Former South Korea Lawmaker Sentenced for Hiding $6.8 Million in Undisclosed Crypto Holdings
Former South Korean lawmaker Kim Nam-guk was sentenced to six months in prison for hiding $6.8 million in cryptocurrency during financial disclosures.
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Former South Korean lawmaker Kim Nam-guk was sentenced to six months in prison for hiding $6.8 million in cryptocurrency during financial disclosures.
A Singaporean student lost $5,000 in seconds after connecting his crypto wallet to a phishing website he found through a fake Google ad. He has shared his story on TikTok to warn others about the dangers of online scams.
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Luxury brands and businesses like Printemps, S.T. Dupont, and Virgin Voyages are now accepting Bitcoin as payment, driven by its record value of over $108,000. This shift highlights growing interest in cryptocurrency for high-end purchases despite challenges like consumer education and regulatory barriers.
Italy’s privacy regulator has mandated OpenAI to run a six-month campaign to educate users on ChatGPT’s data collection practices, following an investigation into its AI model.
Japan's Fair Trade Commission plans to issue a cease-and-desist order against Google for using its market dominance to stifle competition. The investigation focuses on claims that Google forced manufacturers to pre-install its apps and excluded rivals through revenue-sharing deals.
Barefoot Investor Scott Pape exposed crypto scammers using his identity to deceive followers. Instead of waiting for Facebook to act, he engaged directly with the fraudsters, uncovering tactics like a fake "professor" promoting bogus trading signals to dupe investors.
South Korea and the U.S. have joined forces to develop technologies to prevent cryptocurrency theft, especially targeting North Korean hackers responsible for large-scale heists. The partnership includes research, tracking stolen assets, and tightening sanctions against networks aiding cybercrimes.
Singapore has become a top crypto hub in 2024 by issuing more licenses and offering clear, supportive regulations, attracting major global players. In contrast, Hong Kong faces delays and restrictive policies, causing challenges for its crypto industry.
Are North Korean hackers targeting Hyperliquid? While researchers suggest so, Hyperliquid Labs denies any exploit, assuring funds are secure as the HYPE token recovers. Are community fears justified?