Author: MNK News
Federal prosecutors disclosed an indictment against California residents Gabriel Hay and Gavin Mayo, charging them in a $22 million crypto fraud scheme. The charges come as the FBI reports Americans lost over $5.6 billion to crypto fraud in 2023 — a 45% increase from the previous year. According to ABC News, citing prosecutors, Beverly Hills-based Hay and Thousand Oaks-based Mayo allegedly executed multiple “rugpull” schemes between May 2021 and May 2024. They also allegedly created NFT projects to attract investors before abandoning them while keeping the funds. The U.S. Attorney’s Office has charged both individuals with conspiracy to commit wire…
A new report published by the child safety groups Heat Initiative and ParentsTogether Action details the alarming presence of inappropriate apps that are rated as suitable for children as young as four years old on Apple’s App Store. The groups worked with a researcher to review as many apps as possible in the span of 24 hours, and say they ultimately identified over 200 apps that contained “concerning content or features” given the ages they were rated for — including stranger chat and AI girlfriend apps, gaming apps with sexual or violent prompts and imagery, and AI-powered appearance rating apps.…
Mariah Carey performs one of her greatest hits onstage for “Merry Christmas One And All!” at … [+] Yaamava’ Resort & Casino at San Manuel on November 15, 2023 in Highland, California.WireImage for MC Mariah Carey is a once-in-a-generation talent whose powerful voice and five-octave range made her one of the most successful ‘90s artists and a talent whose legend endures today. She is known for her love songs that showcase her unique style, and her greatest hits include everything from R&B to Christmas songs. Carey’s musical talent was evident early in life, and by high school, she was receiving…
(Bloomberg) — Most Read from Bloomberg Indonesia claimed victory after Apple Inc. offered to increase its investment in the country to $1 billion to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone 16s. The win may be short-lived. Using a protectionist playbook to get companies to build factories could end up sidelining Southeast Asia’s largest economy when neighbors are rolling out the red carpet for investors who are relocating from China ahead of Donald Trump’s potential tariffs, analysts said. “Now is not the best time to play hardball,” said Krisna Gupta, senior fellow at…
Interpol placed Richard Schueler, widely known as Richard Heart, the founder of Hex, on its global wanted list through a Red Notice following allegations of tax fraud and assault in Finland. The Red Notice serves as a worldwide request for law enforcement agencies to locate and provisionally arrest Schueler. Finnish authorities are pursuing Schueler’s arrest based on tax evasion allegations spanning from June 2, 2020, to April 2, 2024. The case has gained additional gravity as Schueler now appears on Europe’s most wanted fugitives list, where authorities detail disturbing assault allegations involving a minor. Interpol notice According to the listing,…
IPSWICH, ENGLAND – DECEMBER 21: Alexander Isak of Newcastle United celebrates scoring his team’s … [+] third goal during the Premier League match between Ipswich Town FC and Newcastle United FC at Portman Road on December 21, 2024 in Ipswich, England. (Photo by Paul Harding/Getty Images)Getty Images There are few centre forwards in the Premier League on the level of Alexander Isak. The Swedish striker netted a hat trick for Newcastle United against Ipswich Town on Saturday to extend his scoring run to six goals in his last four league appearances. When Isak is at his best, he elevates Newcastle’s…
(Reuters) -Stellantis has reversed its decision to lay off about 1,100 employees at an Ohio Jeep plant less than three weeks after the abrupt resignation of Chief Executive Carlos Tavares, the Franco-Italian automaker said late on Saturday. The company has decided not to put any employees on indefinite layoff from Jan. 5 due to a previously announced shift reduction and will instead extend a worker adjustment and retraining notification notice, a company spokesperson said in an emailed statement. Employees are expected to return to work as scheduled after the new year, the spokesperson said. Tavares’ exit was triggered by targets…
Binance founder Changpeng Zhao has triggered a discussion about cryptocurrency adoption in the UAE after sharing claims about the nation’s Bitcoin holdings. In a recent X tweet, Zhao shared an article claiming the United Arab Emirates holds $40 billion in Bitcoin (BTC). The figure immediately drew attention from industry observers, particularly crypto lawyer Irina Heaver. Heaver challenged the article’s credibility, suggesting it appeared to be AI-generated content lacking evidence for its claims. Responding to the skepticism, Zhao acknowledged the uncertainty surrounding the specific figure, noting, “I also wondered how they came up with the exact number; it’s challenging to collect.”…
ETFs, health caregetty The exchange traded funds most widely followed that represent the health care, energy, materials and real estate sectors are showing the most late-year weakness, based on price chart performance. Lots of factors are work. The most likely factor affecting all of these is the sense that interest rate cuts by the Fed have ended. Breaking out sector performance can be deceptive: in some cases, it may that just one or two stocks in the ETF may be so underperforming that it weighs the entire group down more than might be expected. Nevertheless, these price charts are worth…
FILE – St. Louis Cardinals first baseman Paul Goldschmidt (46) in the fifth inning of a baseball … [+] game Tuesday, Sept. 24, 2024, in Denver. (AP Photo/David Zalubowski, File)Copyright 2024 The Associated Press. All rights reserved. If Paul Goldschmidt’s first season goes extremely well in terms of health and production at the plate, the New York Yankees will be congratulating him for reaching a milestone in the final weeks of a regular season they hope ends with an AL East title. The milestone is 400 career homers and Goldschmidt is 38 shy of the mark that currently claims Giancarlo…