Odaily Planet Daily News According to local media reports, an Argentine law firm filed a criminal complaint with the U.S. Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) on February 17 to find out who is behind the collapse of the LIBRA token. The lawsuit also calls for an investigation into the role played by Argentine President Miley. In addition, the Citizens' Alliance ARI filed a criminal complaint on February 17, asking the Department of Justice to investigate Miley's alleged bribery and fraud allegations, adding that "the government cannot be both judge and jury." (Cointelegraph)

Odaily Planet Daily News Jupiter co-founder meow responded to the Libra incident on X: "Hello everyone, I am meow from Jupiter, and I am also the co-founder of Meteora. First, I want to reiterate my confidence that no one in Jupiter and Meteora has committed any insider trading or financial misconduct, and no one has obtained any tokens in an improper manner. Second, we are hiring an independent third party (the well-known law firm Fenwick & West) to investigate and publish a report, and they will publish the report independently. Third, I support Ben and his statement. I believe what he said about no financial misconduct in dealing with partners. Meteora has been operating as an independent entity from Jupiter for more than a year, and Ben has been running it without my involvement. He has done an excellent job in building a team, the most innovative DEX in the past year, and the most active LP community in the world. Although I am not confident about Ben's character, 100% confident in Ben’s leadership, but he has also demonstrated a lack of judgement and care for certain core aspects of the project (given its current size and reputation) over the past few months as the project leader. Unfortunately, this is unacceptable. Ben understands this and has chosen to resign. Going forward, we will be looking for a new leader for Meteora. As many can attest, Ben has been a very helpful and kind participant in the ecosystem. I ask that you all not jump to conclusions and treat him as kindly as possible as he attempts to clear his name. When it comes to token transparency, JUP has always been the gold standard. We are the only major protocol to account for every token in the 3 audit process. We have never sold tokens over the counter, and the use of every major token has been carefully documented and planned by our audits. Token integrity has been paramount to us since day one. Second, Jupiter is one of the least predatory participants in the ecosystem. We allow users to swap tens of billions of dollars for free, and allow our partners to earn hundreds of millions of dollars in fees, with very little on our end. For the past year, our perpetual contract fees have been transparently documented and reported with two of the best audit partners in the space. Even our most recent Ultra Mode is also the first time we will charge users a conversion fee, which is 0.05%-0.1%, 10-20x lower than other major platforms. The vast majority of fees are retained on Solana and invested in jupSOL/JLP, and stay within the ecosystem, except for the amount used to fund talent recruitment and operating expenses. Personally, I have not sold a single JUP, nor do I trade Meme coins regularly. I have been offered free tokens for marketing purposes on multiple occasions, and I have rejected them all. Before Jupiter, most of the tokens I received from investment/consulting were diamond hands. I would like to apologize for the stress I have caused the team, community, and the entire ecosystem recently. While we have a very high standard for token integrity at Jupiter, I would like to apologize for not holding other projects in the space to the same standard. This is a watershed moment for our industry, and it is now very clear to me that the way to grow the industry is not just through more tokens, but through projects that have the same level of token certainty, long-term consistency, and extreme transparency as JUP. One of my main goals is to create permissionless products, operating systems, and ethical standards that I believe can form the new foundation for the future of cryptocurrency. 1. Make jup.ag the best decentralized platform 2. Build Jupnet as the network that connects everything 3. Drive standards of certainty, consistency, and transparency in our industry I am not perfect, and I have learned many important lessons. I hope to learn from them and use the strong systems we have built for JUP to define the next major phase of our industry - growth. ”

According to market sources, OpenAI is in talks to open source a new large-scale language AI model.

Odaily Planet Daily News Shanghai Procuratorate WeChat published an article to warn against the trap behind "AI digital collections". It is reported that Wu and Wang set up a digital collection platform to attract investors. They falsely advertised that the "digital collections" drawn by AI have appreciation prospects and promised "half price" to protect the principal. They lured victims to buy the platform's first collections and then trade them in the "secondary market". When the victims were unable to trade the collections and asked for a refund, they cut off contact with the victims, causing a total loss of about 1.8 million yuan to the victims. In January 2025, the Jinshan District Procuratorate of Shanghai filed a public prosecution, and Wu and Wang were sentenced to corresponding penalties by the court for the crime of fundraising fraud. (Shanghai Procuratorate WeChat)

