Topic: shell companies

  • FCC Grants Itself Authority to Enforce DJI Drone Ban

    FCC Grants Itself Authority to Enforce DJI Drone Ban

    The FCC has unanimously voted to retroactively ban electronic devices from the U.S. market, specifically targeting companies like DJI deemed national security threats, even without publicly available evidence of risk. Starting December 23rd, new DJI products will face an automatic import ban unle...

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  • California Man Admits Laundering $230M in Stolen Crypto

    California Man Admits Laundering $230M in Stolen Crypto

    Kunal Mehta pleaded guilty to laundering at least $25 million from a $230 million cryptocurrency theft, becoming the eighth person to do so in a DOJ case initiated in May 2025. The criminal network used social engineering to hack accounts over 18 months, formed through online gaming, and involved...

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  • How Xtra Helps DJI Cameras Enter the US Market

    How Xtra Helps DJI Cameras Enter the US Market

    DJI's Osmo Pocket 3 camera has increased to $799 in the U.S. due to tariffs, while Xtra Technology offers seemingly identical hardware for as low as $499, suggesting a strategy to bypass import duties. Investigations reveal Xtra's devices and software are nearly indistinguishable from DJI's, with...

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  • How Data Centers Shift Energy Costs to Americans

    How Data Centers Shift Energy Costs to Americans

    A Senate investigation is demanding transparency from major tech companies over how their data centers' massive energy consumption is driving up electricity bills for American households, often without public knowledge. The inquiry highlights that utility infrastructure costs to support data cent...

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  • Feds Seize Record $15 Billion in Bitcoin From Alleged Scam

    Feds Seize Record $15 Billion in Bitcoin From Alleged Scam

    U.S. and UK authorities seized a record $15 billion in Bitcoin from the Prince Group, the largest cryptocurrency seizure ever, linked to global romance and investment scams known as "pig butchering." The criminal network, led by Chen Zhi, used fraudulent call centers in Cambodia staffed by human ...

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