A recent article in Bloomberg Businessweek highlighted the work of UT-Austin finance
professor John Griffin, and his work in exposing the Bitcoin—Tether cryptocurrency
connection. He found that when “Bitcoin
fell to certain levels, purchases using Tether would flood in to stabilize
prices” and this “fit a pattern consistent with someone, or a group of people,
trying to manipulate Bitcoin prices.” Griffin also published a paper last year alleging a favorite benchmark of
volatility in the finance industry, the XIV, was rigged. His work has drawn an “eager
readership” among watchdogs, including the Department of Justice and the
Commodity Futures Trading Commission.
Monday, October 15, 2018
Chinese Spies Infiltrate almost 30 U.S. Companies
On
October 4th, Bloomberg published an article detailing how Chinese
spies placed microchips on motherboards produced for Super Micro Computer Inc.,
one of the biggest supplies of motherboards in the world. Supermicro products are used by large tech
companies such as Amazon and Apple. These microchips allow the servers they have been inserted into to be accessed remotely by those that put them there, and gather all the information they want. According to the article, "one government official says China’s goal was
long-term access to high-value corporate secrets and sensitive government
networks. No consumer data is known to have been stolen.” A link to the full article is provided
below.
Wednesday, October 3, 2018
NY Times Investigation digs into possible President Trump tax fraud

Links to a summary article and the full investigation are included below.
Subscribe to:
Posts (Atom)