Gary Wang, former CTO of FTX and Caroline Ellison, former chief executive of Alameda, are cooperating with investigators Bankman-Fried is charged with illegally using FTX customer funds to buy real estate properties and supporting Alameda Research He was released on a $250 million bond after being extradited to the US from the Bahamas Sam Bankman-Fried...
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According to a report by cybersecurity firm Unit 42, South Africa based hacker group “Automated Libra” is behind an elaborate crypto mining scheme referred to as “ PurpleUrchin”, which has cost major cloud providers, including Microsoft and Salesforce, millions of dollars in resources and unpaid bills. Freejacking works by using free (or limited-time) cloud resources...
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Rep.-elect George Santos’ timing could’ve been better. Had his prolific lying come to public attention during a busier time in the news, the New York Republican might’ve faced less attention and scrutiny. Instead, the controversy snowballed between Christmas and New Year’s Eve — when much of the political world had little to do except focus...
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A fake Pokemon NFT game seems to infect people’s computers with malware. Hackers are trying to use a duped Pokemon NFT trading card site to conduct phishing attacks on unsuspecting victims. Read on to learn more about how to avoid falling for the trap! How Can I Avoid NFT Scams? To begin, ensure that you...
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Kanye West‘s former business manager says the rapper is “missing” after failing to locate him over the last few weeks to serve him legal documents. Thomas St. John – Ye’s senior financial advisor for 18 months – is attempting to sue him over lack of payment. St. John filed court papers on Dec. 29 requesting...
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A devastated West Australian teen who says she was swindled out of $37,000 has revealed why she may never see a cent of it again.Aurora Casilli, from Albany in the state’s Great Southern, had hoped to use the money she’d accumulated through working multiple jobs and diligent saving on a house deposit or future studies.But...
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China’s Securities Regulatory Commission (CSRC) said on December 30 that online brokerages Futu Holding, which was originally planning to go public in Hong Kong on the same day, and UP Fintech Holding, which is listed in the US, have conducted cross-border securities businesses involving domestic investors without regulatory consent, contravening Chinese laws. The CSRC will...
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President Muhammadu Buhari says the Ajaokuta Steel Complex will generate $1.6 billion annually and provide 500,000 estimated jobs for Nigerian youths. Garba Shehu, the presidential spokesperson in a statement, said Mr Buhari stated this at the palace of the Ohinoyi of Ebiraland, which he also inaugurated as part of his one-day state visit in Okene...
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