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Founder miffed over prosecutors holding onto its Bitcoin The founder of a German mobile phone repair and insurance biz has begun insolvency proceedings for some operations in his company after struggling financially following a costly ransomware attack in 2023.…
After netizens' funds go up in smoke, ex-CEO seeks cash to foot legal bills The first of two US government prosecutions of former FTX CEO Sam Bankman-Fried commenced in New York on Monday, only a day after the cryptocurrency tycoon sued his own insurance company for failing to cover his legal costs.…
Plus: Philippine state health insurance knocked offline by ransomware, China relaxes data export laws, and more Asia in brief Zhu Su, co-founder of fallen crypto business Three Arrows Capital (3AC), was arrested last Friday at Changi Airport in Singapore as he attempted to leave the country.…