• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 7th - US President Trump tweeted: "We need more competition to fight our enemies—the national television networks that spread fake news. Facilitating a good deal like Nexstar-Tegna will help combat fake news because it will bring more, higher-level, and more sophisticated competition. Those who oppose it dont fully understand the benefits for them, but they will in the future. Get this deal done!"February 7th - Ukrainian President Volodymyr Zelenskyy posted a message on the 7th local time, stating that he received a briefing from the Ukrainian negotiating team following their talks with the US and Russia. The Ukrainian negotiating team provided him with a detailed overview of the progress of the negotiations. He stated that Ukraine needs to achieve substantial results, and one of the most important foundations for a peaceful resolution is effective security guarantees.February 7th - While the control dispute at Nexperia remains unresolved, another Chinese acquisition of a British chip company is attracting increasing attention. February 7th was the deadline set by the UK government for the mandatory sale of the FTDI acquisition, subject to national security review. This overseas acquisition by China, completed in 2021, is now entering its final countdown to mandatory sale. Back in November 2024, the UK government formally notified the Chinese consortium that it must transfer all its shares in Future Technology Devices International Limited (FTDI), a UK USB bridge chip company, by the stipulated time. The UK cited the National Security and Investments Act (NSIA), which came into effect in 2022, citing "potential threats to national security." An industry insider stated that the Chinese consortium has been trying to secure more time. The latest extension application is still awaiting a response from the UK, and based on past experience, there is still a certain probability of the extension being approved.February 7th - It was learned from the Ministry of Water Resources that, in order to further improve the construction, operation, and management mechanisms of major water conservancy projects, the Ministry of Water Resources and the National Development and Reform Commission recently issued the "Implementation Opinions on Improving the Construction, Operation, and Management Mechanisms of Major Water Conservancy Projects." Major water conservancy projects are important infrastructure for promoting high-quality economic and social development, playing a crucial supporting role in ensuring flood control, water supply, food security, and ecological security. The opinions are divided into four parts: general requirements, improving the high-quality construction mechanism, improving the high-level operation mechanism, and improving the high-efficiency management mechanism. The opinions require that, focusing on the national water network construction goals of "complete systems, safety and reliability, intensive and efficient, green and intelligent, smooth circulation, and orderly regulation," the government should guide and the market should participate, coordinating "hard investment" and "soft construction," improving the construction and operation mechanism of projects with clear responsibilities, diversified investment, and a focus on both quality and efficiency, and forming a comprehensive, data-driven, and efficient management and guarantee system to achieve high-quality construction, high-level operation, and high-efficiency management of major water conservancy projects.Algeria plans to cancel its air services agreement with the United Arab Emirates.

Major cryptocurrency cases probed by U.S. authorities

Skylar Shaw

Dec 15, 2022 15:17


The allegations made by US authorities against Sam Bankman-Fried, the creator of the cryptocurrency exchange FTX, on Tuesday were some of the most well-known ones ever made against a participant in the industry. It was the most recent of many instances involving digital assets that American authorities and prosecutors are investigating.


A list of some of those civil and criminal cases, together with their verdicts, is provided below:

Bitfinex Hack 

A husband-and-wife duo was charged by the US Justice Department in February with conspiring to launder 119,754 bitcoin that had been stolen in 2016 when a hacker got into the digital currency exchange Bitfinex and started more than 2,000 unlawful transactions. According to court documents, the two are in discussions with prosecutors regarding a potential plea.

Bitmex

This year, BitMEX employees, including the company's founders, entered guilty pleas for wilfully failing to create, execute, and maintain anti-money laundering measures. In federal court in New York, the company's co-founders entered guilty pleas and each agreed to pay a $10 million fine.


Another employee of the company entered a guilty plea and agreed to pay a $150,000 fine.

The criminal charges were first filed by federal prosecutors in 2020.


The exchange consented to pay a civil fine in 2021 to resolve separate complaints from the Financial Crimes Enforcement Network (FinCEN) division of the U.S. Treasury Department and the U.S. Commodity Futures Trading Commission.


This Monday, a representative for BitMEX refused to comment on the accusations made against its former workers.


The company's chief executive officer stressed its strong compliance and anti-money laundering skills at the time the issue was resolved with the CFTC and FinCEN.