's long-standing push for strict regulation of Crypto Assets.
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18:03

U.S. Senator Lummis: Trump supports Bitcoin bill

U.S. Senator Cynthia Lummis of Wyoming said on Tuesday that Trump supports her proposed Bitcoin bill. At the Bitcoin conference in Las Vegas, Loomis said that Trump "has a team at the White House working on digital asset issues — from stablecoins to market structures to Bitcoin strategic reserves — and they're probably going to roll them out in that order." The senator's draft Bitcoin bill proposes to create a strategic Bitcoin reserve and buy 1 million Bitcoin for it.
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14:37

Gate exchange announced the delisting of 33 tokens and their USDT trading pairs.

According to the official announcement, the cryptocurrency exchange Gate decided to delist 33 tokens and their USDT trading pairs, including ULD, SECOND, LNR, HER, ADF, LSD7, ARKS, FBX, ARBI, SOMM, FDC, MNZ, DEUS, RATIO, NBP, XPRESS, BLIN, KINE, JULD, PARA, ARES, MINI, EZ, ALY, DSLA, DINO, SOS, RMRK, AXIS, XCHNG, JGN, ATOMARC, AND MSU. Gate announced that after the delisting of trading pairs, the platform will provide users with a withdrawal service for a period of 1 month. Source: Wu Says
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03:54

ARK Invest CEO Cathie Wood discusses ETF and encryption ecosystem development at the Solana event.

Gate News bot message, at the New York Solana Accelerate event, ARK Invest CEO Cathie Wood gave a speech. She emphasized that the encryption exchange traded fund (ETF) will maintain its economic position over the next decade, which is unrelated to the adoption rate of encryption Wallets. Wood mentioned in her speech that the Ethereum spot ETF is limited in its market performance due to the lack of support for staking. She pointed out that Ethereum is the main entry point for new users to understand the smart contract ecosystem. In addition, Wood mentioned the issuance of the TRUMP memecoin on the Solana platform, which has raised concerns among some older institutional investors. Source: Cointelegraph
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17:18

CFTC Commissioner Mersinger: The U.S. may open trading for perpetual futures on Crypto Assets.

According to Gate News bot, TheBlock reported that Summer Mersinger, a commissioner of the Commodity Futures Trading Commission (CFTC), announced that discussions are underway regarding the approval for trading crypto assets perpetual futures in the United States. Mersinger plans to resign from her position as CFTC commissioner on May 30 and will subsequently take on the role of CEO of the U.S. Blockchain Association. During her tenure, she actively promoted the establishment of a digital asset regulatory framework jointly by the CFTC and the SEC.
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04:26

Internet celebrity investigated by the FBI and SEC for promoting HAWK meme coin.

According to a message from the Gate News bot and a report by Cointelegraph, the influencer "Hawk Tuah Girl" Haliey Welch revealed on a podcast that she is under investigation by the FBI and SEC for promoting the HAWK meme coin, with FBI investigators previously visiting her grandmother's house to ask questions. HAWK coin plummeted 90% in value after its issuance in December 2023, being identified as a scam exit. Welch provided his phone to the FBI and SEC during the investigation, ultimately proving his innocence. Welch admitted that she lacked knowledge about cryptocurrencies and stated that she had trusted the wrong person. The promotional video posted on her X account was actually controlled by others; she only received marketing fees and did not profit from the token transactions.
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05:24

Korean actress Hwang Jung Eum misappropriated company funds to purchase Crypto Assets, leading to the removal of segments from the reality show.

According to Gate News bot, local media reports that South Korean actress Hwang Jung-eum has sparked controversy due to her embezzlement of company funds to invest in crypto assets. The production team of the SBS Plus reality show "Single Inferno" stated, "Hwang Jung-eum's video clips will not appear in the final cut, and comments from the host will be minimized." Hwang Jeong-eum admitted during her appearance at the Jeju District Court last Thursday that she embezzled approximately $3.1 million (4.34 billion KRW) from her family-owned business to purchase Crypto Assets. The South Korean prosecution has filed charges against her under the Act on the Aggravated Punishment of Specific Economic Crimes.
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14:27

Kaichun Co., Ltd.: Wang Li and Xu Lei plan to collectively reduce their holdings by no more than 1% of the company's shares.

