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:
- Biden warns of US ‘cyber’ response after Ukraine says computers wiped during attack
January 20, 2022
US President Joe Biden responded forcefully to reports of a wide-ranging cyberattack on Ukrainian government systems Wednesday afternoon, telling reporters that the US would respond with its own cyberattacks if Russia continues to target Ukraine’s digital infrastructure. “The question is if it’s something significantly short of an…invasion or major military forces coming across,” Biden said in ...
- Biden signs cybersecurity memorandum for Defense Department, intelligence agencies
January 19, 2022
US President Joe Biden signed a memorandum on Tuesday concerning the cybersecurity of the Defense Department and the country’s intelligence agencies, sketching out exactly how an executive order he signed in May 2021 will be implemented. “This NSM requires that, at minimum, National Security Systems employ the same network cybersecurity measures as those required of federal ...
- Former DHS official charged with stealing govt employees’ PII
January 14, 2022
A former Department of Homeland Security acting inspector general pleaded guilty today to stealing confidential and proprietary software and sensitive databases from the US government containing employees’ personal identifying information (PII). 61-year-old Charles Kumar Edwards coordinated the scheme while working for DHS-OIG (Department of Homeland Security, Office of Inspector General) as an employee and acting IG ...
- Cyberattack shuts down Albuquerque schools; county copes with ransomware incident
January 13, 2022
School officials in Albuquerque, New Mexico have cancelled classes for Thursday and Friday due to a cyberattack. The shutdown took place just days after a ransomware attack hit government services across Bernalillo County. In a statement posted to the Albuquerque Public Schools (APS) website, officials said schools will remain closed “as the district continues to investigate ...
- Iranian intel cyber suite of malware uses open source tools
January 12, 2022
FORT MEADE, Md. – To better enable defense against malicious cyber actors, U.S. Cyber Command’s Cyber National Mission Force has identified and disclosed multiple open-source tools that Iranian intelligence actors are using in networks around the world. These actors, known as MuddyWater in industry, are part of groups conducting Iranian intelligence activities, and have been seen ...
- Maryland officials confirm ransomware attack shut down Department of Health
January 12, 2022
Maryland officials confirmed on Wednesday that state’s Department of Health is dealing with a devastating ransomware attack, which has left hospitals struggling amid a surge of COVID-19 cases. In a statement released on Wednesday, Maryland Chief Information Security Officer Chip Stewart said the attack began on December 4 and crippled their systems. “We have paid no extortion ...