Markets and money were shadowed by risk today, from the runway to digital assets. In Denver, Frontier Airlines faced a fatal security breach after a pedestrian who allegedly jumped a perimeter fence was struck by a departing plane, forcing an evacuation and raising fresh questions about airport safeguards. In corporate filings, Trump Media’s parent company posted a roughly $400 million quarterly loss as falling cryptocurrency valuations overwhelmed its modest revenue, underscoring how volatile token exposure can distort balance sheets. In Europe, ECB President Christine Lagarde sharpened that warning, arguing euro-denominated stablecoins could threaten financial stability and weaken monetary-policy transmission, while urging development of a digital infrastructure rooted in central-bank money instead. Regulators and law enforcement were active elsewhere too: Washington sanctioned firms in China and Hong Kong over alleged support for Iran’s drone and missile supply chains, and British police charged sprinter CJ Ujah in an alleged crypto-fraud conspiracy.