Chinese Official Sentenced, Terra.money Hacked, and Friend.tech Denies Data Leak
Summary:
Former Chinese government official sentenced to life in prison for Bitcoin mining and corruption charges. Terra.money temporarily shuts down due to hacking and phishing scams, while Friend.tech denies report of leaked user database.
Former Chinese government official sentenced to life in prison for Bitcoin mining and corruption charges
A former member of the Jiangxi Provincial Political Consultative Conference Party Group, Xiao Yi, has been sentenced to life in prison. The charges against Yi include corruption, abuse of power, and Bitcoin mining. Yi provided financial and electricity subsidies to a mining company that operated over 160,000 BTC mining machines. Prosecutors found that Yi fabricated reports on electricity usage to hide the mining operation. The court ruling stated that Yi has pleaded guilty, returned stolen funds, and had all bribes seized.
Terra.money temporarily shuts down due to hacking and phishing scams
The website of blockchain platform Terra, Terra.money, has been temporarily closed to protect users from ongoing phishing scams. The platform announced that the domain has been frozen to prevent further phishing attacks while the team resolves the issue. Terra has advised users to avoid any sites under the Terra.money domain until an official notice is posted. The recent hacking attempt follows a warning from Terra about interacting with such sites. The team is working on rectifying the issue but has faced delays with third-party responses.
Friend.tech denies report of leaked user database
Social media app Friend.tech has refuted a report claiming that personal information of over 100,000 users was leaked. The team clarified that the information was obtained through scraping its public API and not through hacking. The report had initially suggested that the leaked data was posted by a pseudonymous developer. The official Friend.tech account likened the situation to someone looking at a public Twitter feed and criticized the reporting as irresponsible. The developer later agreed that the report inaccurately interpreted their tweet.
Published At
8/22/2023 9:01:13 PM
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