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An MP accused of making threatening phone calls to her partner’s friend and threatening to send naked pictures of her to her family has been found guilty of harassment.

Claudia Webbe, 56, claimed she called Michelle Merritt because “we were in a national crisis and lockdown had to be adhered to strictly”.

The MP was accused of threatening to send naked pictures of the 59-year-old to her family because she was jealous of Ms Merritt’s friendship with her partner Lester Thomas – who Ms Webbe remains in a relationship with.

The independent Leicester East MP, who was suspended by the Labour Party, is alleged to have made a string of short silent phone calls to Ms Merritt, called her a “slag” and threatened her with acid.

Ms Webbe denied one count of harassment and said she called Ms Merritt as a “courtesy” because she was unhappy the 59-year-old had been breaching lockdown rules with Mr Thomas.

Some of the phone calls had their number withheld but some did not as Ms Webbe had dialled “121” before Ms Merritt’s number instead of “141”, which withholds the caller’s number.

The magistrate said he believes some of the things Webbe said in court were “made up in the spare of the moment”.

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“Her explanation was frankly incredible and I do not believe it,” he added.

He also asked for a pre-sentencing report before he determined her sentence because he said threatening to throw acid and send intimate pictures to someone’s family “crosses the custody” threshold.

The MP was cross-examined about a number of phone calls, including a seven-second call in March 2020 in which Ms Webbe says she told Ms Merritt: “Michelle can you please not break lockdown with Lester.”

Ms Webbe told the court: “She was committing a crime. I was pointing this out, I am the victim.”

She said as an MP she felt her “household should not be breaking lockdown”.

When asked why she did not report Ms Merritt and Mr Thomas to the police, Ms Webbe said she “gave up because they continued to meet up long after April”.

Westminster Magistrates Court heard statements on Ms Webbe’s character from the former Labour leader Jeremy Corbyn, who described the MP as a “person of good character who makes a positive contribution”.

Former shadow chancellor John McDonnell said Ms Webbe was “honest, responsible and an extremely caring person”.

Prosecutor Susannah Stevens said Ms Webbe has been harassing Ms Merrit “for a long period of time”, and there had been no mention of COVID-19 in a recorded phone call during which Ms Webbe told Ms Merritt to “get out of my relationship”.

Ms Webbe entered the Commons in December 2019, winning the seat formerly held by Keith Vaz, the Labour veteran who retired in the wake of a scandal.

She was a political adviser to then-London mayor Ken Livingstone, worked as a councillor in Islington between 2010 and 2018, and was a member of Labour’s ruling National Executive Committee.

A sentencing date will be set in due course.

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South Korea to impose bank-level liability on crypto exchanges after Upbit hack: Report

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South Korea to impose bank-level liability on crypto exchanges after Upbit hack: Report

South Korea is preparing to impose bank-level, no-fault liability rules on crypto exchanges, holding exchanges to the same standards as traditional financial institutions amid the recent breach at Upbit.

The Financial Services Commission (FSC) is reviewing new provisions that would require exchanges to compensate customers for losses stemming from hacks or system failures, even when the platform is not at fault, The Korea Times reported on Sunday, citing officials and local market analysts.

The no-fault compensation model is currently applied only to banks and electronic payment firms under Korea’s Electronic Financial Transactions Act.

The regulatory push follows a Nov. 27 incident involving Upbit, operated by Dunamu, in which more than 104 billion Solana-based tokens, worth approximately 44.5 billion won ($30.1 million), were transferred to external wallets in under an hour.

Related: Do Kwon says five-year US sentence is enough as he faces 40 years in South Korea

Crypto exchanges face bank-level oversight

Regulators are also reacting to a pattern of recurring outages. Data submitted to lawmakers by the Financial Supervisory Service (FSS) shows the country’s five major exchanges, Upbit, Bithumb, Coinone, Korbit and Gopax, reported 20 system failures since 2023, affecting over 900 users and causing more than 5 billion won in combined losses. Upbit alone recorded six failures impacting 600 customers.

The upcoming legislative revision is expected to mandate stricter IT security requirements, higher operational standards and tougher penalties. Lawmakers are weighing a rule that would allow fines of up to 3% of annual revenue for hacking incidents, the same threshold used for banks. Currently, crypto exchanges face a maximum fine of $3.4 million.

The Upbit breach has also drawn political scrutiny over delayed reporting. Although the hack was detected shortly after 5 am, the exchange did not notify the FSS until nearly 11 am. Some lawmakers have alleged the delay was intentional, occurring minutes after Dunamu finalized a merger with Naver Financial.

Related: South Korea targets sub-$680 crypto transfers in sweeping AML crackdown

South Korea pushes for stablecoin bill

As Cointelegraph reported, South Korean lawmakers are also pressuring financial regulators to deliver a draft stablecoin bill by Dec. 10, warning they will push ahead without the government if the deadline is missed.