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Funds Disappear at Bankrupt Crypto Exchange FTX; Investigation Underway
Collapsed cryptocurrency trading firm FTX has confirmed that unauthorized access to its accounts came hours after the company filed for bankruptcy protection. The struggling company’s new CEO, John Ray III, said Saturday that FTX is shutting down the ability to trade or withdraw funds and take steps to protect customers’ assets. Analyst firm Elliptic estimated the exchange lost $477 million. There has been debate on social media over whether the exchange was hacked or funds were stolen from company insiders. This is a possibility that cryptocurrency analysts cannot rule out.
Internal documents show how close the FBI is to deploying spyware
Dozens of internal FBI documents produced in response to a Freedom of Information Act lawsuit filed by The New York Times show that FBI officials pushed in late 2020 and the first half of 2021 to deploy the Pegasus hacking tool company NSO, made by Israeli spyware, in its own criminal investigation. Officials developed advanced plans to brief the bureau’s leadership and set guidelines for federal prosecutors. It’s unclear how the bureau intends to use Pegasus, but the FBI ultimately decided not to deploy the tool in criminal investigations in July 2021.
Two historic planes collide at Dallas Veterans Day exhibit
Two historic planes collided at an airshow in Dallas. It is unclear how many people were on the plane. Emergency crews are responding to the scene during a commemorative Air Force Flyover Dallas show at Dallas Executive Airport. A Boeing B-17 Flying Fortress and a Bell P-63 Gold Cobra collided and crashed at about 1:20 p.m. Saturday, the FAA said. Several videos posted on Twitter showed what appeared to be two planes colliding in mid-air before crashing quickly, setting off a fire and sending black smoke billowing into the sky. The FAA and the National Transportation Safety Board are investigating.
Ukrainian police, TV broadcasts return to long-occupied city
Authorities said Ukrainian police, as well as television and radio broadcasts, were returning to the southern city of Kherson after the withdrawal of Russian troops. The head of Ukraine’s national police said 200 police officers were working in the city, setting up checkpoints and recording evidence of possible war crimes. Police teams were also working to identify and eliminate unexploded ordnance, and one engineer was injured, he said. Ukraine’s communications regulator said national television and radio broadcasts had resumed. However, an adviser to the mayor of Kherson described the situation in the city after more than eight months of Russian occupation as “a humanitarian disaster”. Residents desperately need water, medicine and food, he said.
Computer chip ban marks new era as Biden, Xi meet
The Biden administration’s recent move to block the export of advanced computer chips to China marks a new phase in the relationship between the world’s two largest economies. Trade is more intense than the race to become the world’s leading technological and military power. The export ban helps set the tone for President Joe Biden’s upcoming meeting with Chinese President Xi Jinping on the sidelines of the Asian Group of 20 summit on Monday. Both leaders are likely to talk about the export ban, which Chinese officials were quick to denounce.
Iranian who inspired ‘terminal’ dies at Paris airport
An Iranian man who lived at Paris’ Charles de Gaulle airport for 18 years and largely inspired Steven Spielberg’s film “The Terminal,” has died at the airport, French officials said. Mehran Karimi Nasseri died Saturday after suffering a heart attack at the airport’s Terminal 2F. That’s according to a Paris airport authority official, who said police and medical teams treated him but failed to save him. Karimi Nasseri, believed to be born in 1945, lived in Terminal 1 of the airport from 1988 to 2006, according to French media reports. At first in legal limbo because of a lack of a residence permit, he chose instead. In recent weeks, Karimi Nasseri has been living at the airport again, airport officials said.
Yellen calls for ‘stabilizing’ US-China relations ahead of G20
U.S. Treasury Secretary Janet Yellen called on Saturday to stabilize U.S. relations with China and reopen regular lines of communication between the world’s two largest economies ahead of a global meeting next week, where the two leaders are expected to meet . “I think stabilizing the relationship and trying to put it on a better footing, while recognizing that we have a range of concerns that we want to address,” Yellen told CNN on Saturday when asked how to improve the relationship. New York Times”. Yellen’s remarks come as she prepares to meet Yi Gang, governor of the People’s Bank of China.
Police: No powder found in candidate’s office envelope
Two suspicious unopened envelopes found at the Republican nominee’s Phoenix campaign headquarters in Arizona contain no powder, police said. The Kari Lake event said Saturday that an extra envelope containing the white powdery substance was thrown into the bin earlier by a worker who failed to notify security before emptying it. Emergency officials in Phoenix said they received reports over the weekend of an envelope containing suspicious powder arriving at the building. As of Saturday morning, the gubernatorial race between Lake and Democrat Katie Hobbs was still premature.
Via Wire Source
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