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On August 19, Decrypt reported that the U.S. Department of Justice announced that Edward Zimbardi, the main suspect in a $165 million cryptocurrency Ponzi scheme, has been extradited back to the U.S. after fleeing to Fiji for over a year. He currently faces 12 counts of wire fraud, 12 counts of money laundering, and 1 count of conspiracy to commit money laundering. Prosecutors allege that from June 2022 to August 2023, Zimbardi operated a project called 'TheCryptoProgram,' which promised guaranteed monthly returns of 25%, attracting thousands of investors to deposit over $165 million in cryptocurrency. In reality, he used over $34 million for high-risk forex speculation, paid early investors with new investors' funds, and diverted at least $10 million for personal expenses. After the scheme collapsed in August 2023, Zimbardi fled and eventually settled in Fiji, where he was extradited back to the U.S. on August 14 through collaboration between the FBI and the State Department. The FBI is urging victimized investors to proactively contact law enforcement.

On August 19, Decrypt reported that the U.S. Department of Justice announced that Edward Zimbardi, the main suspect in a $165 million cryptocurrency Ponzi scheme, has been extradited back to the U.S. after fleeing to Fiji for over a year. He currently faces 12 counts of wire fraud, 12 counts of money laundering, and 1 count of conspiracy to commit money laundering. Prosecutors allege that from June 2022 to August 2023, Zimbardi operated a project called 'TheCryptoProgram,' which promised guaranteed monthly returns of 25%, attracting thousands of investors to transfer over $165 million in cryptocurrency. In reality, he used more than $34 million for high-risk foreign exchange speculation, paid early investors with funds from new investors, and diverted at least $10 million for personal expenses. After the scheme collapsed in August 2023, Zimbardi fled the country and eventually settled in Fiji. He was extradited back to the U.S. on August 14 through collaboration between the FBI and the State Department. The FBI is urging victimized investors to proactively contact law enforcement.

On August 19, Yushu Technology successfully completed its IPO, with founder Wang Xingxing, Sequoia Capital's Shen Nanpeng, and renowned singer Wang Leehom in attendance at the appreciation banquet. In his speech, Wang Leehom reflected on his experience collaborating with Yushu Technology for a humanoid robot stage performance. He stated that over a year ago, during his initial visit to Yushu Technology, he hoped the company would design a mechanical piano that could move during concerts, but Wang Xingxing responded, 'We don't make pianos; we make humanoid robots.' Subsequently, the Yushu team input thousands of movements into the robot through motion capture and attempted to integrate the robot into the complex choreography of the entire concert. During the rehearsal, the robot experienced issues with gradually slowing down its timing. Wang Leehom noted that the Yushu engineering team worked overnight to write new code, synchronizing the robot with the lighting system's time code, and completed adjustments before the official performance, ultimately achieving a successful show. He mentioned that the team repeatedly responded to tasks they had never done before with, 'We've never done this, but we can definitely do it.' Wang Leehom also mentioned that the day after the performance, Elon Musk shared a video of the show and commented, 'Impressive.' At the appreciation banquet, Wang Leehom stated, 'Today, the financial sector is also buzzing,' and congratulated Wang Xingxing and the Yushu team.