US authorities accused three Chinese citizens of running a global cryptojacking scheme

US authorities accused three Chinese citizens of running a global cryptojacking scheme

The US prosecutor’s office has accused three Chinese citizens of organizing a global hacker campaign to steal confidential data from more than 100 companies and install malware for mining. According to the May 2019 indictment released this week, Jiang Lizhi, Qian Chuan, and Fu Qiang have been active for many years, working for the Chinese cybersecurity firm Chengdu 404 Network. Technology Co. Three Chinese citizens are accused of money laundering, conspiracy and identity theft. They…

Former HSBC executive to lead Libra Association

Former HSBC executive to lead Libra Association

The Libra Association has appointed HSBC Banking Group employee James Emmett as Managing Director of Libra Networks LLC. James Emmett spent about 25 years at HSBC International Bank, as did the new Libra Association CEO, Stuart Levey, who served as Chief Legal Officer at HSBC. Over the years at HSBC, Emmett has held several management positions. Levy stressed that thanks to a deep understanding of the field of finance and extensive experience in this industry,…