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wilson1239ava

@wilson1239ava

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isabella819jones
@isabella819jones
On Dec. 27, Montenegrin Justice Minister Bojan Bozovic finally approved Kwon’s extradition to the United States.
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chsmith07201
@chsmith07201
“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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ellaevans51771
@ellaevans51771
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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9amelia87
@9amelia87
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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temma9613
@temma9613
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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isabella7tt1
@isabella7tt1
“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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sophiaadaalex
@sophiaadaalex
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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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.
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alexanderjones
@alexanderjones
An unidentified threat actor breached employee workstations at the Treasury on Dec. 2, 2024, gaining access to certain “unclassified” documents.
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wilson1239ava
@wilson1239ava
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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wilson1239ava
@wilson1239ava
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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charlottedavis
@charlottedavis
According to the ARK Investment CEO, Trump’s administration will likely create a more business-friendly environment, benefiting venture-backed startups seeking acquisition opportunities.
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alexanderjones
@alexanderjones
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wilson1239ava
@wilson1239ava
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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wilson1239ava
@wilson1239ava
Storm said in a Dec. 18 motion in a Manhattan district court that an opinion last month from the Fifth Circuit Appeals Court on a separate case finding the Treasury’s Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning Tornado Cash’s smart contracts “makes clear that all three counts of the indictment are fatally and legally flawed.”
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wilson1239ava
@wilson1239ava
Roman Storm, the co-founder of crypto mixing platform Tornado Cash, told a United States federal judge that his criminal charges should be dropped after an appeals court found sanctions against the platform’s smart contracts were unlawful.
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wilson1239ava
@wilson1239ava
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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wilson1239ava
@wilson1239ava
Storm said in a Dec. 18 motion in a Manhattan district court that an opinion last month from the Fifth Circuit Appeals Court on a separate case finding the Treasury’s Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning Tornado Cash’s smart contracts “makes clear that all three counts of the indictment are fatally and legally flawed.”
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wilson1239ava
@wilson1239ava
Roman Storm, the co-founder of crypto mixing platform Tornado Cash, told a United States federal judge that his criminal charges should be dropped after an appeals court found sanctions against the platform’s smart contracts were unlawful.
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wilson1239ava
@wilson1239ava
Byte Federal, one of the biggest Bitcoin ATM operators in the United States, suffered a major data breach that potentially affected 58,000 customers.
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