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Meet the former prosecutor asked to investigate bitcoin who became the face of crypto VC investing

Meet the former prosecutor asked to investigate bitcoin who became the face of crypto VC investing

Finance
Katie Haun, Andreessen Horowitz general partner.Source: Andreessen HorowitzSeven years ago, bitcoin was a foreign language to federal prosecutor Katie Haun. That changed when her boss at the U.S. attorney's office asked her to look into shutting it down.What's now the most widely used cryptocurrency was a niche payment method being used in the depths of the internet, in many cases being used to buy illegal goods on black markets. But Haun quickly decided the currency itself wasn't what needed probing."It would have been akin to saying 'let's go prosecute cash,'" Haun said.Instead, her department prosecuted multiple cases where bitcoin was being used for extortion and white collar crime. In some cases, the technology behind bitcoin, known as blockchain, actually helped the department solve ...
Grant Thornton appointed to investigate Rs 4,355-crore PMC Bank fraud

Grant Thornton appointed to investigate Rs 4,355-crore PMC Bank fraud

Finance
MUMBAI: The government has roped in Grant Thornton to carry out forensic investigations into the fraud hit Punjab and Maharashtra Cooperative (PMC) Bank, said four persons with direct knowledge of the matter. PMC appointed the forensic auditor at the behest of the Economic Offences Wing (EOW) of the Mumbai police. Grant Thornton is tasked to look into the allegations made by the former managing director of the bank on how the bank managed to flout Reserve Bank of India (RBI) norms. The firm will also look into the modus operandi of the fraud and whether any employee benefited from that, said one of the persons cited earlier. EOW recently registered a first information report (FIR) on the alleged fund diversion at PMC Bank. The FIR estimated the total fraud amount could be Rs 4,355.46 crore...
Trump repeatedly urged Ukraine to investigate political rival

Trump repeatedly urged Ukraine to investigate political rival

World
Donald Trump repeatedly urged Ukraine's new leader to investigate his political rival Joe Biden, a memo of a telephone call shows.In the call, the US president raised unsubstantiated allegations that former vice president Mr Biden sought to interfere with a Ukrainian prosecutor's investigation into his son Hunter. Speaking to Ukraine's Volodymyr Zelenskiy, Mr Trump said: "There's a lot of talk about Biden's son, that Biden stopped the prosecution and a lot of people want to find out about that."In the days before the phone call, Mr Trump ordered advisers to freeze $ 400m (£323m) in military aid for Ukraine, prompting speculation that he was holding out the money as leverage for information on the Bidens.
Cyrus Christie: Fulham investigate incident after player says sister was hit and racially abused

Cyrus Christie: Fulham investigate incident after player says sister was hit and racially abused

Sports
Fulham will take the "strongest action possible" after full-back Cyrus Christie alleged that his sister was hit and racially abused by fans during Saturday's 1-0 defeat at Barnsley.Christie said on Twitter after the game: "To the Fulham fan that decided to hit my sister at the game today and his wife who justified his action with racist remarks I hope you're proud of yourself and feel like a big man. "You'll get what's coming to you. Regardless how you felt about the result your actions are shameful." The Whites, relegated to the Championship last season, said in a statement: "Fulham Football Club is investigating an incident which took place in the away end at the Barnsley v Fulham fixture t...
EU to investigate Amazon over use of sellers’ data

EU to investigate Amazon over use of sellers’ data

Technology
The EU's competition regulator is to investigate the use of sellers' data by Amazon - the latest big multinational firm to face pressure over exploitation of customer information.The world's largest retailer has the been the subject of a call for evidence since last year into its dual role as a marketplace for merchants and as a competitor. Independent sellers who use the platform have complained of harm caused by Amazon copies of their products.Amazon said it would co-operate fully with the European Commission's inquiry which is to focus on two main issues. Image: Competition commissioner Margrethe Vestager is leading the investigation The first covers Amazon's standard agreements with marketplace sellers and the second is its u...