Leading AI executives are secretly preparing for the fallout from a potential major disaster. The executives anticipate a large-scale event, most likely a cyberattack that shuts down access to financial services, internet connectivity, or even […]
Hedge funds are piling back into Big Tech at a pace not seen in three years. Hedge funds’ net exposure to the Magnificent 7 stocks has climbed to 22% of total US exposure, according to […]
Federal regulators are drawing a sharp line between casino-style gambling and event contracts in derivatives oversight. The Commodity Futures Trading Commission says it published an interim final rule codifying the exclusion of casino-style gambling products, […]
A former mail carrier in Indiana has admitted to stealing checks out of the U.S. mail as part of a $34 million bank fraud conspiracy that hit roughly 6,500 victims. The U.S. Attorney’s Office for […]
New York officials are securing millions in payments and a lifetime ban from the securities and cryptocurrency industries from a former crypto lending platform executive for defrauding investors. The New York Attorney General says Alex […]
Federal prosecutors have charged a Boston public official with wire fraud for allegedly submitting a fabricated application to obtain pandemic relief funds. Reuben Taylor, 40, of Boston, has agreed to plead guilty to one count […]
Federal prosecutors have secured a conviction against an Indian national for laundering proceeds from a massive call center scam that targeted elderly US victims. Bhavesh Kumar Thakkar, 45, was found guilty on two counts of […]
Ledger theft has hit $91 million, spanning nearly 500 addresses, and raises questions about the future of crypto self-custody. The Tron network is the hardest hit, with 276 victim addresses drained of about $64.5 million. […]
Binance is once again in the spotlight but not for the right reasons. As of the 10th of October, the U.S. Department of Justice (DOJ) has reportedly started investigating whether the crypto exchange violated the […]
A major health-tech firm has exposed the personal and medical data of nearly 20 million people after a hacker broke into outdated hospital servers. Oracle Health, which runs systems formerly operated by Cerner, confirmed that […]
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