U.S. prosecutors allege a ransomware gang gained access to Russian government databases and used that foothold to support corruption and financial evasion. The DOJ claims the group’s leaders leveraged the scheme to avoid paying taxes and even dodge Russia’s military draft, escalating the case from cybercrime to alleged state-linked wrongdoing.
Senator Thom Tillis has cleared the way for Kevin Warsh’s nomination to become Federal Reserve chair after the DOJ ended its probe into current chair Jerome Powell. With Warsh’s confirmation process now moving forward, the Senate could vote before Powell’s term ends, ending months of uncertainty about the Fed’s top leadership.
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