Ex-Chairman of Canaan Jack Kong Faces Crypto Project Hack From Insider

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Ex-Chairman of Canaan Jack Kong Faces Crypto Project Hack From Insider
Jack Kong, former chairman of China-based computer hardware manufacturer Canaan, has disclosed a hack of a cryptocurrency project that he has invested in. The hacker was reportedly an insider from the crypto project and fled to Thailand following the crime. “The hacker fled to Thailand but he was arrested and returned to China within 48 hours after working with the Chinese police,” a Tweet by Wu Blockchain read.... Read More: Ex-Chairman of Canaan Jack Kong Faces Crypto Project Hack From Insider
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Hong Kong Crypto Exchange JPEX Launches DA...

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Hong Kong’s troubled crypto exchange JPEX has announced plans to move forward with its DAO Stakeholder Dividend Plan.  This decision comes amid the ongoing investigation into the financial scandal worth over HK$1.5 billion ($191 million) and the arrest of multiple suspects associated with the platform. The unfolding scandal first came to light when Hong Kong’s […]

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Fate of Sam Bankman-Fried’s Co-Defendants ...

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With Sam Bankman-Fried, the convicted founder of FTX, facing the prospect of spending decades in a federal prison, some are wondering what lies ahead for his former colleagues and co-defendants. Nishad Singh, FTX’s director of engineering, Gary Wang, the exchange’s chief technical officer, and Caroline Ellison, former CEO of FTX sister trading firm Alameda Research, The post Fate of Sam Bankman-Fried’s Co-Defendants Uncertain: Prison Sentences Loom? appeared first on Cryptonews.

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