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:
- An American Company Fears Its Windows Hacks Helped India Spy On China And Pakistan
September 17, 2021
Earlier this year, researchers at Russian cybersecurity firm Kaspersky witnessed a cyberespionage campaign targeting Microsoft Windows PCs at government and telecom entities in China and Pakistan. They began in June 2020 and continued through to April 2021. What piqued the researchers’ interest was the hacking software used by the digital spies, whom Kaspersky had dubbed ...
- Attackers Impersonate DoT in Two-Day Phishing Scam
September 15, 2021
Threat actors impersonated the U.S. Department of Transportation (USDOT) in a two-day phishing campaign that used a combination of tactics – including creating new domains that mimic federal sites so as to appear to be legitimate – to evade security detections. Between Aug. 16-18, researchers at e-mail security provider INKY detected 41 phishing emails dangling the ...
- Australia, UK, and US form trilateral pact focused on security in Indo-Pacific
September 15, 2021
Australia, the UK, and the US are setting up a trilateral partnership aimed at addressing defence and security concerns in the Indo-Pacific region. The security partnership, called AUKUS, will look to promote deeper information and technology sharing between the three governments, with Australian Prime Minister Scott Morrison saying the new security partnership would enhance existing networks ...
- Ukrainian man extradited to the US to face botnet, data theft charges
September 10, 2021
A Ukrainian man was arrested in Poland and extradited to the US to face charges as an alleged botnet operator. The US Department of Justice (DoJ) said this week that Glib Oleksandr Ivanov-Tolpintsev was taken into custody in Korczowa, Poland, on October 3 last year. As the US and Poland have an extradition treaty, the 28-year-old was ...
- Virginia National Guard confirms cyberattack hit Virginia Defense Force email accounts
September 9, 2021
Email accounts connected to the Virginia Defense Force and the Virginia Department of Military Affairs were impacted by a cyberattack in July, according to a spokesperson from the Virginia National Guard. A. A. Puryear, chief of public affairs for the Virginia National Guard, told ZDNet that the organization was notified in July about a possible cyber ...
- Ransomware Awareness for Holidays and Weekends
August 31, 2021
CISA and the FBI have released an advisory warning of potential cyberattacks that may occur over the coming Labor Day weekend, noting that in recent years hackers have launched dozens of devastating attacks on long weekends. They urged organizations to take steps to secure their systems, reduce their exposure and potentially “engage in preemptive threat hunting ...