GungHo Online Entertainment, a Japanese video game developer, has rejected the shareholders’ demand for a change in stream and policy on executive pay. The proposal by investment firm Strategic Capital cited issues such as CEO pay, financial performance, and transparency. Strategic Capital, which has a 5.4% stake in Gunho, said GungHo has failed to launch a new game of […] source: https://www.cryptopolitan.com/gungho-shareholders-challenge-ceo-salary/

According to PANews, the European Securities and Markets Authority (ESMA) has initiated a public consultation on guidelines for assessing the knowledge and competence of professionals providing crypto asset services under the Markets in Crypto-Assets Regulation (MiCA). Released on February 17, the consultation aims to standardize the qualifications and experience required for individuals offering advice or information on digital assets to clients. The draft guidelines set clear professional qualifications, work experience, and continuing education standards for employees of crypto asset service providers (CASPs). Under the proposal, individuals providing crypto asset investment advice must meet stricter competency requirements than those offering basic information services. ESMA specifies that advisors should possess a higher education degree or equivalent, undergo at least 160 hours of professional training, and have a minimum of one year of relevant experience. In contrast, personnel providing general information on crypto assets need at least 80 hours of professional qualification training and six months of supervised experience. All professionals must pass an assessment exam and complete ongoing training—at least 10 hours annually for information providers and 20 hours for advisors—to ensure their knowledge remains current. The guidelines also emphasize the importance of understanding risks unique to crypto assets, such as market volatility, cybersecurity threats, blockchain governance, and liquidity risks associated with major asset holders. Additionally, ESMA proposes that companies conduct annual internal reviews to assess employee compliance with these standards. Market participants, including CASPs, investors, financial institutions, and industry associations, are invited to provide feedback on the proposed standards. ESMA will accept comments until April 22, 2025, and expects to issue the final guidelines in the third quarter of the same year.

Odaily Planet Daily News Argentine President Milley said on a TV show about the Libra incident: "I acted in good faith, but suffered a blow. Did the country lose money? No. Did the Argentines lose money? Maybe four or five at most. The vast majority of investors are Chinese and Americans. I shared Libra in the same way as I have shared hundreds of things. My tweet was posted three minutes after the token was created because I am passionate about these things and discovered it. These people are volatility traders and know what they are doing. Hayden Davis proposed creating a structure to provide funding for entrepreneurs who lack financing options due to informality. When Libra was made public, I helped spread the news. It is wrong that 44,000 people were affected, only 5,000 at most people. The chances of Argentinians participating were very small. These were highly specialized individuals who were using this financial instrument. Those who were involved were very aware of the risks – they were volatility traders. It was a private matter between individuals and they participated voluntarily. I didn’t promote it, I shared it. I did it because I am a die-hard tech optimist. Any move to improve financing for tech entrepreneurs interests me. I made no mistakes because I meant well. But when I saw the political impact, I realized I needed to learn something. I needed to understand that after becoming president, I continued to behave like Javier Millay as before. Unfortunately, this situation taught me that I need to improve my screening skills and not make myself so accessible. ”

According to Odaily, a recent report by global investment firm Bernstein suggests that investors should prepare for further increases in Bitcoin-related assets and stocks. Analysts indicate that the Bitcoin bull market is likely to persist as institutional funds continue to flow into the sector. The report highlights that the collective adoption by banks, institutional investors, corporations, and sovereign nations, either directly or through sovereign funds, positions Bitcoin as a significant challenger to gold. Analysts also noted that the Abu Dhabi sovereign wealth fund's purchase of Bitcoin through an ETF is favorable for its future trajectory. Disclosed data reveals that top institutions, including Jane Street Group, Citadel Advisors, and Morgan Stanley, have collectively invested hundreds of millions of dollars in Bitcoin ETFs. Bernstein analysts have previously predicted that Bitcoin could reach $200,000 by the end of 2025.

Odaily Planet Daily News: Messari data shows that Sonic DEX's trading volume has exceeded 1 billion US dollars.

The president said at most, 'maybe four or five' Argentines lost money and that most investors were 'Chinese and American.' source: https://www.theblock.co/post/341405/milei-says-he-didnt-intend-to-promote-solana-based-libra-token-few-argentines-lost-money-reports?utm_source=rss&utm_medium=rss

Trillioner’s recent price spike to $91.34 is notable but raises concerns due to its low trading volume and unverified partnerships. The project's potential for market manipulation and questionable social media engagement suggest that its long-term stability may be uncertain.