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Thailand's securities regulator has filed criminal charges against crypto exchange Bitkub and two of its former directors, alleging the company concealed a forty-seven million dollar hack from its regulatory filings back in two thousand twenty one. It's a significant move that signals Southeast Asian regulators are tightening their grip on exchange accountability.
Meanwhile, in the United States, decentralized cloud storage firm Storj has filed for Chapter eleven bankruptcy, becoming the latest casualty in what's shaping up to be a rough stretch for the crypto industry. What makes the case unusual is the company's proposal to convert token holdings into equity in the restructured business — a rarely tested arrangement that will test the limits of bankruptcy law and investor patience alike.
And on a story with broader public health stakes, measles cases in the United States have hit their highest levels in decades as vaccination rates continue to slide. Researchers are now working to develop antiviral treatments for those who contract the disease or face elevated risk — a sign that the medical community is preparing for a reality where prevention alone may no longer be enough.
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