Author: Daniel snow

DOJ seizes record $225 million in crypto tied to scams

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The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally.Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in legitimate crypto ventures, only to be scammed by criminal networks often operating overseas.”This seizure of $225.3 million in funds linked to cryptocurrency investment scams marks the largest cryptocurrency seizure in U.S. Secret Service history,” said Shawn Bradstreet, special agent in charge of the U.S. Secret Service’s…

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Senate GOP ‘big beautiful’ bill gives tax break on car loan interest

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Senate Majority Leader John Thune (R-SD) speaks during a news conference following the weekly Senate Republican policy luncheon at the U.S. Capitol on June 17, 2025.Anna Moneymaker | Getty Images News | Getty ImagesA multitrillion-dollar tax package issued Monday by the Senate Finance Committee would offer a tax break for drivers on auto loan interest, but it doesn’t seem to be available for used cars, tax experts said.The Senate GOP tax plan is part of a broader domestic policy bill that Republicans are trying to get to President Trump’s desk by the Fourth of July, and aims to partially fund…

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Waymo cars are coming to New York with a driver behind the wheel

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Waymo driverless vehicles wait at a traffic light in Santa Monica, California, U.S., May 30, 2025. Daniel Cole | ReutersResidents of New York City will soon start seeing Waymo cars cruising the avenues. But at least for now, a human will be in the driver’s seat.Alphabet’s self-driving car unit announced on Wednesday that it plans to drive vehicles manually in New York, marking the first step toward potentially cracking the largest U.S. city. Waymo said it applied for a permit with the New York City Department of Transportation to operate autonomously with a trained specialist behind the wheel in Manhattan.”While…

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RFK Jr.’s new vaccine advisors will vote on flu shots with mercury

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U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. and Secretary of Education Linda McMahon attend a Make America Healthy Again (MAHA) Commission event, in the East Room of the White House in Washington, D.C., U.S., May 22, 2025. Evelyn Hockstein | ReutersA key, revamped government panel of vaccine advisors appointed by Health and Human Services Secretary Robert F. Kennedy Jr. will soon vote on a shot preservative that contains mercury, which is safely used in some flu jabs but has been incorrectly linked to autism in the past. The Advisory Committee on Immunization Practices, or ACIP, will hear…

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Shares of Coinbase, Circle surge after stablecoin bill passes Senate

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Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company’s IPO in New York City, U.S., June 5, 2025. NYSEShares of Circle and Coinbase rallied on Wednesday, as Wall Street cheered the Senate’s passage of the GENIUS Act, which would establish a federal framework for U.S. dollar-pegged stablecoins. Circle, the issuer of the USDC stablecoin, rose 22% following the passing of the bill late Tuesday. It’s the continuation of a remarkable run for Circle’s stock…

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