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While the launch of Libra, the meme coin shared by Argentine President Javier Milei on social media, and its disastrous debut may seem like old news to some, the court cases seeking to determine responsibilities are ongoing.A recent decision in a separate case involving a social media response to another user could change how the Argentine justice system addresses Milei’s involvement with Libra. Andrés Gil, the attorney for Ian Moche, an eight-year-old child with autism who has asked Milei to remove insulting posts about him, reported that a judge ruled that any posts made by Milei on X should be considered statements from the President rather than personal remarks.
Gil stated that federal courts should manage the case, given that “President Javier Milei used the account on X with a gray check mark reserved, according to the regulations of the social network, for Individuals of the national government: Heads of State (presidents, monarchs and prime ministers) and their deputies and spouses.”
Milei and his administration have claimed that, as the promotion of Libra was made as an individual rather than as a head of state, it would not enable any kind of political action against him. Nonetheless, this might change with this new ruling.
In May, millions of dollars linked to the Libra case were blocked, and the investigations and court cases, both in Argentina and the U.S., are still open.
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A U.S. federal court has sentenced a California man to 6 1/2 years in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency.
Marlon Ferro, 20, of Santa Ana, was also ordered by U.S. District Judge Colleen Kollar-Kotelly to serve three years of supervised release and pay $2.5 million in restitution. Ferro, known by the online alias “GothFerrari,” pleaded guilty in October to conspiracy to participate in a racketeering-influenced and corrupt organization (RICO).
In a statement, U.S. Attorney Jeanine Ferris Pirro described Ferro as the “instrument of last resort” for a criminal enterprise that spanned the United States and several foreign countries.
When his co-conspirators couldn’t deceive victims into handing over access to their cryptocurrency or hack their way into digital accounts, they turned to Ferro to break into homes and steal hardware wallets outright,” Pirro said.
According to court documents, the enterprise operated between late 2023 and early 2025, employing specialists for database hacking, money laundering, and residential burglary. Conspirators used the stolen funds to finance a lavish lifestyle, including $500,000 nights at nightclubs, private jets, exotic cars valued up to $3.8 million, and luxury handbags used as party favors.
Federal investigators detailed Ferro’s specific role in two high-profile thefts. In February 2024, Ferro broke into a home in Winnsboro, Texas, and stole a hardware wallet containing 100 bitcoin, valued at more than $5 million at the time.
In July 2024, Ferro traveled to New Mexico, where he used a hidden cellphone to monitor a victim’s movements. After co-conspirators tracked the victim’s location via a compromised iCloud account, Ferro smashed a window with a brick to search for hardware wallets. He was caught on the home’s surveillance system.
Beyond the burglaries, Ferro acted as a primary money launderer. Using fraudulent identification, he opened digital payment accounts that allowed the group to spend stolen assets at retail stores and nightclubs. Investigators say he also used illicit funds to pay legal fees for the conspiracy’s leader following an arrest in September 2024.
Ferro was arrested on May 13, 2025. At the time of his arrest, he was in possession of two firearms and forged identification documents. The case was investigated by the Federal Bureau of Investigation (FBI) and IRS Criminal Investigation units in Washington, with support from field offices in Los Angeles and Miami.
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Robert Kiyosaki, author of Rich Dad Poor Dad, shared a series of lessons on social media platform X this week focused on how individuals can protect and grow wealth during prolonged global economic downturns, with particular emphasis on preparation, asset ownership, and bitcoin.
During a global economic crash, prices on many assets will crash,” Kiyosaki said, “which means a crash may be a good time to acquire assets, such as rental real estate… that provides cash flow.” The famous author noted:
Kiyosaki used this statement to explain that falling asset prices are not inherently negative if investors are financially prepared and liquid. He argued that crashes often reset valuations, allowing disciplined buyers to acquire income-generating assets at discounts. By referencing his experience across multiple downturns, he framed crashes as recurring cycles rather than rare catastrophes, reinforcing his broader lesson that wealth is built through counter-cyclical action rather than fear-driven retreat.
What would you do to increase your wealth during an economic crisis? Best to plan now,” the renowned author asked his followers, underscoring his belief that advance planning, not reaction, determines outcomes when markets deteriorate.
His follow-up posts expanded on the long-term nature of economic decline and his preference for hard and decentralized assets. Kiyosaki explained: “How you can get richer as the world economy collapses. Crashes do not happen overnight. Crashes take decades to occur.” He argued that today’s instability stems from decades of debt expansion and monetary intervention. From that perspective, the acclaimed author urged asset protection outside traditional systems, writing:
Kiyosaki presented bitcoin as “people’s money,” highlighting its fixed supply and independence from central banks as safeguards against currency debasement. Supporters of bitcoin echo this view, pointing to its transparent issuance and censorship resistance, while critics note volatility and regulatory uncertainty. Kiyosaki’s central lesson remains that understanding monetary history and positioning early are key to long-term financial resilience.
