91462131
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OutOnARock writes:
Ross Ulbricht, the founder of the darknet marketplace known as Silk Road, has lost his appeal of a 2015 conviction that has him serving a life sentence on drug trafficking and money laundering charges, according to a federal appeals court decision released Wednesday morning.
Ulbricht argued that the district court that convicted him violated the Fourth Amendment—which protects against unreasonable searches and seizures—by wrongly denying his motion to suppress evidence, and that he was deprived of his right to a fair trial.
74316253
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OutOnARock writes:
The U.S. agency burglarized by suspected Chinese hackers has completed its long-awaited damage assessment: In total, more than 22 million people inside and outside government likely had their personal information stolen, officials announced today.
That number is more than five times larger than what the Office of Personnel Management announced a month ago when first acknowledging a major breach had occurred. At the time, OPM only disclosed that the personnel records of 4.2 million current and former federal employees had been compromised.
73353921
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OutOnARock writes:
When eBay cuts PayPal loose this summer, users of the new digital money giant will find they've agreed to new terms of service that take effect July 1. Those terms include PayPal giving itself the right to robocall or robo-text members at any phone number the firm can find, for just about any reason — from debt collecting to advertisements to opinion polling.
The fine print also says PayPal can pass along the same rights to its affiliates. Here's the language, in black and white, from the company's website:
You consent to receive autodialed or prerecorded calls and text messages from PayPal at any telephone number that you have provided us or that we have otherwise obtained . . . . (PayPal) may share your phone numbers with our Affiliates or with our service providers, such as billing or collections companies, who we have contracted with to assist us in pursuing our rights.
If I can only use PayPal on eBay, it'll probably mean an end of eBay for me, what about you?
70152579
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OutOnARock writes:
Yahoo Finance is reporting a story from Hong Kong (AFP)"
"Investors in a Hong Kong-based Bitcoin trading company fear they have fallen victim to a scam after it closed down, a lawmaker said Monday, adding losses could total HK$3 billion ($387 million).
Leung Yiu-chung said his office recently received reports from dozens of investors in Hong Kong who paid a total of HK$40 million ($5.16 million) into the scheme run online by MyCoin, but the total loss may be vastly more.
"The number of cases is increasing. These two days I received calls about more than 30 cases. We estimate more than 3,000 people and HK$3 billion are involved," he told AFP.