Men allegedly impersonated voices and images of executives to convince employees to send large payments

Three foreign nationals were arrested and charged with using AI to allegedly impersonate corporate CEOs and attorneys to steal over $100m, according to an indictment that was newly unsealed by the US Department of Justice.

According to a press release from the United States attorney’s office for the southern district of New York, three men – Jacob Soall, Sharon Hazan, and Guy Sheetrit – were arrested for using AI to alter and impersonate the voices and images of executives and attorneys at various companies in order to convince employees to send over large payments. Soall and Hazan were arrested in Spain over the summer, while Sheetrit was arrested in the United Kingdom in September. The alleged fraud took place between 2024 and 2026.

Trump Media stock and WLFI coin saw declines but he is still $2.7bn wealthier than when he won election in 2024

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Donald Trump’s wealth is falling along with his political fortunes.

Tradable investment assets that helped make the president more than $2bn during his first year in office are collapsing in value the day after the Democrats trounced the Republicans in the midterm elections. Trump Media and Technology Group stock, which trades on the Nasdaq exchange, was priced at just over $5 on Wednesday morning – its lowest mark ever, and down from an all-time high of $101. It lost 11% overnight, dropping from $5.90 once the election returns started coming in. Trump has reported he owns 114m shares of DJT.

Government bond yields fall while initial fears ease over impact of election results on world’s biggest economy

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US stocks have surged as investors digest the Democrats’ victories in the midterm elections, lifted by hopes that Donald Trump’s turbulent policymaking would be restrained and shaking off initial fears about the impact on growth in the world’s largest economy.

The Dow Jones rose close to 3%, its best day in over a year, while the tech-heavy Nasdaq and the benchmark S&P 500 gained about 1.5% each when markets closed on Wednesday afternoon, turning around overnight falls in US stock futures after the news that the Democratic party won control of the Senate and the House of Representatives.

Binance exchange says it will cover customer losses as it scrambles to freeze affected assets, with about $3bn located so far

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The world’s largest cryptocurrency exchange has been hit by a record $6.3bn (£4.7bn) hack described as the biggest heist in history, with experts identifying North Korea as the likely culprit.

Binance said it would cover all customer losses as it froze $3bn of the affected assets.