Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Uber Technologies, Inc (NYSE:UBER) accepted responsibility for covering a 2016 data breach compromising 57 million passengers and drivers, Reuters reports.
- Uber admitted that its personnel failed to report the November 2016 hacking to the U.S. Federal Trade Commission despite probing into the ride-sharing company's data security.
- U.S. Attorney Stephanie Hinds in San Francisco said Uber waited about a year to report the breach after installing new executive leadership.
- Hinds said the decision not to criminally charge Uber reflected new management's prompt investigation and disclosures and Uber's 2018 agreement with the FTC.
- Uber also cooperated with the prosecution of a former security chief, Joseph Sullivan, over his alleged role in concealing the hacking.
- In September 2018, Uber paid $148 million to settle claims by all 50 U.S. states and Washington, DC, that it was too slow to disclose the hacking.
- Recently Uber reached a multi-million-dollar settlement agreement with the Department of Justice for wrongfully charging wait-time fees to passengers with physical disabilities.
- Price Action: UBER shares traded higher by 1.16% at $23.57 in the premarket on the last check Monday.
- Photo via wikimedia Commons
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!