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:
- FBI Claws Back Millions of DarkSide’s Ransom Profits
June 7, 2021
United States law enforcement has clawed back approximately $2.3 million of the ransom allegedly paid to DarkSide by Colonial Pipeline last month, the Department of Justice (DOJ) and FBI announced in a joint press conference on Monday. “Today we turned the tables on DarkSide,” FBI Deputy Director Paul Abbate said in live-streamed remarks. They seized the money ...
- REvil Ransomware Gang Spill Details on US Attacks
June 4, 2021
Cybercriminals behind the JBS Foods ransomware attack claim they had no intent to target United States-based firms. The group, identified as the Sodinokibi REvil ransomware gang, also said it was not afraid of being labeled a cyber-terrorist group. A spokesperson for REvil shared its positions in an interview on a YouTube and Telegram channel called Russian ...
- UF Health Florida hospitals back to pen and paper after cyberattack
June 3, 2021
UF Health Central Florida has suffered a reported ransomware attack that forced two hospitals to shut down portions of their IT network. The University of Florida Health, also known as UF Health, is a healthcare network of hospitals and physician practices that provide care to countries throughout Florida. Read more… Source: Bleeping Computer
- US seizes domains used by APT29 in recent USAID phishing attacks
June 1, 2021
The US Department of Justice has seized two Internet domains used in recent phishing attacks impersonating the U.S. Agency for International Development (USAID) to distribute malware and gain access to internal networks. The two domains seized by the DOJ are theyardservicecom and were used to receive data exfiltrated from victims of the targeted phishing ...
- U.S. Critical Infrastructure: Addressing Cyber Threats and the Importance of Prevention
May 31, 2021
The critical infrastructure of the United States includes all those systems and assets that are essential to the proper functioning, economy, health, and safety of American society. The roads and railways that we travel on; the Internet and the mobile networks that connect us; the water that we drink; the healthcare, financial services and security ...
- JBS USA cyber attack affecting North American and Australian systems
May 31, 2021
United States-based food processing company JBS USA has confirmed falling victim to a cyber attack, with the aftermath affecting its North American and Australian systems. “On Sunday, May 30, JBS USA determined that it was the target of an organised cybersecurity attack, affecting some of the servers supporting its North American and Australian IT systems,” it ...