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Most criminal cryptocurrency is funneled through just 5 exchanges

A few big players are moving a “shocking” amount of currency in a tight market. Enlarge (credit: Eugene Mymrin/Getty Images) For years, the cryptocurrency economy has been rife with black market sales, theft, ranso.....»»

Category: topSource:  theglobeandmailJan 28th, 2023

Sam Bankman-Fried begins testifying in risky bid to beat FTX fraud charges

SBF said he thought loans were legal but didn't fully read FTX terms of service. Enlarge / FTX Founder Sam Bankman-Fried arrives at US District Court on March 30, 2023, in New York City after being hit with a criminal charge for.....»»

Category: topSource:  arstechnicaRelated NewsOct 26th, 2023

COVID-19-related jail decarceration did not affect crime in California, study suggests

Since 2011, California has significantly reformed its criminal justice system, reducing the size of its prison population, with no effect on violent crime and only marginal impacts on property crime statewide. The COVID-19 pandemic furthered decarcer.....»»

Category: topSource:  marketingvoxRelated NewsOct 20th, 2023

Rapper Pras’ lawyer used AI to defend him in criminal case—it did not go well

Pras seeks new trial, says lawyer had "undisclosed financial stake" in AI tool. Enlarge / Pras Michel performs during the Roots Picnic at The Mann on June 3, 2023, in Philadelphia. (credit: Getty Images | Taylor Hill ).....»»

Category: topSource:  theglobeandmailRelated NewsOct 18th, 2023

Study shows forensic evidence can survive underwater for weeks

Forensic fibers can survive underwater for much longer than previously thought—which could help criminal investigators uncover vital evidence......»»

Category: topSource:  physorgRelated NewsOct 16th, 2023

Fake Bitcoin ETF news pumps price to $30,000

Fake reports about the SEC approving the iShares Bitcoin ETF spread online and spiked prices on crypto exchanges. On Monday morning, Bitcoin quickly spiked thousands of dollars, hitting as high as $30,000 on some cryptocurrency exchanges.Why? B.....»»

Category: topSource:  mashableRelated NewsOct 16th, 2023

Bankman-Fried didn’t believe in rules like “don’t steal,” star witness says

Highlights from Caroline Ellison testimony in Sam Bankman-Fried's criminal trial. Enlarge / Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at US District Court on August 11, 2023, in New York City. (credit: Getty Ima.....»»

Category: topSource:  arstechnicaRelated NewsOct 13th, 2023

SBF’s dream of being US president and other weird anecdotes from FTX trial

Highlights from Caroline Ellison testimony in Sam Bankman-Fried's criminal trial. Enlarge / Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at US District Court on August 11, 2023, in New York City. (credit: Getty Ima.....»»

Category: topSource:  arstechnicaRelated NewsOct 13th, 2023

FTX thief cashes out millions during Bankman-Fried trial

Chunks of the stolen $470m in cryptocurrency have been laundered every day since the trial began......»»

Category: hdrSource:  bbcRelated NewsOct 12th, 2023

“€25m Profit” Pirate IPTV Group Dismantled, 10 Arrested, 12 Vehicles Seized

Greek police say they have dismantled a criminal organization behind an illegal IPTV operation that caused broadcasters over €100m in losses. Over eight years it's alleged the operators generated over €25 million in profits, laundered money throu.....»»

Category: internetSource:  torrentfreakRelated NewsOct 9th, 2023

The 3 Key Battle Lines in Sam Bankman-Fried’s Trial

Here are three areas of contention that will be central to Sam Bankman-Fried's trial as it plays out over the next month. On Oct. 4, the long-awaited criminal trial of FTX founder Sam Bankman-Fried finally began in earnest after 12.....»»

Category: topSource:  timeRelated NewsOct 9th, 2023

SBF trial to begin as judge says he faces “very long sentence” if convicted

Jury selection tomorrow; seven criminal charges with max sentence of 110 years. Enlarge / Former FTX CEO Sam Bankman-Fried arrives for a bail revocation hearing at US District Court on August 11, 2023, in New York City. (credit:.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2023

NHTSA upgrades, expands Ford Bronco probe into ‘catastrophic engine failure"

NHTSA's Office of Defects Investigation upgraded the investigation to an engineering analysis after Ford provided evidence of 328 customer complaints, 487 warranty claims and 809 engine exchanges in 2021-22 Ford Bronco, Edge, Explorer and F-150 vehic.....»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2023

Financial crime compliance costs exceed $206 billion

The growing complexity of compliance regulations and ever-evolving criminal methodologies are a major difficulty for financial institutions, according to LexisNexis Risk Solutions. Global financial crime compliance costs for financial institutions ex.....»»

Category: securitySource:  netsecurityRelated NewsSep 29th, 2023

How CEO lies can boost stock ratings and fool even respected financial analysts

The multibillion-dollar collapse of FTX—the high-profile cryptocurrency exchange whose founder now awaits trial on fraud charges—serves as a stark reminder of the perils of deception in the financial world......»»

Category: topSource:  physorgRelated NewsSep 27th, 2023

Researchers develop biodegradable optical fiber to measure or modulate electrical current in the body

Electrical signals control a vast number of activities in the human body, from exchanges of messages between brain neurons and stimulation of the heart muscle to the impulses that enable hands and feet to move, among many other examples. To monitor o.....»»

Category: topSource:  physorgRelated NewsSep 20th, 2023

Rising number of "predatory" academic journals undermines research and public trust in scholarship

Taxpayers fund a lot of university research in the U.S., and these findings published in scholarly journals often produce major breakthroughs in medicine, vehicle safety, food safety, criminal justice, human rights and other topics that benefit the p.....»»

Category: topSource:  physorgRelated NewsSep 19th, 2023

Incarceration results in drops in short-term economic activity, but has limited long run impacts

The U.S. criminal justice system has expanded considerably since the 1970s. At the same time, male employment rates have dropped and racial earnings inequality has grown. Former inmates perform worse in the labor market than those who have not been i.....»»

Category: topSource:  physorgRelated NewsSep 11th, 2023

The International Criminal Court will now prosecute cyberwar crimes

Russia’s cyberattacks against civilian infrastructure in Ukraine may be the first case. Enlarge / Karim Khan speaks at Colombia's Special Jurisdiction for Peace during the visit of the Prosecutor of the International Criminal.....»»

Category: topSource:  arstechnicaRelated NewsSep 8th, 2023

qBittorrent Web UI Exploited to Mine Cryptocurrency: Here’s How to Fix

qBittorrent Web UI Exploited to Mine Cryptocurrency: Here’s How to Fix.....»»

Category: topSource:  theglobeandmailRelated NewsSep 7th, 2023

Too many young people who"ve been in detention die prematurely. They deserve better, say researchers

Young people in contact with the criminal justice system—be it under community-based orders or in youth detention—are among the most marginalized in our society. And the health and health-care disadvantage faced by these young people may be evide.....»»

Category: topSource:  physorgRelated NewsAug 31st, 2023