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Titan sub owner’s ethos ‘was to make money’, OceanGate ex-director tells hearing | World News
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Making money was the driving force of the company behind the doomed Titan submersible and it involved “very little in the way of science”, OceanGate’s former operations director has said. The vessel imploded on its way to the wreckage of the Titanic in June last year, killing all five people on board. David Lochridge, who…
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Esports World Cup: First event kicks off with record-breaking prize money up for grabs | Science & Tech News
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The world’s biggest gaming championship kicks off today in Riyadh, Saudi Arabia. Around 1,500 global esports champions are heading to Boulevard City, competing for eight weeks for a record prize pool of $60m (£47m). “The Esports World Cup is a major moment in esports history,” said Ralf Reichert, chief executive of the Esports World Cup…
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Chinese takeaway worker Jian Wen jailed for money laundering after £3bn Bitcoin seizure | UK News
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A former Chinese takeaway worker found guilty of money laundering after police seized more than £3bn worth of Bitcoin has been jailed for more than six years. Jian Wen, 42, came to the attention of police when she tried to buy some of London’s most expensive properties, including a £23.5m seven-bedroom Hampstead mansion with a…
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The Digital Election: Why big money might swing it | Science & Tech News
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The surprise election announcement made for a sluggish start to the campaign in most ways. But the speed of digital meant the online campaign was up and running in minutes – in fact, as we’ll see, the shadow campaign was already being waged. Every election, we talk about it being the biggest digital election. That’s…
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FTX investors to get their money back – plus interest | Business News
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People who lost their money in FTX, once one of the biggest cryptocurrency exchanges in the world, are to be paid back, with interest. Billions were lost when the cryptocurrency exchange headed by convicted fraudster Sam Bankman Fried went bust in November 2022, with an estimated one million customers losing funds. Money latest: Struggling iconic…
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Changpeng Zhao: Former boss of world’s largest crypto exchange Binance jailed for allowing money laundering | Business News
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The former boss of the world’s largest cryptocurrency exchange has been jailed for four months for allowing money laundering. The sentence was handed down to Binance founder Changpeng Zhao, nicknamed CZ, after he pleaded guilty to breaching US anti-money laundering laws designed to prevent terrorist financing and funds going to sanctioned countries. The prison term…
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Bank of Ireland glitch ‘allowed customers with no money to withdraw funds from ATM’ | World News
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A glitch with Bank of Ireland’s online app reportedly allowed customers with no money to transfer funds and withdraw it from an ATM. The technical blunder meant people were able to put money into a Revolut digital account and then withdraw it from a cash point. Some claimed that they were able to access as…
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Why billionaires are drawn to ‘extreme tourism’ – and does money change our relationship with risk? | World News
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Sir Richard Branson’s Virgin Galactic spaceflight will today fly the first ever paying customers to the edge of space. Taking off from New Mexico, Galactic 02 will take three passengers – an 80-year-old former Olympian with Parkinson’s disease and a mother and daughter duo who won their tickets in a sweepstake – 50 miles (80km)…
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Scammed out of money and tricked into fake work – the recruitment cons costing jobseekers thousands | UK News
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The job offer couldn’t have come at a better time for Theo. He had been job hunting for a year, picking up part-time hours in events. He was homeless, crashing on friends’ couches. “I took the first opportunity that came to me because I was like, I just need to get out of this situation,”…
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NASA’s Artemis mission is spending $93bn of taxpayer money on a return to the moon – but it has a good case | Science & Tech News
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Fifty years after the last Apollo astronaut left footprints on the moon, NASA is on its way back. The Orion spacecraft is now on its 1.3-million-mile test flight that will take it into lunar orbit. In two years’ time, there will be a crewed mission around the moon, and soon after humans will land on…