$128 Million BHE Exchange Crypto Scam Suspect Arrested in Thailand

On February 24, per HTX market data, SKR (Seeker) surged 50% in nearly 5 minutes after Upbit listed the token for spot trading, hitting $0.029.

**Trump’s 10% Import Tariff Takes Effect (Feb 24, 13:00 Beijing Time)** Valid for 150 Days Additional Update: On Feb 22, Trump stated he would immediately increase the 10% global tariff on multiple countries to 15%—a level he described as "fully legitimate and legally vetted." The Trump administration will identify and roll out new legitimate tariffs over the next few months. Note: The current 15% global tariff has not yet been formally documented in any official filings.

**Hong Kong Police Arrest Crypto Exchange Employee Over $2.67M Theft** Hong Kong police on February 24 took into custody a 34-year-old employee surnamed Cai of a cryptocurrency exchange, suspected of stealing approximately 2.67 million USDT (equivalent to around HK$20.87 million) from roughly 20 customers. Cai, a network engineer with four years at the firm, was primarily responsible for managing the company’s mobile application. Since early January this year, the exchange has received reports from customers about financial losses. An investigation uncovered that Cai gained unauthorized access to the company’s database and viewed sensitive customer account information. The incident occurred at the South Tower of Grandway Plaza on Science Museum Road in Tsim Sha Tsui. The case has been transferred to the Criminal Investigation Team of the 9th Division, Yau Tsim Mong Police District.

Upbit to List SKR (Seeker) on KRW, BTC, and USDT Trading Pairs on February 24.

On February 24, X updated its API policy to crack down on AI-generated spam. The platform has restricted automated replies sent via the POST /2/tweets endpoint: users can only reply if the original post’s author @mentions or quotes their tweet. Non-reply tweets are unaffected. This restriction applies to Free, Basic, Pro, and Pay-As-You-Go tiers, while Enterprise and Public Utility tiers remain exempt.