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:
- Upper Michigan: Cyber attack hits Sault Tribe offices
February 13, 2025
A ransomware attack that shut down gaming at all five Kewadin Casino locations also impacted other offices at an eastern Upper Peninsula tribe. The tribe made the announcement Monday and said it could be a week or more before regular operations can resume. “On Sunday morning, the Sault Ste. Marie Tribe of Chippewa Indians suffered a ...
- Paris AI summit: Why won’t US, UK sign global artificial intelligence pact?
February 12, 2025
The United States and United Kingdom have refused to sign an Artificial Intelligence Action Summit declaration calling for policies “ensuring AI is open, inclusive, transparent, ethical, safe, secure and trustworthy”. The summit in Paris on Monday and Tuesday brought together representatives from more than 100 countries to discuss how to reach a consensus on guiding the ...
- US, UK crack down on Russian bulletproof hosting service ZServers for LockBit partnership
February 12, 2025
Russia-based bulletproof hosting services provider (BPH) ZServers has been sanctioned by the United States, Australia, and the United Kingdom for its alleged involvement with the LockBit ransomware group. In a press release, the Australian Federal Police (AFP) said ZServers was providing services to threat actors responsible for the Medibank Private breach that happened in October 2022. ...
- Thai-Swiss-US Operation Nets Hackers Behind 1,000+ Cyber Attacks
February 10, 2025
Thai police arrested four European hackers in Phuket who allegedly stole $16 million through ransomware attacks affecting over 1,000 victims worldwide. The suspects, wanted by Swiss and US authorities, were caught in coordinated raids across four locations. Officers from Cyber Crime Investigation Bureau, led by Police Lieutenant General Trairong Phiwphan, conducted “Operation PHOBOS AETOR” in Phuket ...
- Trump ends Biden’s security clearances, intelligence briefings
February 7, 2025
U.S. President Donald Trump on Friday said he was revoking former President Joe Biden’s security clearances and stopping his daily intelligence briefings as there was no need for his predecessor to receive classified information. In a post on Truth Social, Trump referenced a report by Special Counsel Robert Hur that described Biden last year as a ...
- Google Lifts Self-Imposed Ban on Using AI for Weapons and Surveillance
February 5, 2025
Google dropped a pledge not to use artificial intelligence for weapons and surveillance systems on Tuesday. And it’s just the latest sign that Big Tech is no longer concerned with the potential blowback that can come when consumer-facing tech companies get big, lucrative contracts to develop police surveillance tools and weapons of war. Google came under ...