Calling Bankman-Fried's seven-count conviction reflective of the defendant's "unmatched greed and hubris," the government's sentencing request argues for significant jail time in light of fraud it estimates at more than $10bn. A lengthy sentence is necessary to "protect the public," argued US Attorney Damian Williams, who characterized him as an...
China regulator to ban Evergrande chair from securities market for life
BEIJING, CHINA – Chinese regulators will ban the chairman of property giant Evergrande from the securities market for life on grounds of financial fraud, a subsidiary of the company said on Monday. Heavily indebted Evergrande has become a potent symbol of the years-long crisis in China's property market, a crucial pillar...
Top 3 deepfake threat scenarios users face in 2023
Dubai, UAE - The number of deepfake videos online is increasing at an annual rate of 900 percent according to the World Economic Forum (WEF). A lot of deepfake fraud cases hit major headlines in the news, with reports relating to harassment, revenge, crypto scams. Here are three top three...
