Photo by Amelia Holowaty Krales / The Verge Health insurance provider UnitedHealth paid a multimillion-dollar ransom to hackers who broke into one of its subsidiaries, disrupting healthcare providers across the country for months, CEO Andrew Witty confirmed on Wednesday. In a hearing before the Senate Committee on Finance,...
Illustration by Cath Virginia / The Verge | Photos from Getty Images There are a lot of differences between Changpeng Zhao and Sam Bankman-Fried, and now we can add one more to the list: the amount of time they’ll serve for their crimes. Bankman-Fried got 25 years; Zhao got four months. There’s more. Zhao appeared in court...
Cath Virginia / The Verge | Photos from Getty Images Binance founder Changpeng Zhao was sentenced to four months in prison for failing to establish adequate anti-money laundering protections. Zhao, once the head of the largest crypto exchange in the world, pleaded guilty in November 2023. Judge Richard Jones says that Zhao...
Zhao “violated US law on an unprecedented scale,” prosecutors wrote in their sentencing memo. | Cath Virginia / The Verge | Photos from Getty Images Changpeng Zhao pleaded guilty to money laundering charges. Binance founder Changpeng Zhao has been sentenced to four months in prison for breaking US anti-money laundering laws....
An early render of the SuiPlay0X1. | Image: Mysten Labs Last month, I told you how a new startup is trying to build an Android of PC gaming by picking up where the Steam Deck left off. It’s an intriguing idea from a company with an awful lot to prove. Today, we’re getting the first announcement of the first Playtron-powered...
Illustration by Alex Castro / The Verge Google is suing two alleged crypto scammers, accusing them of using its Play Store to offer fraudulent cryptocurrency trading apps and investment platforms that instead simply took users’ money. These apps were used in a type of romance scam commonly called “pig butchering” in reference...
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