ChainCatcher news, Gala stated on social media that he is "resigning normally" and feels wronged by the rumored "exaggerated turmoil." Gala previously held a position on the BNB chain under Binance, and his departure has sparked discussions in the cryptocurrency community.Binance co-founder He Yi responded on social media, stating that there were no reported corrupt practices by Gala on the BNB chain, and that other companies have already invited him to join, wishing him well.

ChainCatcher news, White House AI and cryptocurrency chief David Sacks posted on the X platform: "To accuse those who are already very successful in business of entering government to make more money is a lazy and foolish narrative. As far as I know, serving in government creates substantial interference and divestment from personal business interests. The real question is how those lifelong 'public servants' became so wealthy.For example, how did Nancy Pelosi become one of the greatest stock pickers of our time? How did the former head of the U.S. Agency for International Development (USAID) become a billionaire? Why are the zip code areas around Washington, D.C. among the wealthiest in the nation?From what I see, all billionaires who serve in government do so for one reason: they absolutely love this country and want to make it great again. To do this, we must drain the swamp and expose the blatant large-scale government corruption."Elon Musk retweeted the post and expressed agreement: "Exactly."

ChainCatcher news, according to the Argentine presidential office: "On October 19, 2024, President Javier Milei met with representatives of KIP Protocol in Argentina. During this meeting, the company representatives presented the president with their intention to develop a project called 'Viva la Libertad' ('Long Live Freedom'), which aims to utilize blockchain technology to provide financing for private enterprises in Argentina.This meeting has been officially recorded in the public hearing registry, with participants including the national president, KIP Protocol representatives Mauricio Novelli and Julian Peh, as well as presidential spokesperson Manuel Adorni.In this context, on January 30, 2025, the president met with Hayden Mark Davis at the Casa Rosada (Rose Palace). According to the introduction by KIP Protocol representatives, Mr. Davis will provide the technical infrastructure for the project. Mr. Davis has had no prior association with the Argentine government, nor has he established any relationship with it; he was referred as a project partner by representatives of KIP Protocol.Finally, yesterday, the president posted a message on his personal social media account announcing the launch of the KIP Protocol project, similar to his usual support for many entrepreneurs looking to start projects in Argentina to create jobs and attract investment. Due to the widespread attention the project launch received, and to avoid any speculation and reduce further dissemination, the president decided to delete this post.In light of the above, President Javier Milei has decided to immediately refer this matter to the Anti-Corruption Office (OA) to determine whether there has been any misconduct by any members of the national government, including the president himself, in this incident.Additionally, the national president has decided to establish an investigative task force (UTI) under the presidential office, which will consist of representatives from institutions and departments related to cryptocurrency, financial activities, money laundering, and other relevant fields, to consolidate information for an urgent investigation into the release of the cryptocurrency LIBRA and all related businesses or individuals.All information collected during the investigation will be handed over to the judicial authorities to determine whether any businesses or individuals associated with the KIP Protocol project are suspected of criminal activity.President Milei has demonstrated his commitment to the pursuit of truth through concrete actions and has pledged to thoroughly investigate this incident until the truth is revealed."

ChainCatcher news, according to Cointelegraph, New York City’s pro-cryptocurrency mayor Eric Adams has been indicted on corruption charges, becoming the first sitting mayor in New York's history to face charges while in office.The charges were brought after an investigation by the FBI in November 2023, which searched Adams' personal electronic devices, suspecting that he received illegal donations from the Turkish government in 2021.Eric Adams has been a long-time supporter of cryptocurrency, with his first three paychecks being in BTC and ETH, and he pledged to make New York "the center of the cryptocurrency industry" when he was elected mayor in 2021.

According to ChainCatcher news, local media Vijesti recently reported that former Montenegrin Minister of Justice Andrej Milović expressed concerns about the potential connection between the extradition of Terraform Labs co-founder Do Kwon and the airport concession agreements in Montenegro and South Korea.Milović argued that Spajić initially supported the transfer of Kwon to France but changed his position after the appellate court ruled that Kwon should be extradited to South Korea. He further pointed out that Spajić has a personal connection to the case and cited reports of Spajić investing $75,000 in the Terra/Luna tokens, directly linking him to Kwon's bankrupt crypto project. Milović warned that extraditing Kwon to South Korea would hinder a comprehensive investigation into the matter and called on the U.S. to pressure Spajić to cooperate with a broader investigation.

