Davies and Zhu, however, departed Singapore (where the company was based) and spent time in Bali. Zhu eventually returned to Singapore, where he lives in a $35 million luxury home, according to media reports.
Feds charge two men for the $400 million Bitcoin hack that took down Mt. Gox
The US federal government has charged two Russian nationals in connection with the series of hacks that brought down the Mt. Gox Bitcoin exchange in 2014. In a press release on Friday, the Department ...
DOJ reveals identity of Russian hackers believed to be behind epic Mt. Gox bitcoin theft
The men are charged with orchestrating what was then the largest cryptocurrency hack in history — a theft that would amount to nearly $18 billion today.
Crypto.com to Close US Institutional Service Amid SEC’s Crypto Crackdown
Singapore-based cryptocurrency exchange Crypto.com said Friday that it will wind down its institutional service in the States.
Japanese investors plan to sue MUFG unit over Credit Suisse bonds, Nikkei reports
A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including Mitsubishi UFJ Morgan Stanley Securities, over their sale of AT1 bonds issued by Credit Suisse Group AG ,
Unlatched parts ingested into Marine F-35B in mishap in Japan
A Marine Corps F-35B shows off its hovering capabilities during one of its daily aerial displays at the 2022 Singapore Airshow. (Mike Yeo/Staff) Parts of a Marine F-35B jet broke off and got sucked into the intake in May, ( read original story ...)
As Washington’s puppet, Tokyo is betraying the role it has assumed for East Asia’s integration: China Daily editorial
By limiting its cooperation with China in the semiconductor field, Japan is harming itself as well as China. The US is the only beneficiary of Tokyo's please-Washington decision. By doing so, Japan is ... ( read original story ...)
Japan: Hordes Of Jellyfish Spotted In River In Yokohama
Hordes of jellyfish were spotted in a river in Yokohama on June 6. A similar phenomenon was observed last month in the same area believed to be caused by high tide sweeping the sea creatures up the ... ( read original story ...)
This startup will quit your job on your behalf and save you the guilt trip—all for $144
In an interview with Al Jazeera published on Wednesday, Exit’s founder Toshiyuki Niino said many employers in Japan “give you a guilt trip” and attempt to convince workers to stay when they hand in ...
Gensler can destroy the U.S. crypto industry but he can’t kill crypto
Even after the Securities and Exchange Commission launched a double-barreled assault on the industry with lawsuits against its two most important companies, crypto prices barely budged. On Monday, ...
Their Crypto Company Collapsed. They Went to Bali.
The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.
Binance.US to Stop U.S. Dollar Withdrawals and Become ‘Crypto-Only’ Amid SEC Lawsuit
The U.S. arm of the world's largest crypto exchange is suspending transactions in U.S. dollars in response to a SEC lawsuit.
Robinhood Removes 3 Crypto Tokens Following Regulatory Crackdown
Robinhood Markets Inc. will remove three tokens from its crypto trading platform, after a high-profile regulatory crackdown on some of the industry’s biggest exchanges.
US targets Binance and Coinbase – is the government ready to regulate crypto?
Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent ...
SEC Crypto Action Leaves Stablecoins in Limbo
Authorities have still not made clear when stablecoins are considered securities or how they will be regulated.
Binance’s U.S. subsidiary pauses dollar deposits in wake of SEC lawsuit, says it’s becoming a ‘crypto-only exchange’
The SEC sued Binance on Tuesday, alleging 13 counts that included the mishandling of customer funds and offering unregistered securities.