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Washington and Tokyo are discussing a potential trade pact, with Japan under pressure from U.S. President Donald Trump’s administration to cut its trade surplus with the United States. ANA, however, said it not been asked by the Japanese government to buy the Boeing jets. It “has nothing to do with trade friction,” said Hideki Mineguchi, ANA vice president. Any interference would violate trade practices, U.S.-based analyst Richard Aboulafia said, but added that “these are strange times, so who knows what goes on behind the scenes?” Narrowbody deals tend to be less politicized than larger planes, he said.
WASHINGTON (Reuters) - Two units of China’s Huawei Technologies Co Ltd are to be arraigned on Feb, 28 in Seattle on a 10-count indictment on charges they conspired to steal T-Mobile US Inc trade secrets, letter f cufflinks according to court filings Tuesday, The Justice Department alleged that Huawei Device Co Ltd and Huawei Device USA Inc committed wire fraud and obstructed justice by stealing robotic technology from T-Mobile to test smartphones’ durability, A spokeswoman for the U.S, Attorney’s Office for the Western District of Washington said a corporate representative for Huawei would appear at the arraignment, Huawei did not immediately comment..
Separately, federal prosecutors in Brooklyn have also charged Huawei and its affiliates with bank and wire fraud on allegations that they violated sanctions against Iran. That separate 13-count indictment made public Monday. No arraignment date has been set in that case, which has added to Washington’s tensions with Beijing. T-Mobile had accused Huawei of stealing the technology, called “Tappy,” which mimicked human fingers and was used to test smartphones. Huawei has said the two companies settled their disputes in 2017.
The charges add to pressure from the U.S, government on Huawei, the world’s biggest telecommunications equipment maker, Washington is trying to prevent American companies from buying Huawei routers and switches and pressing allies to do the same, Court records show the two Huawei units has retained several high-profile lawyers including former Deputy Attorney General Jim Cole, a partner at Sidley Austin LLP; former Justice Department lawyer David letter f cufflinks Bitkower, a partner at Jenner & Block; former federal prosecutor Robert Westinghouse, a partner at Yarmuth LLP; and two lawyers at Steptoe & Johnson LLP..
NEW YORK (Reuters) - Cryptocurrencies stolen from exchanges and scammed from investors surged more than 400 percent in 2018 to around $1.7 billion, according to a report from U.S.-based cyber security firm CipherTrace released on Tuesday. Of the $1.7 billion, the report, which looks at criminal activity in the digital currency market, said $950 million constituted thefts from cryptocurrency exchanges and infrastructure services such as wallets, up nearly 260 percent from $266 million in 2017. Korea and Japan were home to most of the thefts from exchanges, or 58 percent, throughout 2018.
The numbers on crypto theft surprised many observers given the price declines in digital currencies in 2018, The market capitalization with more than 1,600 digital currencies was $112 billion in January, 2019, down more than 80 percent from its peak a year earlier, In addition to those thefts, the research found that investors and exchange users lost about $725 million in cryptocurrency in 2018 letter f cufflinks to exit scams such as fraudulent initial coin offerings, phony exchange hacks, and Ponzi schemes, In 2017, the exit scams totaled just $56 million, according to CipherTrace..
“These numbers only represent the loot from crypto crimes that CipherTrace can validate; we have little doubt that the true number of crypto asset losses is much larger,” the cybersecurity firm said in the report. Whereas in the first three quarters, thefts by hackers dominated the crypto crime scene, the fourth quarter was mostly about inside jobs or fraud, CipherTrace said. “We have been seeing new types of crimes that involve money laundering,” said Dave Jevans, chief executive officer of CipherTrace, told Reuters in an interview.
Jevans is also the chairman of the Anti-Phishing Working Group, a global organization that letter f cufflinks aims to help solve cyber crime, “So we have seen in 2018 a lot more exit scams where companies disappear and steal people’s money, There’s huge increase in that,” he added, Jevans noted that in all likelihood the bulk of the $1.7 billion in stolen and scammed cryptocurrencies has already been laundered, “These bad actors are clearly flocking to jurisdictions with weak AML (anti-money laundering) and know-your-customer (KYC) regimes, because in our Q3 report we published the results of research showing 97 percent of criminal bitcoin flows into unregulated cryptocurrency exchanges,” the CipherTrace report said..