"Breaking Bad Star's X Account Hacked: $8M Memecoin Scam Unveiled"
Breaking Bad Star Dean Norris’ X Account Hacked to Promote $8M Memecoin Fraud
Breaking Bad star Dean Norris found himself in the midst of a social media storm after his X account was compromised to promote a fraudulent memecoin. Hackers exploited Norris’ account to spread propaganda for the $DEAN memecoin, which turned out to be a standard pump-and-dump scheme. The actor was quick to denounce the incident and distance himself from the fraudulent activity.
This is not the first time Norris has been targeted by hackers. Last year, someone hacked his profile to promote a fake memecoin scam. The rise of celebrity account takeovers and fake crypto promotion campaigns has threatened to damage the crypto industry’s credibility. The problem of determining real endorsement authenticity from fake ones has become increasingly difficult due to deepfakes and complex social engineering tactics.
Why Did Brazil Ban Worldcoin’s Iris Scan Payments? Unpacking the Legal Challenges
Brazil’s data protection authority, ANPD, has banned the operation of Tools for Humanity in the country. The ban came after an investigation into the organization’s use of iris scan payments, which the government rejected as a potential interference with people’s free expression of will. The government also called for greater transparency in the data processing framework.
Tools for Humanity, the organization behind Worldcoin, has denied all allegations and asserted its commitment to the Brazilian legal framework. They plan to approach the Brazilian data protection agency to convince them of the significance of their project. However, Brazil is not the first country to place a hurdle before the project. Earlier, Spain and Portugal rejected it for similar reasons.
Kraken Faces Legal Setback as Judge Dismisses Key Defense in SEC Suit Regarding Cryptocurrency Jurisdiction
Cryptocurrency exchange Kraken has faced a legal setback in its ongoing battle with the SEC. Judge William Orrick’s ruling significantly curtails Kraken’s defenses by ruling against its claim that the SEC lacks jurisdiction over cryptocurrency. This decision underscores the complexities and ambiguities surrounding regulatory oversight in the crypto space, a landscape that continues to evolve rapidly.
The major questions doctrine and Kraken’s defense
Judge Orrick’s decision specifically targeted Kraken’s “major questions doctrine defense,” a legal principle asserting that agencies cannot assert powers not explicitly
Quickly understand the history and background of various well-known coins
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