The Department of Justice (DoJ) has dismissed the complaints against celebrity Gretchen C. Barretto in connection with the disappearance of more than two dozen cockfighting enthusiasts, ruling that the allegations lacked evidence.
In a 120-page resolution, prosecutors said claims tying Ms. Barretto and several others to the so-called Pitmaster Alpha Group were “speculative and uncorroborated,” noting that no witness or material proof linked them to the abductions.
Ms. Barretto’s lawyer, Alma Fernandez-Mallonga, welcomed the ruling, saying her client had long maintained she had no involvement in the case. “There is no truth to the accusations. She played no part in the situation of the missing cockfighters,” she said, adding that Ms. Barretto was grateful for the support she received.
The DoJ panel said the complaints should be dismissed for lack of merit, though future charges could still be filed if new evidence emerges connecting any of the respondents to the unlawful detentions. — Erika Mae P. Sinaking

Although crypto treasury companies have enjoyed short-term price gains, most have underperformed the underlying assets they hold. Crypto asset prices retraced this week, but the spot market is faring better than most digital asset treasury companies, which have lost over 90% of their value in some cases due to market saturation and investor concerns over the sustainability of the digital asset treasury business model.Strategy, the largest Bitcoin (BTC) treasury company, is down about 45% from its all-time high of $543 per share during intraday trading in November. Comparatively, BTC is up about 10% since hitting a high of over $99,000 over the same month.Additionally, BTC has printed successive new highs since December, hitting an all-time high of over $123,000 in August, whereas Strategy has failed to reach a new all-time high in 2024 or even recapture its previous all-time high during the same time period.Read more

