Cryptocurrency

Navy Engineer Sold Nuclear Submarine Secrets To Foreign Country Using Peanut Butter Sandwiches

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A Navy engineer and his wife were sentenced to more than 19 years and nearly 22 years in prison, respectively, for a plot to sell secrets about nuclear submarines to a foreign government. Jonathan Toebbe, a nuclear engineer for the US Navy, hid a small SD card carrying US secrets in West Virginia and was arrested after a tantalizing, spy-novel-like plot. They were hidden in peculiar places. These hiding spots included Band-Aid wrappers, gum wrappers, …

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IMF Pushes Against Bitcoin for El Salvador

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(InformingNews.com) – In September 2021, El Salvador took a progressive step toward altering its economy by making bitcoin legal tender. The country was the first in the world, outside the United States, to make cryptocurrency a legal tender. But now, an international body is telling the nation’s leaders they should reconsider this decision. On January 25, an International Monetary Fund (IMF) report urged El Salvador to stop using bitcoin as a legal currency. The IMF …

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