It later formed a for-profit arm and shifted most of its staff there, but is still controlled by a nonprofit board of directors. It is now trying to convert itself more fully into a for-profit corporation but
Meanwhile in France,of wealthy cryptocurrency holders and their relatives in ransom plots have spooked the industry.
Attackers recently kidnapped the father of a crypto entrepreneur while he was out walking his dog, and sent videos to the son including one showing the dad’s finger being severed as they demanded millions of euros in ransom, prosecutors allege. Police freed the father and arrested several suspects.Earlier this year, men in masks attempted to drag the daughter of Pierre Noizat, the CEO and a founder of the Bitcoin exchange platform Paymium, into a van, but were thwarted by a shopkeeper armed with a fire extinguisher.And in January, the co-founder of French crypto-wallet firm Ledger, David Balland, and his wife were also kidnapped for ransom from their home in the region of Cher of central France. They also were rescued by police and 10 people were arrested.
The FBI recently released its 2024 internet crime report that tallied nearly 860,000 complaints of suspected internet crime and a record $16.6 billion in reported losses — a 33% increase in losses compared with 2023.As a group, cryptocurrency theft victims reported the most losses — more than $6.5 billion
The agency and experts say the crypto crime underworld is likely being fueled by the large amounts of money at stake – combined with weak regulation of cryptocurrency that allows many transactions to be made without identity documents.
Violence may be increasing for several reasons including that criminals believe they can get away with crypto theft because transactions are hard to trace and often cloaked by anonymity, according to the crypto tracing firm TRM Labs. And crypto holders are getting easier to identify because of the prevalence of personal information online and people flaunting their crypto wealth on social media, the firm says.statewide candidate in Wisconsin.
Liberals have a chance to expand their majority on the court next year to 5-2. If Bradley wins, the 4-3 liberal majority would be maintained.In an interview Monday with The Associated Press, Taylor said she is running “to make sure that people get a fair shake, that the judiciary remains independent and impartial and that people have confidence in the judiciary.”
She accused Bradley of prioritizing a right-wing agenda, noting her siding with Trump in his unsuccessful attempt to overturn his 2020 election loss.Bradley did not immediately respond to an email Tuesday seeking comment. But Wisconsin Republican Party Chair Brian Schimming called Taylor a “radical” and said she will have to answer for her “extremely partisan record in the legislature and on the bench.”