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:
- Intruders at HealthEquity rifled through storage, stole 4.3M people’s data
July 29, 2024
HealthEquity, a US fintech firm for the healthcare sector, admits that a “data security event” it discovered at the end of June hit the data of a substantial 4.3 million individuals. Stolen details include addresses, telephone numbers and payment data.… The incident began in March but was only detected in June. The company said in a ...
- Millions more victims exposed in debt collection agency data breach
July 29, 2024
It seems that the data breach at the debt collection agency Financial Business and Consumer Solutions (FBCS) was a lot bigger than initially thought. After first reporting some 1.9 million victims, the company now says that more than 4.2 million were actually affected. In late April, it was reported that FBCS suffered a cyberattack two months ...
- Georgia: Columbus hit by data breach, officials say not considered ransomware incident
July 29, 2024
Columbus experienced a data breach last Wednesday, the same day as an internet outage, city officials say. The only information believed to have been accessed are employees’ names, work emails and passwords, according to Mike Richardson, the city’s director of security and risk. He said no employee’s personal financial information was compromised. All employee passwords were ...
- Pentagon contractor Leidos hit by data breach Internal documents leaked on cybercrime forum
July 25, 2024
Hackers have reportedly leaked internal documents stolen from Leidos Holdings Inc., a company with a significant contract portfolio including the US Defense Department, Homeland Security, and NASA. A person with knowledge of the matter told Bloomberg News that the company believes the documents leaked by hackers were stolen during a previously disclosed breach at Diligent Corporation. ...
- Data breach exposes US spyware maker behind Windows, Mac, Android and Chromebook malware
July 25, 2024
A little-known spyware maker based in Minnesota has been hacked, TechCrunch has learned, revealing thousands of devices around the world under its stealthy remote surveillance. A person with knowledge of the breach provided TechCrunch with a cache of files taken from the company’s servers containing detailed device activity logs from the phones, tablets, and computers that ...
- Cyberattack closes Jefferson County Clerk’s Office, all motor vehicle branches
July 24, 2024
A cyber attack forced the Jefferson County Clerk’s Office to close its eight branches this week. The attack was first discovered at 2:24 a.m. Monday, said Ashley Tinius, a spokesperson for the office. The office has been working with a private cybersecurity firm and law enforcement to investigate the attack and repair its system, Tinius said. ...