ChainCatcher news, Ghana's Vice President Dr. Mahamudu Bawumia recently stated that the next phase of Ghana's digitalization plan is to transform itself into the first blockchain-driven government in Africa. The automation capabilities of this technology could save Ghana and the African continent billions of dollars lost due to corruption.

ChainCatcher news, according to Coinedition, crypto KOL Derivatives Monke revealed that zkSync DeFi head Sebastien is suspected of "corruption."Derivatives Monke shared chat screenshots with Sebastien (more commonly known as Seb), exposing the latter's offer of "extra zkSync tokens" and reserving some tokens for "friends joining the multi-signature." According to the tweet, Seb had been spreading FUD (fear, uncertainty, doubt) before the launch of Syncus_Fi, a DeFi protocol focused on zkSync. According to the official announcement, "the purpose of the IDO is solely to obtain liquidity for the tokens and to initiate the treasury, thereby enabling the staking/unbonding mechanism to function."The platform also announced that 15% of the total supply of SYNC tokens will be allocated to the IDO (Initial DEX Offering). According to the official statement, the IDO went live on November 25 at 2 PM (Eastern Time) for only 5 minutes. However, Derivatives Monke's tweet revealed the unusual behavior of the zkSync DeFi Head. Seb asserted that about 25% of the zkSync tokens should be allocated to "his friends."Despite this, the head seems to strongly deny these allegations and wrote on Twitter, "The screenshots in this tweet are fake." He reiterated that the events in question are not real and claimed that he has "clarified the situation and cleared up the initial misunderstanding."

ChainCatcher news, the Anti-Corruption Division of the Ministry of Justice of Taiwan issued a press release stating that in consideration of money laundering risks, "virtual currency platforms and trading businesses" have been included in the scope of anti-money laundering measures. Given that virtual currencies also have considerable property value, the Ministry of Justice has recently been actively considering including virtual currencies in the scope of assets that should be declared under the "Public Servants Property Declaration Act."

ChainCatcher news, the second episode "Political Supervision" of the TV documentary "Forever Blowing the Horn" was broadcast on CCTV. During his tenure, former secretary of the Fuzhou Municipal Committee, Xiao Yi, regarded Jiumu Group's Genesis Technology Co., Ltd., located in the Fuzhou High-tech Development Zone, as a "business card" for Fuzhou's "digital economy" industry, promoting it as a high-tech company engaged in "big data" and "cloud computing." However, Xiao Yi was well aware that the company was actually involved in virtual currency mining, commonly known as "mining."It is reported that Xiao Yi instructed Lin Qingxing, the actual controller of Jiumu Group, to disguise the company as a big data enterprise, and some leading officials formed a "mining" interest community with Lin Qingxing's company. Genesis Company operates about 160,000 "mining machines" daily, and from 2017 to 2020, the company's electricity consumption accounted for 10% of the total electricity usage in Fuzhou. To cover up the true situation, Xiao Yi instructed relevant departments to fabricate statistical reports and adjust electricity classifications. He also illegally requested financial subsidies for the company and improperly promoted government agencies to provide guarantees, loans, and other financing support amounting to over 2.4 billion yuan, helping the company build a new data center building in the high-tech zone.Starting in 2018, the state clearly required local governments to guide "mining" enterprises to exit in an orderly manner, and further explicitly prohibited the development of virtual currency "mining" projects under any name. Xiao Yi was fully aware of national policies but still harbored a fluke mentality, attempting to deceive by instructing Lin Qingxing's company to "perform" other businesses when inspections occurred. (source link)

ChainCatcher news, according to Wu said blockchain reports, Bitmain released a personnel appointment letter signed by Chairman Jihan Wu on November 1, appointing Xiao Shengqiang as the President of the Mining Machine Business Department for a term of 4 years, and removing Du Shisheng from the position of President of the Mining Machine Business Department and EMT committee member. Xiao Shengqiang was a former financial staff member of Bitmain Shenzhen.On November 2, Bitmain issued a letter to all employees, requiring those who have engaged in corrupt behavior to voluntarily report by November 6, and the company will not pursue criminal liability. Corrupt behavior includes soliciting or accepting kickbacks or bribes from customers/suppliers, profiting from the price difference in sales/purchases, including direct profits and profits through external "white gloves." (source link)