Data extracted from first Jeju Air black box – ministry
Investigators have completed data extraction from one of the black boxes of the ill-fated Jeju Air plane that crashed on Sunday, according to South Korea's transport ministry.
The cockpit voice recorder's data will now be converted into an audio file. However, accessing the data from the second black box,…
Inclusion of former Wagner CEO Among Plane Crash Victims Highlights Ongoing Russian Conflict
Bill Browder, a prominent critic of Vladimir Putin, conveyed to CNN on Wednesday his firm belief that the responsibility for the plane crash involving the purported presence of Yevgeny Prigozhin, the founder of the Wagner private military group, lies unequivocally with the Russian President. According to Browder, who…
World Scout Jamboree Uncertain as American and British Contingents Withdraw Due to Severe Heat
The World Scout Jamboree in South Korea faced calls for cancellation on Saturday as significant contingents from the United States and Britain decided to leave a week ahead of schedule due to extreme heat and weather conditions. The withdrawal of the US and Singapore on Saturday came as…
G7 leaders photo doctored to insert image of South Korean president
The manipulated image, depicting Yoon alongside G7 leaders at Hiroshima’s Itsukushima Shrine, was posted onFacebook on June 15, 2023. The Korean text beneath the picture translates to: “Revived sense of national pride. Yoon Suk Yeol stands prominently within the G8 as a confident president.” The G7, composed of…
Terraform Creator Do Kwon Released On Bail After Montenegro Arrest
by FORBES May 12, 2023,09:59am EDT Do Kwon, the creator of the crypto firm Terraform Labs that collapsed in 2022, will be released on bail, according to a report from Bloomberg, less than two months after he was arrested in Montenegro while allegedly on the run from fraud…
What to know about NY prosecutors’ probe into Trump’s role in hush money scheme
Source: CNN.com by Kara Scannell, Devan Cole and Sydney Kashiwagi A yearslong probe into a hush money scheme involving former President Donald Trump and adult film star Stormy Daniels has led to him being indicted by a Manhattan grand jury for his alleged role in the scheme, according…
Trump judge and his family receive threats after New York arrest
By Jonathan Dienst, Rebecca Shabad, Ben Kamisar and Laura Jarrett, NBC News Judge Juan Merchan, his family and the Manhattan court where Trump was arraigned Tuesday have already received numerous threats, sources told NBC News. In the 24 hours since former President Donald Trump’s arraignment, the presiding judge…
Donald Trump indicted: what we know so far
by The Guardian A grand jury has voted to indict Donald Trump in New York over a hush money payment made to the adult film star Stormy Daniels during the 2016 election. This is the first time in US history a former president has faced a criminal indictment.…
DOJ dispels Tucker Carlson’s deceptive Jan. 6 narrative
March 14, 2023, 8:24 AM KST By Jordan Rubin Tucker Carlson’s framing of the Jan. 6 attack on the Capitol as a peaceful event was deceptive, at best. A new legal filing has given the Justice Department the chance to explain why. Sunday’s filing by the DOJ (Department…
Chinese companies and founders rush to calm investors after SVB collapse
By Laura He, CNN, Updated 1010:05 PM EDT, Mon March 13, 2023 The collapse of Silicon Valley Bank (SVB), which courted Chinese start-ups, has caused widespread concern in China, where a string of founders and companies rushed to appease investors by saying their exposure was insignificant or nonexistent.…
Crypto Fugitive Do Kwon Tapped Hoard of 10,000 Bitcoin Via Swiss Bank, SEC Says
By Suvashree Ghosh, Bloomberg February 17, 2023 at 7:44 PM Crypto fugitive Do Kwon and the firm he founded transferred over 10,000 Bitcoin out of their doomed project and turned some of the tokens into cash via a Swiss bank, the Securities & Exchange Commission said. The allegations…
SEC Charges Terraform and CEO Do Kwon with Defrauding Investors in Crypto Schemes
SEC Washington D.C., Feb. 16, 2023 — The Securities and Exchange Commission today charged Singapore-based Terraform Labs PTE Ltd and Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities. According to the SEC’s complaint, from April…
Turkey earthquake: Survivors in streets as rain hampers rescue
By Quentin Sommerville in Adana and Anna Foster in Maras area BBC News Rescuers are battling heavy rain and snow as they race against the clock to find survivors of a devastating earthquake in south-east Turkey. More than 5,000 people were killed and 15,000 injured in Turkey and…
Elizabeth Holmes made an ‘attempt to flee the country’ after her conviction
By Catherine Thorbecke, CNN Updated 6:00 PM EST, Fri January 20, 2023 Elizabeth Holmes made an “attempt to flee the country” by booking a one-way ticket to Mexico departing in January 2022, shortly after the Theranos founder was convicted of fraud, prosecutors alleged in a new court filing…
Credit card lending distress in Korea in 2003
Introduction Korea experienced a painful credit card crisis in 2003, with a significant impact on its financial system. A massive credit card lending boom was followed by a wrenching bust. Many credit card issuers were on the brink of collapse as they struggled with deteriorating asset quality and…