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Also, Nike Sued Over Shutdown of NFT SubsidiaryThis week, KiloEX compensation after Oracle exploit, Nike sued over NFT shutdown, SEC dropped probe into PayPal PYUSD, Long Island man sentenced for crypto fraud, Americans lost billions to crypto scams, Loopscale exploiter agreed to return stolen funds and bank regulators softened stance on crypto.
Investigating compensation to police whose sensitive info was leaked in 2023 The Police Service of Northern Ireland (PSNI) has bailed two officers after they were arrested as part of a fraud investigation related to the payments to cops whose sensitive data was mistakenly published in 2023.…
3 Countries Taking Different Approaches to Accountability and Victim CompensationGovernments globally are intensifying anti-scam measures, introducing new guidelines to banks, telecom providers and other key sectors to bolster security controls and mitigate fraud risks for consumers and businesses. Some new frameworks threaten to levy stiff penalties for non-compliance.
Around 25,000 global victims will receive full compensation
Money transfer firm failed to crack down on scam agents