Search results for "TRIO"
02:37

The suspect in the Manhattan Crypto Assets kidnapping case refuses to plead guilty, and officers are suspected to be involved in the case.

Two men suspected of kidnapping and torturing a 28-year-old Italian crypto investor have pleaded not guilty, and the investigation into their case appears to have been embroiled by NYPD officers. Previously, New York police had arrested 33-year-old William Duplessie and 37-year-old John Woeltz, as well as a third suspect, 24-year-old Beatrice Folchi, but her prosecution has been delayed. The names of the victims have not been made public. The three are accused of kidnapping the victim and holding him in a luxury townhouse in Manhattan's affluent SoHo neighborhood for more than two weeks. During this time, the trio tortured the victim, forced him to take drugs, hung him on a windowsill, urinated on him, and subjected him to electric shocks in an attempt to force him to hand over the private keys to Bitcoin, according to NYC police. Two NYPD officers, including a detective assigned to Mayor Eric Adams' protection project, who had worked for Duplessie and Woeltz after hours, have been placed on temporary duty, Bloomberg reported on Thursday. A person familiar with the matter said the two officers were not believed to have been involved in the kidnapping but were providing security services for the defendants. They may have taken the victim from the airport to the townhouse without physically inflicting physical harm on him. A spokesperson for the NYPD said the matter was "under internal review."
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BTC-3.1%
10:28
Feds File Charges Against Trio for $3 Million ‘Evolved Apes’ NFT Game Scam Three UK nationals have been charged by the US Department of Justice for orchestrating a $3 million scam involving the "Evolved Apes" NFT collection. The defendants are accused of wire fraud and money laundering in a pump-and-dump scheme where they convinced NFT collectors to purchase Ethereum-based NFTs for an online game that was never developed.
TRIO1.06%
PUMP-6.97%
ETH-1.88%
23:10
The three were indicted for orchestrating a SIM swap scam to steal more than $400 million from FTX, a Crypto Assets exchange that was in the midst of Rekt. According to an indictment filed by the Department of Justice in federal court in Washington, Robert Powell, Emily Hernandez, and Carter Rohn collected the personal data of about 50 victims and used that information to convince cell phone service providers to transfer victims' phone numbers to fake phones in their possession. Doing so allowed the trio to intercept text messages — including multi-factor authentication codes, which allowed them to break into victims' financial accounts and crypto Wallets. The indictment does not mention FTX, but two people familiar with the case confirmed that the "victim company-1" in the court documents was actually FTX. On or about November 11, 2022, Hernandez used a fake ID with FTX employee details to convince AT&T to transfer the mobile phone account to another SIM card. The gang's alleged mastermind, Powell — using the nicknames 'R$' and ElSwapo1 online — then used various authentication codes to access FTX's crypto Wallet.
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09:41
According to three people familiar with the matter, the SpotBitcoin ETF could receive regulatory approval as early as Wednesday, with more than one fund ready to start trading on Thursday morning. It is expected that applications containing S-1 documents will be declared effective immediately for some funds, clearing the way for transactions. It is reported that the approval is related to the 19b-4 documents, which were filed with the SEC by the exchange to allow the trading of these funds. Both the S-1 and 19b-4 are expected to be approved soon, according to people familiar with the matter. In addition, the trio added that the conversation with the SEC confirmed Wednesday's timetable, but they nevertheless cautioned that the final decision remains in the hands of the SEC. (Axios)
BTC-3.1%
01:03
According to a report by the Financial Associated Press on December 7, Gao Yu, general manager of technology in Intel China, revealed at Lenovo Group's "AI PC Industry Innovation Forum" that the new generation of Core Ultra processors has been adapted to more than 10 domestic large models. Intel takes an XPU strategy on AI computing solutions, which is a "trio" of GPUs, NPUs, and CPUs. "The large language model has been successfully deployed on Intel CPUs and runs smoothly and will be deployed on Intel NPUs in the future. Intel will continue to strengthen cooperation with Lenovo Group and other domestic industrial chains. Gao Yu said. It is reported that Intel's new generation of Core Ultra processors will be released in China on December 15, taking the lead in providing computing power support for Lenovo AI PCs, and the cooperation between the two sides is advancing.
03:51
PANews reported on November 3 that according to Bloomberg, Caroline Ellison, CEO of Alameda Research, Gary Wang, co-founder of FTX, and Nishad Singh, head of engineering at FTX, were star witnesses in the SBF trial. All three said SBF instructed them to help transfer billions of dollars of FTX customer funds to Alameda, a hedge fund affiliated with Bankman-Fried that holds 90% of the shares, to commit fraud. As part of the cooperation agreement with the prosecutor, they themselves have pleaded guilty, which corroborates their testimony. Several criminal defense attorneys who are following the case said it is likely that Ellison, Wang and Singh will not be sentenced to prison or very little. In contrast, SBF could face decades in prison when it was sentenced in March. But even if the three men escape jail, they may face other forms of punishment. The government can force the trio to return the proceeds of the fraud and pay compensation to the victims.
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