On May 16, Kaichun announced that Wang Li, the controlling shareholder and actual controller, and Xu Lei, who acted in concert, planned to reduce their holdings of the company's shares by a total of no more than 800,000 shares, accounting for 1% of the company's total share capital, through centralized bidding and/or block trading from June 11, 2025 to September 10, 2025. Wang Li plans to reduce her holdings by no more than 630,000 shares, accounting for 0.7875% of the total share capital; Xu Lei plans to reduce his holdings by no more than 170,000 shares, accounting for 0.2125% of the total share capital. The reason for the reduction is the need for capital from shareholders. The reduction price will be determined based on the market price and will not be lower than the issue price of the company's initial public offering.
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03:43

A Hong Kong man was sentenced to 78 months in prison for stealing 3.2 million USDT from a company.

According to the Gate.io News bot, Hong Kong 01 reported that a 29-year-old man from Hong Kong, while working at a fintech company in Singapore, stole more than 3.2 million USDT from the company account in 64 transactions between November 2021 and July 2022. The man transferred part of the funds to the Wallets held by his girlfriend and her brother. The police arrested two men and one woman in September 2022, recovering approximately 8.6 million HKD in virtual currency and 4.65 million HKD in cash and assets. The man has pleaded guilty and was charged with one count of theft and three counts of money laundering, being sentenced to 78 months in prison on the 15th.
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03:01

An employee of a Singapore fintech company was sentenced to 78 months in prison for stealing 3.2 million USDT.

According to Gate News bot, Hong Kong 01 reported that a 29-year-old man from Hong Kong, while working at a fintech company in Singapore, stole over 3.2 million USDT from the company's account in 64 transactions between November 2021 and July 2022. The man transferred part of the funds to the Wallets held by his girlfriend and her brother. Police arrested two men and one woman in September 2022, recovering approximately HKD 8.6 million in virtual currency and HKD 4.65 million in cash and assets. The man was charged with one count of theft and three counts of money laundering, pleaded guilty, and was sentenced to 78 months in prison on the 15th.
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02:22

A South Korean woman was sentenced to 2 years in prison for stealing Crypto Assets from her boyfriend while he was asleep.

Gate News bot, according to News1, South Korea's Jeju District Court has issued a verdict on a cryptocurrency theft case. A woman in her 40s was sentenced to 2 years in prison for fraud. The court found that A, in January 2024, during the period when his lover was asleep, unauthorizedly transferred approximately 683 million Korean Won (about 500,000 USD) worth of assets from her Crypto Assets wallet to his own account, while also stealing a mobile phone and cash totaling approximately 4.6 million Korean Won. A certain individual admitted to all charges in court and stated that most of the assets had been returned. The court took into account the defendant's criminal record and the amount involved when sentencing, ultimately issuing a prison sentence.
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01:18

A woman in South Korea was sentenced to two years in prison for stealing 500,000 US dollars worth of Crypto Assets from her boyfriend.

PANews, May 16 news, according to Money Today, a woman in her 40s from South Korea was sentenced to two years in prison by the Jeju District Court for secretly transferring her boyfriend's Crypto Assets worth 700 million KRW (500,000 USD) to her own name. In January of this year, she transferred the funds without her boyfriend's knowledge, and the court found her guilty of fraud.
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07:55

South Korean actress Hwang Jung-eum has been sued for embezzling company funds to invest in Crypto Assets.

According to the Gate.io News bot, News1 reported that South Korean actress Hwang Jung-eum faced her first public trial at the Jeju District Court for embezzling 4.34 billion won from her controlling agency to invest in Crypto Assets. During the hearing on May 15, Hwang Jung-eum's lawyer acknowledged the related charges and stated that the investment was made with the consideration of the company's development, and the investment returns belong to the company. Currently, Hwang Jung-eum has repaid part of the losses by selling Crypto Assets and planning to sell real estate, and the court has agreed to continue the compensation process.
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02:41

WTO Director-General: The wave of trade agreements may impact the "Most-Favored-Nation" principle.

Jin10 data reported on May 15, the Director-General of the World Trade Organization, Ngozi, stated in an interview after concluding her visit to Tokyo this week that despite the recent easing of the tariff war between the U.S. and China, global trade remains in crisis. Japanese officials have privately expressed concerns that the hastily reached U.S.-U.K. trade agreement this month may encourage countries to consider pursuing self-serving bilateral agreements, challenging the "most favored nation" principle that underpins the WTO system. When asked if this kind of trading model could undermine this principle, Ngozi indicated that there is such a risk. She stated, "That is why we are telling WTO member countries that are engaged in bilateral negotiations to strive to comply with WTO regulations as much as possible."
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