John Mensch, the former owner of East End Bus Lines, was sentenced to 18 months in prison after using a cheque-kiting scheme to fraudulently obtain about $9.3 million from two banks. He was also ordered to repay more than $9.3 million in restitution for the bank fraud.
WeatherlyThree men were jailed in the UK for using fake police websites to steal more than £4 million ($5.4 million) in cryptocurrency from eight victims. Police traced the stolen funds, recovered around £1 million ($1.34 million) and exposed the gang's luxury spending.
AnaisSouth Korea's Financial Supervisory Service has sent an inspection opinion letter to Upbit operator Dunamu, officially starting sanction proceedings over the 44.5 billion won ($30 million) hack in November 2025. The letter allows Dunamu to respond before regulators decide whether to impose penalties.
AnaisIn May, it also signed a three-year US$45 billion agreement with Elon Musk's SpaceX to access the Colossus 1 data centre in Memphis, Tennessee.
WeatherlyAZ-COM Maruwa Holdings plans to use Japan's regulated JPYC stablecoin to pay around 2,300 transport partners and invest ¥1 billion (US$6.2 million) in the project. The rollout could become Japan's first large-scale corporate use of a regulated stablecoin for everyday business payments.
AnaisHugging Face said an autonomous AI agent system hacked part of its production infrastructure by exploiting flaws in its data-processing pipeline and accessing some internal datasets and service credentials. Public AI models were not affected, and the company has fixed the vulnerabilities while urging users to rotate their access tokens.
WeatherlyStandard Chartered-backed Anchorpoint Financial is expected to launch Hong Kong dollar stablecoin HKDAP by 31 July 2026 after securing an HKMA licence. The regulated token will be backed by Hong Kong dollar reserves and distributed through licensed crypto platforms.
AnaisVietnam will fine individuals up to 50 million dong (about US$1,900) from 1 September 2026 for trading crypto on unlicensed platforms. The rules aim to move traders onto regulated local exchanges.
WeatherlyNetflix has confirmed its $587 million acquisition of Ben Affleck's AI startup, InterPositive. The streaming service says AI is now used across about 300 productions.
AnaisX has launched a completely rebuilt Android app worldwide after nearly a year of development, with faster loading, smoother scrolling and more reliable notifications. The rewrite also gives the company a stronger foundation to roll out new features more quickly.
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