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Tag: US Department of Justice

Tornado Cash developer gets help in court from blockchain advocacy groups

Three blockchain advocacy groups have filed amicus curiae briefs on April 5 to defend Tornado Cash developer Roman Storm from criminal charges in the...

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Binance Recovers $4.4 Billion in Digital Assets for Users Amid Deposit Errors

Binance has successfully retrieved $4.4 billion worth of digital assets for its users who made errors in their deposits over the past two years. Various...

Chainalysis Exposes Southeast Asia’s Human Trafficking and Scam Nexus

Chainalysis reveals the intertwining of human trafficking with crypto scams in Southeast Asia, highlighting the urgency to combat these digital age crimes. The blockchain...

Hubris May Have Contributed to Downfall of Ransomware Kingpin LockBit

For all its vaunted success, the LockBit ransomware operation appears to have already been beset by problems when an international law enforcement effort led...

The Future of Binance Under Richard Teng

After losing their founder and CEO and paying the largest fine in crypto history, Binance has started a new chapter of operations. But what...

US DOJ Indicts Three Individuals Involved in $1.89 Billion Crypto Fraud Scheme

The US Department of Justice (DOJ) has brought charges against three people for defrauding investors of nearly $2 billion. According to the DOJ, the individuals...

Cruise being investigated over robotaxi crash

AI in brief The US Department of Justice and Securities Exchange Commission are both launching investigations into the Cruise accident that hit a woman...

FAA lifts MAX 9 ban but puts Boeing on notice

Boeing’s grounded 737 MAX 9s are set to be back in the air within days after the FAA approved a new inspection process for...

FAA says MAX door incident ‘should never have happened’

The FAA has launched a formal investigation to determine if Boeing is to blame for last week’s incident that saw a door blow off...

North Korean Crypto Thefts in 2023: A $700 Million Cyber Menace

In 2023, the cryptocurrency world was shaken by a startling revelation from TRM Labs, a blockchain intelligence firm. The report indicated that groups linked...

Artificial intelligence is a liability

Comment Artificial intelligence, meaning large foundational models that predict text and can categorize images and speech, looks more like a liability than an asset. So...

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