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Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), the parent company of Truth Social, Truth+, and Truth.Fi, disclosed on Sept. 10 that Yorkville America Equities has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for five America First-themed exchange-traded funds (ETFs). The company stated:
The lineup includes five products—the Truth Social American Icons ETF, Truth Social American Security & Defense ETF, Truth Social American Next Frontiers ETF, Truth Social American Energy Security ETF, and Truth Social American Red State REITs ETF.
Through a collaboration with the 1792 Exchange, the funds will apply a screening process to maintain alignment with the Truth Social brand and America First principles. Trump Media added: “Subject to regulatory approval, the ETFs are expected to launch later this year and be widely available across existing platforms and brokerages. Shares will be listed on NYSE Arca.”
Yorkville America Equities, an affiliate of Yorkville America, will serve as sponsor and registered investment adviser for the ETFs. The Florida-based firm specializes in politically and culturally aligned investment vehicles. While detractors may argue that the launch embeds political ideology into financial products, advocates point to increasing investor appetite for thematic strategies that align with personal values.
During August and September 2025, Trump Media & Technology Group also reinforced its pivot toward cryptocurrency. The company filed an amended registration statement for a bitcoin ETF in August, then announced a collaboration with Crypto.com, involving a treasury of Cronos (CRO) tokens. On Sept. 5, Trump Media finalized the acquisition of 684.4 million CRO through a stock and cash exchange, followed by a Sept. 9 platform upgrade enabling Truth Social users to convert earned “gems” into CRO via Crypto.com’s wallet infrastructure.
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For years, the battle against Sybil attacks—where a single actor creates a multitude of fake identities to subvert a system—was a game of detecting bot-like behavior. If a thousand accounts moved in perfect synchronization or used the same rigid script, security systems could easily flag them as malicious.
However, the integration of artificial intelligence (AI) is fundamentally dismantling these traditional defenses. In an interview with Bitcoin.com News focused on the evolving threat landscape, Paolo D’Amico, senior staff product engineer at Tools for Humanity, outlined how AI has transitioned from a technical tool to a sophisticated “force multiplier” for digital attackers.
In the past, executing a Sybil attack at scale required significant technical overhead to ensure the “clones” appeared distinct. According to D’Amico, AI has lowered this barrier to entry by automating the creation of credible personas.
AI makes that automation both easier to deploy and more convincing in practice,” D’Amico notes. “It expands an attacker’s ability to generate realistic behavior, adapt dynamically, and bypass existing security controls.”
Unlike traditional bots that follow static code, AI-driven agents can generate unique social media posts, engage in varied onchain transactions, and mimic the “jitter” of human timing. This dynamic adaptation makes it nearly impossible for legacy security systems to identify a cluster of accounts as being controlled by a single entity.
Perhaps the most significant shift D’Amico identifies is a fundamental change in how we perceive automated traffic. Historically, security teams operated under a simple criterion: Automated traffic is bad; human traffic is good. Yet, as we move toward an era of decentralized AI agents that perform legitimate tasks, that binary is breaking down.
Agents are providing a new interface for interacting online, which makes it harder to distinguish harmful automation from legitimate or desired automated activity,” D’Amico explains. “As a result, sites now need to adapt their defenses for a world where automation itself is no longer a reliable signal of abuse.”
If AI can solve puzzles and mimic human browsing patterns, the question arises: Is the traditional CAPTCHA dead? According to D’Amico, these tools are not necessarily disappearing, but they are undergoing a radical evolution
Relying on simple puzzles is becoming a game that AI is increasingly winning. Instead, robust solutions must move toward fundamentally representing a human better in the digital world. D’Amico points to emerging standards like those from the Privacy Pass working group as a glimpse into a future where “human-in-the-loop” actions are verified through deeper technological layers.
To combat the threat of a Sybil swarm of autonomous agents, new infrastructure is emerging that prioritizes verified uniqueness. One such solution is Agentkit, an SDK based on the World ID Protocol.
By integrating Agentkit, websites can gate, limit, or control access to content based on rules set for World ID credentials. The most immediate application is rate limiting based on unique humans. For instance, a platform could allow each verified person a set number of requests within a specific timeframe, effectively neutralizing the advantage of mass-produced bot accounts.
According to D’Amico, World ID introduces a security layer where scaling Sybil attacks becomes significantly more difficult. In this ecosystem, an attacker can no longer gain a new identity simply by providing a new email address or phone number. To the system, you must be a new person. This shift is anchored by the Orb—a sophisticated piece of trusted hardware—and the use of zero-knowledge (ZK) cryptography, ensuring uniqueness is verified without compromising individual privacy.
As the economy of autonomous agents grows, the challenge moves from mere identification to authorization. New protocols like x402 enable agents to pay for web resources directly. However, the critical security question remains: How do we know an agent is spending on behalf of a human rather than acting as a rogue script?
For humans, that means stronger verifiable trust anchors that allow identity to remain a reliable representation of a real person online,” D’Amico predicts. “In parallel, I expect identity frameworks for autonomous agents to become more important.”
As agents begin to interact with financial systems and platforms in more meaningful ways, the industry will require clearer ways to verify who or what they represent, the extent of their authority, and whether they are acting on behalf of a real user.
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