S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators
Posted inBinance Frauds and Swindling Regulation and Deregulation of Industry Securities and Commodities Violations Securities and Exchange Commission Virtual Currency

S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators

The S.E.C. said the world’s largest cryptocurrency exchange mixed “billions of dollars” in customer funds and secretly sent them to a separate company controlled by Binance’s founder, Changpeng Zhao.
An A.I.-Generated Picture Stokes a Stock Market Plunge
Posted inBankman-Fried, Sam Bezos, Jeffrey P Biden, Joseph R Jr Carroll, E Jean Dimon, James Ellison, Caroline (1994- ) Federal Communications Commission Federal Energy Regulatory Commission Gates, Bill Gensler, Gary S Google Inc HK FTX Trading Ltd (Futures Exchange) Internal Revenue Service internal-storyline-no International Atomic Energy Agency Manchin, Joe III McCarthy, Kevin (1965- ) Microsoft Corp Morgan Stanley NVIDIA Corporation Regulation and Deregulation of Industry Republican Party RT (TV Network) Salame, Ryan Sanchez, Lauren (1969- ) Scott, Timothy Eugene Securities and Commodities Violations Senate Sullivan & Cromwell Twitter

An A.I.-Generated Picture Stokes a Stock Market Plunge

A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences.