The money disappeared. The woman’s investment was shuttled through various crypto address and finally deposited in an overseas cryptocurrency exchange. It was then cashed by someone, possibly from …
BUSINESS
Google says two scammers duped it into hosting 87 fake crypto apps on the Play Store
The firm accuses the two of being crypto scammers who tricked it into hosting fraudulent apps in its app store. The two scammers — one from Shenzhen, China, and the other from Hong Kong —…
EXCLUSIVE: ‘China’s Stock Market Has Bottomed, Indicating A Potentially Rare Opportunity,’ Says Investment Strategist
“as opposed to the industries that have driven the ‘Old China’ economy, such as manufacturing, real estate, and financials.” Trending: Mary Trump Says Uncle Donald ‘Willing To Do Business With Anyone’ …
Google sues two crypto app makers over allegedly vast “pig butchering” scheme
Google has sued two app developers based in China over an alleged scheme targeting 100,000 users globally over four years with at least 87 fraudulent cryptocurrency and other investor apps distributed …
Chinese Government Launches ‘Ultra-Large Scale Blockchain Infrastructure Platform’ to Transform Global Collaboration
China has announced the launch of a groundbreaking project titled “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative.” This initiative is part of China’s ambitious …
Google says crypto fraudsters are making it look bad
Google says crypto scammers are hurting the integrity of its services … Google accuses the two scammers — an app developer based in Shenzhen, China, and another based in Hong Kong — of creating apps…
Brooklyn prosecutors target ‘pig butchering’ crypto scam that cost victims millions
Prosecutors in Brooklyn seized nearly two dozen web domains associated with a scheme known as “pig butchering” — striking an online conversation with unsuspecting victims, gaining their trust and …
China needs a new economic plan that focuses less on exporting and more on domestic growth, ‘Dr. Doom’ Nouriel Roubini says
“The old Chinese growth model is broken,” Roubini wrote for Project Syndicate, warning that more manufacturing is fueling a supply glut.
Ray Dalio says China’s problems don’t outweigh the benefits of investing there
The Trump administration sparked a trade war with China in 2018 when it imposed sweeping tariffs on Chinese imports over alleged Chinese theft of U.S. technology and intellectual property. This set …
Google Files Racketeering Suits Over Alleged Crypto-App Scams
Alphabet Inc.’s Google sued two people based in China it says used the company’s platforms to distribute and advertise fraudulent crypto apps.
Google sues alleged crypto scammers who uploaded fraudulent apps to the Play Store
In brief: Crypto scammers have been around for many years, but Google says it is now doing something never done before: becoming the first tech company to sue some alleged scammers. The lawsuit claims …
Explainer-Why maintaining ASML equipment is the new front in US-China chip war
The U.S. government has called on allies to force computer chip manufacturing equipment companies to stop maintaining some of the tools they have sold in China, part of Washington’s efforts to …
US treasury secretary is in China to talk trade, anti-money laundering and Chinese ‘overproduction’
a U.S. tariff on EV imports could raise the price of EVs in the U.S. and is therefore counterproductive for the purpose of inducing a green transition.” Yellen’s trip will run from April 4 to…
