Hackers intercepted about 103 bank regulators’ emails for more than a year, gaining access to highly sensitive financial information, according to two people familiar with the matter and a draft letter to Congress seen by Bloomberg News. The attackers were able to monitor employee emails at the Office of the Comptroller of the Currency after breaking into an administrator’s account,…
In his four-page memo to staff titled “Ending Regulation by Prosecution,” U.S. Deputy Attorney General Todd Blanche announced that the National Cryptocurrency Enforcement Team (NCET) — created in 2022 under then-President Joe Biden — would be “disbanded effective immediately.” “The Department of Justice is not a digital assets regulator,” Blanche wrote in the memo seen by CoinDesk. “However, the prior Administration…
With the backdrop of rapidly mounting stock market losses, corporate titans have worked every angle — phone calls, social media and even a typically staid shareholder letter — to try to change Mr. Trump’s mind. […] By Monday, hedge fund billionaires — many of whom had been loud and proud boosters of Mr. Trump’s second term — were going public…
… In some ways I am tempted to say “building up credibility for years by accurately posting real all-caps financial news headlines for people who don’t have subscriptions, and then burning all of that credibility at once by posting a single fake headline that moves markets by $2.4 trillion, is honestly pretty good market manipulation” (not legal advice!), but I’m…