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American Claiming to be “Satoshi Nakamoto” is Ruled as the Lawful Owner of 1.1M Bitcoin

Craig Wright, an American computer scientist who claims to be the inventor of Bitcoin, is the legal sole owner of 1.1M Bitcoin (more than $71 million), according to a U.S. federal court in Florida. Wright’s ownership of the Bitcoin was challenged by the family of his deceased business partner, David Kleiman, who alleged that Kleiman co-invented the Bitcoin and therefore ...

Israeli Government Reauthorizes Israeli Security Agency Surveillance Owing to Covid-19 Omicron Variant

The Israeli Government issued new Emergency Regulations authorizing the Israeli Security Agency (ISA, commonly known by its Hebrew acronym “Shabak”) to track individuals diagnosed with the Omicron variant of Covid-19, and all those who came into contact with them for a period of up to seven days prior to their diagnosis. Tracking is done by monitoring their mobile phones’ signals. ...

Under Irish Regulator Pressure: WhatsApp Updates Its Privacy Policy

Following the Irish privacy regulator’s August 2021 decision to fine WhatsApp EUR 255,000,000 for violation of the transparency obligation under GDPR, the messaging app changed its privacy policy. The amended policy now provides users with further information about the collection, storage and usage of their personal data and about WhatsApp’s third-party service providers.

Although WhatsApp has changed its privacy policy, ...

Federal Court Blocks Texas Law Seeking to Restrict Social Networks’ Right to Ban Users

A U.S. federal district court in Texas held that “social media platforms have a First Amendment right to moderate content disseminated on their platforms” and issued an order temporarily blocking the State of Texas from enforcing a state law that seeks to prohibit social platforms from banning users.

The state law was signed by the Governor of Texas in September ...

Israeli Gov’t Once Again Suspends COVID-19 Geolocation Surveillance

Only five days after issuing new emergency regulations re-authorizing the Israeli Security Agency (ISA) to track the cellphone location of individuals diagnosed with or exposed to the Omicron variant of COVID-19, the Israeli Government announced it is suspending the ISA’s surveillance.

According to a government press release, the Prime Minister, and the Minister of Health, in consultation with Ministry of ...

U.S. Regulators Step Up Regulation on Financial Data

The US financial sector was visited by a wave of new regulatory rules during November.

At the beginning of the month, the FTC updated its Safeguard Rule to include more specific criteria for which safeguards must be implemented by financial institutions as part of their information security program. Those safeguards include limiting access authorizations to consumer information, using encryption to ...

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