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mayj27150

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“The gravity of the criminal acts, the place of execution, the order of submission of the request, the citizenship of the requested person, the possibility of further extradition to another country, as well as other circumstances,” the Ministry of Justice said.
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Two US Republican Party lawmakers are calling on the Treasury Department to provide answers to how a Chinese state-sponsored entity hacked and accessed employee workstations.
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In the Dec. 31 letter to Treasury Secretary Janet Yellen obtained by Law360, Senator Tim Scott, a member of the Senate Banking Committee, and Representative French Hill, the House Financial Services Committee vice chair, asked for a full congressional briefing on the breach by Jan. 10.
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Scott and Hill want the briefing to cover the information accessed by the hackers, specific details on how it occurred and steps the Treasury has taken to ensure that similar incidents don’t happen in the future, adding:
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“As you know, Treasury maintains some of the most highly sensitive information on US persons throughout government, including tax information, business beneficial ownership, and suspicious activity reports,” they said.
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The sectors said this information should be a priority to protect from theft or surveillance by foreign adversaries who might seek to harm the US.
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“As such, the fact that a CCP [Chinese Communist Party]-sponsored APT [advanced persistent threat] actor was able to access Treasury’s information systems is unacceptable and raises serious questions about the protocols for safeguarding sensitive federal government information from future cybersecurity incidents,” the lawmakers added.
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An unidentified threat actor breached employee workstations at the Treasury on Dec. 2, 2024, gaining access to certain “unclassified” documents.
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Treasury officials told lawmakers in a Dec. 30 letter that the incident has been attributed to a Chinese state-sponsored APT actor.
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The department said it would provide more details in a supplemental report in 30 days, as required under the Federal Information Security Modernization Act.
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The department said it would provide more details in a supplemental report in 30 days, as required under the Federal Information Security Modernization Act.
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Copper withdrew its application to register with the UK’s Financial Conduct Authority on Dec. 20, saying it will shift focus to foreign hubs under its new CEO, the firm confirmed to Cointelegraph on Friday.
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Chaired by former UK Chancellor of the Exchequer Philip Hammond, Copper is one of the largest crypto businesses in the UK and has reportedly received millions in investment from Barclays.
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Copper reportedly failed to secure a permanent UK registration when the FCA updated its register of crypto asset businesses in 2022.
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“Refining Copper’s global growth strategy has been my priority since joining, and this has necessitated key decisions on our direction and approach,” Kuchinad said in a statement on Copper’s UK license application withdrawal.
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Despite the withdrawal, Copper continues to see Europe as one of its key markets alongside the US and the Middle East, Kuchinad noted, adding:
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The regulator said it only approved four out of 35 applications for cryptocurrency firm registration in the past year, with 15 applications withdrawn and nine rejected.
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He argued the opinion “most obviously impacts” his charge of conspiring to violate the International Emergency Economic Powers Act (IEEPA), a law central to the US sanctions apparatus, as the appeals court found the smart contracts “are not the ‘property’ of a foreign national or entity,” meaning they “cannot be blocked” under the law.
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