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Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme – News Bytes Bitcoin News
United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such as ether, litecoin, and monero without authorization. Parks, who was arrested in Nebraska and faces up […]
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Industry urges air conditioner test run before summer scorcher | The Asahi Shimbun: Breaking News, Japan News and ...
With another blistering summer on the way, industry groups and government officials are calling on people to check their air conditioners now to make sure they work properly before the heat wave hits.
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Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury – News Bytes Bitcoin News
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks. The trial culminated in the jury’s decision in a federal courtroom subsequent to […]