Rank-and-file attorneys in the federal government fear major budget cuts when President-elect Donald Trump assumes office and are hunting for private-sector jobs in unusually high numbers, five legal recruiters told Reuters. Each new administration sparks an exodus of political appointees and other senior legal officials, but the recruiters said they are also hearing from far more lower-level, career government lawyers…
A large company like Macy’s typically has controls in place to ensure such a scenario couldn’t occur but it’s unclear if that’s the case in this instance, she added. Macy’s declined to comment on its controls. The size and duration of the incident also makes it likely that the US Securities and Exchange Commission is investigating or will investigate, said…
Top cryptocurrency executives and investors are pushing President-elect Donald Trump to create a national stockpile of bitcoin, a move that could more closely tie the little-regulated, volatile industry to the future of the country’s finances. Trump has publicly expressed broad interest in the idea, though some crypto advocates have urged him to take an even more aggressive step: They want…
Given that the SEC’s FCPA Unit is only one of five specialized units within the enforcement division, one might think that the FCPA Unit has a heavy workload. However, based on the SEC’s own enforcement statistics, FCPA enforcement actions comprise a minuscule percentage of its overall enforcement actions. As highlighted in the below graphic from the SEC’s recent FY2024 Annual…
A woman has revealed how she accidentally threw away the ‘key’ to her boyfriend’s £569million Bitcoin fortune, as he fights for the right to search a huge landfill in an attempt to find it. Halfina Eddy-Evans, speaking for the first time about her ex-boyfriend James Howells’ cyber nightmare, admitted taking the hard drive to the tip in Wales but claims…
U.S. sanctions against Tornado Cash, a service that anonymizes crypto transactions, must be abandoned, a federal appeals court ruled Tuesday. The decision answers a controversial privacy debate on whether the government — via a sanctions list maintained by the U.S. Treasury Department — has a right to target the technology because it’s associated with criminals. The ruling reversed a district…