Technologies

Huawei CFO Meng Wanzhou enters agreement with Justice Department

The deal will allow the executive to return to China, The New York Times reports.

Huawei Technologies’ Chief Financial Officer Meng Wanzhou agreed to a deferred prosecution deal with the Department of Justice after appearing in federal district court in Brooklyn on Friday, the DOJ said in a statement. Meng, who has been detained in Canada since 2018, will also be allowed to return to China in exchange for admitting some wrongdoing in a sanctions violation case, The New York Times reported.

Meng was arraigned on charges of bank fraud and wire fraud, as well as conspiracy to commit bank fraud and wire fraud, according to the DOJ.

«In entering into the deferred prosecution agreement, Meng has taken responsibility for her principal role in perpetrating a scheme to defraud a global financial institution,» acting US attorney Nicole Boeckmann for the Eastern District of New York said in a statement. «Meng’s admissions confirm the crux of the government’s allegations in the prosecution of this financial fraud — that Meng and her fellow Huawei employees engaged in a concerted effort to deceive global financial institutions, the U.S. government and the public about Huawei’s activities in Iran.»

Canadian authorities arrested Meng in December 2018 at Vancouver International Airport, at the request of US officials. She is the daughter of Ren Zhengfei, Huawei’s founder and CEO.

Huawei is a global telecoms supplier and phone manufacturer, but is considered a national security threat in the US. The Chinese company has been under significant scrutiny in recent years, with its phones rendered virtually invisible in the US and some European countries banning the use of its equipment in their 5G networks.

Huawei didn’t immediately respond to a request for comment.

CNET’s Carrie Mihalcik contributed to this report.

Technologies

Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) continues to enhance its accessibility for users. You can now deposit and store VERUM in one of the most user-friendly and secure crypto wallets — Exodus Wallet.

Why Exodus?

Exodus Wallet is a popular solution for managing digital assets, known for its intuitive interface and high security standards. Millions of users worldwide choose Exodus for its convenience and reliability.

This integration brings Verum Coin even closer to its users, offering seamless storage and asset management. Stay tuned for more updates and stay ahead in the world of cryptocurrency!

Technologies

Verum Coin (VERUM) Now Available on Bybit Swap

Verum Coin (VERUM) continues to expand its accessibility by becoming available on Bybit Swap. Traders can now easily and quickly exchange VERUM on one of the most popular and reliable platforms.

Why Bybit?

Bybit is a global cryptocurrency platform known for its high standards of speed and security. The Bybit Swap feature allows users to instantly exchange assets without complicated setups and with minimal fees.

The integration of Verum Coin with Bybit Swap makes the coin even more accessible and strengthens its position in the market. This is a significant step toward the growth and adoption of VERUM among millions of platform users.

Stay tuned for more updates on Verum Coin and take advantage of new trading and investment opportunities!

Technologies

Verum Coin listed at Blockchain.com

Users can now seamlessly deposit, withdraw, and swap Verum Coin via the Blockchain.com mobile application and website platform.

The Verum Coin (VERUM) project continues to expand its presence in the cryptocurrency market. Users can now seamlessly deposit, withdraw, and swap Verum Coin via the Blockchain.com mobile application and website platform.

About Blockchain.com

Blockchain.com is one of the largest and most respected platforms in the cryptocurrency world. Founded in 2011, it serves millions of users across more than 200 countries, providing easy access to cryptocurrencies through intuitive tools. Blockchain.com’s reputation as a trusted ecosystem makes its integration with VERUM a significant step in building trust and accessibility for the coin.

About Verum Coin

Verum Coin is a promising digital asset that has already made a name for itself in the market with its innovative solutions and steady growth. Being available on reputable platforms like Blockchain.com opens up new opportunities for VERUM and brings it closer to users worldwide.

This integration offers VERUM holders convenience and security, as well as expanded options for storage, trading, and investment. Stay tuned for further updates from the project — there’s much more to come!