President Donald Trump has pardoned Binance founder Changpeng Zhao, who pleaded guilty to a money laundering charge in 2023, the White House said Thursday.
White House press secretary Karoline Leavitt said in a statement that Trump “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.” The move could open the door for Binance, the world’s largest crypto exchange and the host of the Trump family’s crypto firm, to operate in the US again.
Read more…
Source: CNN News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- How Did the FBI Get a Tor User’s IP Address?
January 12, 2023
Polling the internet: what is the best way to de-anonymize a Tor user? Somebody over at the FBI definitely has a method, but they clearly aren’t planning on telling anybody anytime soon. Motherboard originally reported that the bureau has somehow managed to nab the IP address of an alleged criminal using Tor, short for “The Onion ...
- U.S. Federal Aviation Administration says flight personnel alert system not processing updates after outage
January 11, 2023
The U.S. Federal Aviation Administration’s (FAA) system that alerts pilots and other flight personnel about hazards or any changes to airport facility services and relevant procedures was not processing updated information, the civil aviation regulator’s website showed on Wednesday. In an advisory, the FAA said its NOTAM (Notice to Air Missions) system had “failed”. There was ...
- The US government is building an AI sandbox to tackle cybercrime
January 10, 2023
A joint effort between the Science and Technology Directorate (S&T) – housed within the Department of Homeland Security (DHS) – and the Cybersecurity and Infrastructure Security Agency (CISA), an AI sandbox will be designed for researchers to collaborate and test analytical approaches and techniques in combating cyber threats. CISA’s Advanced Analytics Platform for Machine Learning (CAP-M) ...
- A UN committee is struggling to define what cybercrime is in upcoming treaty
January 10, 2023
A United Nations committee – whose members include delegates from the U.S., China and Russia — is meeting throughout this week and next to continue negotiations for a new international cybercrime treaty. Why it matters: The finished UN cybercrime treaty will jumpstart a wave of new laws around the world based on the agreed-upon principles in ...
- Russian troll farms didn’t sway voters in 2016 election
January 9, 2023
A new in-depth study has concluded that the Russian government’s efforts to deploy troll farms on Twitter to sway the 2016 election did not have any measurable impact on the outcome of that race. The U.S. government has been largely united in its assessment that the Kremlin attempted to use online proxies and false internet personas ...
- Iowa’s largest city cancels classes due to cyber attack
January 9, 2023
Iowa’s largest school district cancelled classes for Tuesday after determining there was a cyber attack on its technology network. Des Moines Public Schools announced Monday that classes would be cancelled for its 33,000 students after being “alerted to a cyber security incident on its technology network.” The district said in a news release that it took its ...