Indictment Issued for Hacker Behind ‘Bulletproof’ Lolekhosted Ransomware

FBI Director Christopher Wray testified before the House Judiciary Committee on the alleged politicization of law enforcement and the oversight of the Federal Bureau of Investigation. This hearing took place on Capitol Hill in Washington, D.C. on July 12, 2023 (source: Reuters, Jonathan Ernst). In an announcement made on Thursday, federal prosecutors revealed that the …

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Biden’s Executive Order on Chinese A.I. Investments Symbolizes a ‘New Epoch’

US President Joe Biden delivered a speech on the impact of “Bidenomics” on clean energy and manufacturing at Arcosa Wind Towers in Belen, New Mexico, on August 9, 2023. This event marked a significant development in the Biden administration’s efforts to restrict private equity and venture capital investments in Chinese technology. The executive order signed …

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Social media startup IRL faces a legal battle as Softbank files lawsuit, claiming false user statistics

During a recent earnings presentation, SoftBank Founder Masayoshi Son (pictured here in 2019) stated that the company will adopt a “defense” strategy due to numerous challenges that have disrupted global markets. Tomohiro Ohsumi | Getty Images Softbank’s Vision Fund filed a lawsuit against the founders of one of its portfolio companies on Monday, accusing them …

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Former Mozambique minister denied bail in $2 billion ‘tuna bond’ scandal

Former Mozambique finance minister, Manuel Chang, has been ruled a flight risk and must remain in custody during the trial for his involvement in the “tuna bond” scandal. The scandal resulted in Mozambique’s bankruptcy and led Credit Suisse to pay substantial penalties. Despite hoping for bail after spending nearly five years in prison in South …

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Revelation of Names of Bail Bond Guarantors: Meet George Santos

U.S. Representative George Santos leaves the U.S. District Court for the Eastern District of New York in Central Islip, New York, on May 10, 2023. Photograph by Barry Williams | New York Daily News | Getty Images The concealed identities of Republican Representative George Santos’ bail backers in his federal criminal case will be disclosed …

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