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Business

Binance founder’s sentencing hearing

Changpeng Zhao pleaded guilty to money laundering charges. Prosecutors have requested three years of prison time.

The US crackdown on Russian trade is working as Putin struggles to fund his war

Trade volumes from partners such as Turkey and China have slagged in the first quarter, as foreign dealers pullback amid a US sanctions threat.

Change Healthcare Finally Admits It Paid Ransomware Hackers—and Still Faces a Patient Data Leak

The company belatedly conceded both that it had paid the cybercriminals extorting it and that patient data nonetheless ended up on the dark web.

The US will see a recession by year-end that could spark a 30% drop in the stock market, legendary forecaster Gary Shilling says

Shilling told Business Insider that wave of layoffs could come as employers realize the economy was weaker than they thought.

A Vast New Dataset Could Supercharge the AI Hunt for Crypto Money Laundering

Blockchain analysis firm Elliptic, MIT, and IBM, have released a new AI detection model—and the 200-million-transaction dataset it's trained on—that aims to spot the “shape” of Bitcoin money laundering.

2 founders of a crypto mixer charged with laundering funds from the dark web

Prosecutors say Samourai Wallet, which anonymized crypto transactions, laundered hundreds of millions of dollars for criminals on the dark web.

The $2.3 Billion Tornado Cash Case Is a Pivotal Moment for Crypto Privacy

Tuesday’s verdict in the trial of Alexey Pertsev, a creator of crypto-privacy service Tornado Cash, is the first in a string of cases that could make it much harder to skirt financial surveillance.

College alum surprised that his ayahuasca-inspired speech praising bitcoin got groans and boos

Pan said on LinkedIn he'd gotten "some help from AI (Ayahuasca Intelligence)" to write the speech, which featured meditation and singing.

A Hong Kong-based crypto exchange used deepfakes of Elon Musk to claim the billionaire was its lead developer

Authorities in Hong Kong put out a warning that a group claiming Elon Musk developed its crypto-trading software is likely using deepfakes.

To make sure grandmas like his don't get conned, he scams the scammers

Livestreamers who bait scammers find creative ways to waste their time. This makes for entertaining viewing. But as scams spike, one streamer, Kitboga, wants to protect as many victims as possible.