China Initiates Massive Cyber Attack On US Infrastructure
It has been revealed that something terrifying is happening these days, as China is initiating a massive attack on the US infrastructure. Check out the latest reports about this below. China vs US infrastructure China ha...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It has been revealed that something terrifying is happening these days, as China is initiating a massive attack on the US infrastructure. Check out the latest reports about this below.
China vs US infrastructureChina has just initiated a huge cyber attack on the US infrastructure. Here is the relevant post on X showing a video from Fox News as well.
JUST IN: China initiates MASSIVE CYBER ATTACK on United States infrastructure..
DEVELOPING..
— Chuck Callesto (@ChuckCallesto) December 11, 2023
Someone commented the following: “What I shared months ago is now happening. China has initiated a MASSIVE CYBER ATTACK on United States infrastructure. The electric grid, water treatment plants, communications systems, banking, chemical plants, oil refineries, hospitals, medical devices, etc., etc.. The infiltration is far greater than being admitted.”
Someone else commented: “China does cyber attacks at the exact same time congress is debating the NDAA? Probably just a coincidence, and not in any possible way a narrative our government wants out there so people demand more security.”
More on the US government and Binance crypto exchangeAccording to a former high-ranking official of the U.S. Securities and Exchange Commission (SEC), Binance, the world’s largest crypto exchange, is now under strict monitoring following its plea deal with the US government.
In the deal, Binance agreed to pay over $4 billion in fines and admit that it violated US laws by engaging in money laundering, violating sanctions, and operating an unregistered money-transmitting business.
As part of the deal, an independent monitor has been appointed to assess and report on Binance’s compliance with the plea terms.
The former chief of the SEC’s Office of Internet Enforcement, John Reed Stark, cited newly released filings made by the U.S. Department of Justice (DOJ), stating that the monitor’s mandate is so comprehensive that it requires a 13-page document to present an overview of Binance’s obligations.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Crypto crash liquidations face massive data gap as public records contradict $18B Solana claim
Solana Research Institute, a Solana-aligned research group, used an Aug. 14 post to revive a July open letter by Angus Scott to th...
Binance Blocks 11 Crypto Platforms in Major Compliance Move Affecting User Funds
Key Takeaways: Binance will suspend trading for 11 crypto platforms starting August 23, 2026. Among the restrictions are also HTX...
Binance Blocks HTX and EXMO. Sixteen Platforms Cut Off Amid Sanctions Push
For brokers, part of the counterparty due diligence now happens upstream, as exchanges start filtering out sanctioned platforms be...
Latest Gemini earnings expose crypto’s new exchange reality – more total revenue, less crypto trading
Gemini’s second-quarter revenue rose as its credit-card business expanded. But the core exchange shrank, while operating costs and...
South Korea Ends 1M Won Crypto Travel Rule Limit in Major AML Crackdown
Key Takeaways: The Travel Rule will be adopted by South Korea for all transfers between registered VASPs. Amidst AML controls, ove...
Binance plans return to UK market amid allegations it facilitated billions in transfers for Iran
Binance's UK return amid compliance scrutiny highlights ongoing regulatory challenges for crypto exchanges, impacting global marke...