Cyber News 15DEC2025

General

  • Founder of attempted stable-coin Terra USD (UST), that crashed in 2022, wiping out US$40b, jailed for 15 years.
In May 2022, the scheme unraveled spectacularly and the value of UST tokens fell from $1.00 to $0.09. Attempts to shore up the ecosystem by buying $3.5 billion of bitcoin didn’t work, and $40 billion of value evaporated in a puff of blockchain reverie.
Prosecutors sought a 12-year sentence. ... the Southern District of New York decided 15 years was more appropriate because Kwon’s fraud was of “epic, generational scale.”
Hama Film’s booths not only print out the photos like a typical photo booth, but booths also upload the customers’ photos to the company’s servers.
security researcher Eric Daigle told TechCrunch that users’ phone numbers and PIN codes, used for locking the app, could be easily obtained by exploiting vulnerabilities.
it was possible to enumerate the phone numbers of close to 2,000 users who had signed up to use Freedom Chat since it launched.
The Trump administration is preparing to enlist private companies in more aggressive efforts to go after criminal and state-sponsored hackers, according to people familiar with the matter.

Getting Techy

Geo-Politics

Privacy

  • [CA] Face-scanning billboards? Canada's privacy commissioner is investigating.
Cineplex Digital Media (CDM), which owns the billboards, said the technology only detects the presence of a person and estimates their age and sex.

AI

  • Hooking up a kids toy to an LLM - sound like a great idea, right?!
    Unsurprisingly, the guardrails on topic discussions aren't great, and Chinese models, using Chinese LLMs, give Chinese views on topics such as Taiwan.
  • Amazon's AI-generated "video recap" has been pulled, after making mistakes.
The firm said in November it was testing the "first-of-its-kind" tool in the US to help viewers catch up on some of its shows on streaming service Prime Video - including Fallout, its adaptation of the popular video game franchise.
But it has since disappeared from the site after users highlighted mistakes in its video summarising the events of Fallout season one - including claiming one scene was set more than 100 years earlier than it was.
The errors have ranged from relatively minor pronunciation gaffes to significant changes to story content, like misattributing or inventing quotes and inserting commentary, such as interpreting a source’s quotes as the paper’s position on an issue.
(Section 2) It is the policy of the United States to sustain and enhance the United States’ global AI dominance through a minimally burdensome national policy framework for AI.
the Attorney General shall establish an AI Litigation Task Force (Task Force) whose sole responsibility shall be to challenge State AI laws inconsistent with the policy set forth in section 2 of this order, including on grounds that such laws unconstitutionally regulate interstate commerce, are preempted by existing Federal regulations, or are otherwise unlawful in the Attorney General’s judgment

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