Tag: legal action

University of California student allegedly tapped into people’s cell phones to steal their cryptocurrency

It was the worst kind of wrong number. A 21-year-old student at the University of California San Diego allegedly commandeered the cell phone accounts of at least 40 people to plunder their cryptocurrency wallets, prosecutors said. Richard Yuan Li, of Hercules, Calif., is accused of operating what is called a SIM-swap scam from his dorm […]

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Litecoin hoax highlights crypto market vulnerable to scams: ‘Walmart has no relationship with litecoin,’ says big box retailer

An earlier version of this article incorrectly stated John Wu’s affiliation with Ava Labs, where he is president. Ava Labs was founded by a group including Emin Gün Sirer. Fake news appeared to give holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back […]

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Opinion: Twenty years after 9/11, our biggest threat comes from within

Twenty years ago, on Sept. 11, from my 36th floor office in a Manhattan skyscraper, I gasped in disbelief at the smoking black hole in the north tower of the World Trade Center. Suddenly the other tower, the south tower, exploded in a horrifying fireball. I was too far away to hear it. But the […]

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South Korean plant poacher snatched $600,000 worth of plants from state parks — and tried to ship them to Asia

The leader of an international plant poaching ring has pleaded guilty to digging up thousands of succulents from remote state parks in California to ship to Asia to sell for giant profits, federal prosecutors said. Byungsu Kim, 46, of South Korea, was accused with two co-conspirators of flying to Los Angeles in 2018, and then […]

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Biden administration set to sue Texas over new abortion law

WASHINGTON — The Biden administration is preparing to sue Texas over its new law banning most abortions, people familiar with the matter said, an action that would set off a federal-state clash at a time when the future of abortion rights becomes an ever-more-pressing question before the courts. The Justice Department could file a lawsuit […]

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Californian man, 79, sentenced to 4 years for charging small businesses and charities hugely inflated prices for printer toner

It was the worst kind of paper jam. A 79-year-old toner salesman was sentenced to four years in prison for running a decades-long, multi-million dollar scam that caused tens of thousands of small businesses and charities to pay hugely inflated prices for printer cartridges. Gilbert Michaels, of West Los Angeles, was accused of utilizing boiler […]

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