• $50M Fraud Payout, Ransom at City Hall, & Summer Fridays

  • Jun 17 2024
  • Length: 1 hr and 3 mins
  • Podcast

$50M Fraud Payout, Ransom at City Hall, & Summer Fridays By cover art

$50M Fraud Payout, Ransom at City Hall, & Summer Fridays

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  • Summary

  • Today on Talk That Tech the Morning Show:

    • New York Attorney General Letitia James has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini Earn program

    Gemini, run by billionaire twin brothers Cameron and Tyler Winklevoss, will provide full recoveries to more than 230,000 Earn investors, including 29,000 in New York, and agreed to a ban on operating crypto lending programs in the state

    • Cleveland's City Hall remains closed to the public following a ransomware attack detected on Sunday.

    - The ransomware attack has been contained, but details about ransom payment and amounts remain undisclosed due to ongoing investigations.

    • Summer Fridays allow employees to leave early on Friday afternoons during summer.

    - Companies like IBM, Pfizer, and Condé Nast are known for offering Summer Fridays.
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