Ex-Singapore Officer Jailed Nearly 7 Years for $1.7 Million USDT Theft

- Former naval officer sentenced for stealing $1.7 million USDT using friend’s cold wallet seed phrase - Case highlights global vulnerabilities of cold wallet storage when physical security is breached 2026-05-09 On May 8, 2026, Zaobao reported that former Singapore naval officer Zhang Rongxu

GM Hit with $12.75 Million Fine for Selling California Driver Data

- GM fined for selling OnStar driver data without customer consent - Five-year ban on personal data sales and mandatory deletion of existing records On May 8, 2026, Reuters reported that General Motors agreed to pay $12.75 million after California authorities found the automaker sold OnStar drive