Feed Items
The U.S. Department of Justice says an insider at a major US bank fueled a billion-dollar fraud scheme that stole the identities of over a million Americans.
The DOJ says 36-year-old Renat Abramov, a dual citizen of the United States and Azerbaijan, has admitted to abusing his position as a relationship manager to open fraudulent accounts on behalf of a massive criminal enterprise.
According to...
The U.S. Securities and Exchange Commission (SEC) is accusing a California entrepreneur and his companies of executing a multi-million dollar Ponzi scheme.
The SEC says Satish Appalakutty and his businesses, Lorven Funds and Lorven Advisors LLC, drained $37 million from over 100 people.
Prosecutors say that between the start of 2019 through March 2024, Appalakutty solicited people from a Hindu...
The owner of the dark web marketplace Incognito Market has been sentenced to 30 years in federal prison for running what prosecutors describe as one of the world’s largest online narcotics platforms.
Rui-Siang Lin, who operated under the alias “Pharaoh,” pleaded guilty in late 2024 to conspiring to distribute drugs, money laundering and selling adulterated and misbranded medication.
U.S. District...
A US lender is warning more than 100,000 users that their personal information is at risk after a third-party data breach.
New filings with Maine’s Attorney General show members of Illinois-based MidAmerica Credit Union (MACU) are affected by a cyberattack that hit Marquis Software Solutions, a vendor of MACU.
In total, 131,070 people are impacted.
“On or about August 14, 2025, MACU was informed...
Google is preparing to pay $135 million to end a lawsuit claiming its Android software transferred users’ data without permission.
The class action lawsuit alleges the Android operating system quietly initiated data transfers over cell networks even when devices were not in use.
Plaintiffs say the transfers violated consumer privacy rights and forced users to unwittingly use cell data that they...
A US bank is preparing to hand thousands of dollars to customers after a network breach placed their sensitive data at risk.
American National Bank...
February 6th, 2026 – Palo Alto, CA
ZenO opens access to egocentric audio, video, and image data captured from smart glasses and smartphones to support the next generation of physical AI systems.
ZenO today announced the launch of its public beta, opening access to a new platform designed to collect, anonymize, and structure real-world, first-person data for training physical AI systems...
BRICS nation China is pouring paper money into gold at a relentless rate, according to a new report.
China added one ton of gold to its reserves in December, worth approximately $178.98 million at current prices, reports the World Gold Council.
Gold is trading at $5,074 an ounce at time of writing.
China’s gold purchases in December amounted to about 5% of the total gold acquired by all the world...
Galaxy Digital founder and CEO Mike Novogratz says Bitcoin (BTC) may be approaching a market bottom.
Speaking on Bloomberg Television, Novogratz says Bitcoin’s drop to around $76,000 reflects selling pressure at the margin rather than a collapse in institutional interest.
He says that while new institutions continue to enter the market, prices are still set by incremental buyers and sellers.
“I...
The billionaire founder of hedge fund giant Citadel, Ken Griffin, is issuing a warning on America’s financial health as the US national debt approaches $39 trillion.
According to the U.S. Treasury Department’s Debt to the Penny dataset, the US national debt just reached $38.56 trillion, an increase of around $2.3 trillion in just one year.
Amid the ballooning national debt, Griffin tells the Wall...