The Chengdu court released ten typical cases in 2024, which disclosed a fund-raising fraud and money laundering case of "GUCS" virtual currency and associated software "Wa11et Pro" APP. Defendant Wang Moumou and others trumpeted the economic value and investment prospects of GUCS coins in Chengdu, Deyang, Meishan and other places, and developed offline in the form of pulling people's heads, causing more than 29,000 fund-raising participants to lose a total of more than 1.70 billion yuan. Wang Mo...
The Cybertruck that exploded at the Trump Hotel in Las Vegas and the truck used in the New Orleans car attack were both rented through the Turo car-sharing app.
On September 6, the State Financial Supervisory Administration issued a notice on the issuance of the Measures for the Administration of Criminal Cases involving Financial Institutions Groups, which mentioned that (1) the business balance involved in the case is equivalent to 100 million yuan (inclusive) or more; (2) the amount of risk exposure (referring to the amount involved in the case after deducting the recovered cash or assets equivalent to cash) is equivalent to 50 million yuan (inclusiv...
As of August of this year, law firms handling seven Chapter 11 cryptocurrency bankruptcies since 2022 have requested and received fees totaling $751 million. Among some of the largest bankruptcy cases in the crypto industry, law firms earning the most fees include Sullivan & Cromwell, Kirkland & Ellis, White & Case, and Cleary Gottlieb. The four firms received $484 million for handling cryptocurrency bankruptcies. This accounted for 64...
Police in Lubbock, Texas, have reported a significant increase in bitcoin-related scams, with victims suffering heavy losses. In the past few months, 20 to 30 people have reported scams involving gift cards and bitcoin transactions. Scammers typically target the elderly, claiming their accounts have been compromised and need to be verified. Victims are instructed to write checks, withdraw cash and deposit the funds into a bitcoin machine. Officer Brandon Stewart recalled a case in which one vict...
The demo highlights the AI-powered NPCs' cognitive abilities, offering a glimpse into the future of gaming.