sophi98brown

@sophi98brown

199 Following

223 Followers

temma9613 pfp

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:

0 reply

11 recasts

9 reactions

isabella7tt1 pfp

“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.

0 reply

11 recasts

8 reactions

sophiaadaalex pfp

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.

0 reply

10 recasts

7 reactions

davisamelia03741 pfp

davisamelia03741

@davisamelia03741

“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.

0 reply

10 recasts

6 reactions

alexanderjones pfp

@alexanderjones

An unidentified threat actor breached employee workstations at the Treasury on Dec. 2, 2024, gaining access to certain “unclassified” documents.

0 reply

11 recasts

5 reactions

wilson1239ava pfp

Treasury officials told lawmakers in a Dec. 30 letter that the incident has been attributed to a Chinese state-sponsored APT actor.

0 reply

10 recasts

6 reactions

mayj27150 pfp

The department said it would provide more details in a supplemental report in 30 days, as required under the Federal Information Security Modernization Act.

0 reply

11 recasts

5 reactions

angussmith4367 pfp

@angussmith4367

China has denied responsibility for the attack, telling Reuters it “firmly opposes the US’s smear attacks against China without any factual basis.”

0 reply

11 recasts

4 reactions

austinemma9109 pfp

@austinemma9109

Stuart Hoegner, general counsel of Tether and Bitfinex, has retired from his role as legal chief at the two firms and will be replaced by Michael Hilliard, who has been working alongside Hoegner for several years.

0 reply

12 recasts

5 reactions

sophi98brown pfp

In a Jan. 2 statement shared with Cointelegraph, Tether wrote that Hoegner had retired and would be replaced as general counsel by Tether’s current legal counsel.

0 reply

11 recasts

5 reactions

sophi98brown pfp

In a Jan. 2 statement shared with Cointelegraph, Tether wrote that Hoegner had retired and would be replaced as general counsel by Tether’s current legal counsel.

0 reply

11 recasts

5 reactions

r28890666 pfp

Buckle…no, lawyer up for 2025. Expect stronger Anti-Money Laundering rules, more defined stablecoin governance and deeper cross-border regulatory cooperation.

0 reply

2 recasts

13 reactions

carrie6084 pfp

0 reply

10 recasts

14 reactions

thomasannie658 pfp

@thomasannie658

While some international media outlets reported that salaries can now be paid entirely in Bitcoin and crypto, such interpretations misread the ruling. The judgment did not redefine wage laws; it merely recognized crypto tokens as a valid form of bonus payment within a specific employment contract.

0 reply

8 recasts

14 reactions

c86749998 pfp

As always, the public is urged to rely on official government sources for accurate information rather than sensationalized social media posts.

0 reply

9 recasts

15 reactions

wilsongillian959 pfp

wilsongillian959

@wilsongillian959

0 reply

9 recasts

15 reactions

jolinejones90 pfp

Ripple obtained in-principle approval from the Dubai Financial Services Authority within the DIFC. Meanwhile, in the ADGM, prominent companies such as Blockdaemon, Circle, Paxos and eToro made significant expansions or relocations, attracted by the region’s clarity and business-friendly climate. Tether’s USDt was listed as an accepted token in ADGM.

0 reply

10 recasts

15 reactions

b85599842 pfp

As 2024 draws to a close, the shape of the future is becoming more apparent. In the US, all eyes are on the incoming Bitcoin strategic reserve. Europe’s MiCA framework may tighten further, pushing more companies out of the EU.

0 reply

9 recasts

14 reactions

jodie9801230 pfp

Within the UAE, the trend is toward more granular rules for token issuance, stablecoins and decentralized finance platforms. However, despite tighter regulations, the UAE is expected to attract even more global players.

0 reply

8 recasts

15 reactions

r28890666 pfp

Cathie Wood, founder of ARK Investment Management LLC, predicts a surge in mergers and acquisitions (M&A) will follow Donald Trump’s election and expects it to “support innovative strategies.”

0 reply

8 recasts

16 reactions