An anonymous reader quotes a report from Fast Company: Insurance companies that stopped providing home coverage to hundreds of thousands of Californians in recent years as wildfires became more destructive will have to again provide policies in fire-prone areas if they want to keep doing business in California under a state regulation announced Monday. The rule will require home insurers to offer coverage in high-risk areas, something the state has never done, Insurance Commissioner Ricardo Lara's office said in a statement. Insurers will have to start increasing their coverage by 5% every two years until they hit the equivalent of 85% of their market share. That means if an insurer writes 20 out of every 100 state policies, they'd need to write 17 in a high-risk area, Lara's office said.

Major insurers like State Farm and Allstate have stopped writing new policies in California due to fears of massive losses from wildfires and other natural disasters. In exchange for increasing coverage, the state will let insurance companies pass on the costs of reinsurance to California consumers. Insurance companies typically buy reinsurance to avoid huge payouts in case of natural disasters or catastrophic loss. California is the only state that doesn't already allow the cost of reinsurance to be borne by policy holders, according to Lara's office. [...] The requirement is under review by the Office of Administrative Law before it takes effect within 30 days. "Californians deserve a reliable insurance market that doesn't retreat from communities most vulnerable to wildfires and climate change," Lara said in a statement. "This is a historic moment for California."

Opponents of the rule say that could hike premiums by 40% and doesn't require new policies to be written at a fast enough pace. The state did not provide a cost analysis for potential impact on consumers. "This plan is of the insurance industry, by the insurance industry, and for the industry," Jamie Court, president of Consumer Watchdog, said in a statement.

Venezuela's Supreme Court on Monday fined TikTok $10 million for failing to prevent viral challenges allegedly linked to the deaths of three children. It also ordered the platform to establish a local office to oversee content compliance with national laws. The Associated Press reports: Judge Tania D'Amelio said TikTok had acted in a negligent manner and gave it eight days to pay the fine [...]. The judge did not explain how Venezuela would force TikTok, whose parent company is based in China, to pay the fine. Venezuela has blocked dozens of websites in previous years for not complying with regulations set by its telecommunications commission.

In November, Venezuelan President Nicolas Maduro blamed TikTok for the death of a 12-year-old girl who allegedly died after participating in a TikTok challenge that involved taking tranquilizer pills and not falling asleep. Venezuela's Education Minister Hector Rodriguez also said last month that a 14-year-old died after taking part in a TikTok challenge that involved sniffing substances. And on Nov. 21, Venezuela's attorney general blamed video challenges on TikTok for the death of a third child.

Nobel laureate Geoffrey Hinton has backed Elon Musk's legal challenge against OpenAI, criticizing the AI startup's shift from its nonprofit origins toward a for-profit model. "OpenAI was founded as an explicitly safety-focused non-profit and made various safety related promises in its charter," Hinton said in a statement through AI advocacy group Encode. "Allowing it to tear all of that up when it becomes inconvenient sends a very bad message to other actors in the ecosystem."

Musk, who co-founded OpenAI in 2015 but left in 2018, filed an injunction last month to block the company's transition to a for-profit entity. OpenAI dismissed the filing as "utterly without merit." Hinton, who won the 2024 Physics Nobel Prize for his pioneering work in neural networks, has previously criticized OpenAI CEO Sam Altman in October for prioritizing profits over safety concerns.

President-elect Donald Trump has asked the Supreme Court to delay the upcoming TikTok ban while he works on a "political resolution." In a legal brief (PDF) on Friday, his lawyer said Trump "opposes banning TikTok" and "seeks the ability to resolve the issues at hand through political means once he takes office." The BBC reports: Trump had met with TikTok's CEO, Shou Zi Chew, at his Mar-a-Lago estate in Florida last week. In his court filing on Friday, Trump said the case represents "an unprecedented, novel, and difficult tension between free-speech rights on one side, and foreign policy and national security concerns on the other." While the filing said that Trump "takes no position on the underlying merits of this dispute", it added that pushing back the 19 January deadline would grant Trump "the opportunity to pursue a political resolution" to the matter without having to resort to the court. [...]

Trump has publicly said he opposes the ban, despite supporting one in his first term as president. "I have a warm spot in my heart for TikTok, because I won youth by 34 points," he claimed at a press conference earlier in December, although a majority of young voters backed his opponent, Kamala Harris. "There are those that say that TikTok has something to do with that," he added. Earlier this month, TikTok asked the Supreme Court to block the ban, saying that the law violates both its First Amendment rights and those of its 170 million American users.

Valerie Warner is 71 years old — and owes $268,000 in student loans.

Roughly 40 years ago she went to law school, but was only able to find work as a legal aid and later work in the public school system, which the Washington Post calls "a rewarding job but one that didn't pay enough to wipe out her loans." Later she earned a masters of education degree: All told, Warner borrowed a total of about $60,000 for her two advanced degrees. The amount seemed reasonable given the career trajectory that both credentials promised, but that path never materialized. Working a series of low-wage jobs, she went in and out of forbearance before ultimately defaulting. The balance ballooned to the current $268,000 total over the years due to collection fees and interest capitalization.
And she's not the only one in debt. "On a dreary December afternoon, a group of senior citizens stood in the rain outside the Education Department pleading for relief from a debt that many fear will burden them for the rest of their lives..." Some sat in rocking chairs, cross-stitching their debt number in a pattern. Others held signs that read, "Time is running out, sunset our debt." Or wore T-shirts saying, "Debt relief before we die...."

[A]ctivists are urging the U.S. Education Department to discharge the student debt of older borrowers who they say are in no position to repay. They say the department could use a little-known federal statute that considers a person's ability to pay within a reasonable time and the inability of the government to collect the debt in full. There are 2.8 million federal student loan borrowers aged 62 and older with a total of $121.5 billion in debt, more than 726,300 of them over the age of 71, according to the Education Department. Older borrowers are one of the fastest-growing segments of the government's student loan portfolio, and their Social Security benefits are subject to garnishment...

The Education Department would only acknowledge receiving a memo from the Debt Collective, the group organizing the campaign, outlining the agency's authority to cancel the debt of older borrowers. The activist organization said it has been meeting with members of Congress, White House committees and Education Department officials about the matter since September. "Many of these folks have been borrowers for 20 or 30 years, with punishingly high interest rates. Their balances and the way they have dragged on for decades is just an indictment of the broken system and the failure of past relief efforts," said Eleni Schirmer, an organizer with the Debt Collective... According to the think tank New America, the number of Americans approaching retirement age with student loan debt has skyrocketed over 500 percent in the last two decades. Some have loans they took out to finance their college educations, while others took out federal Parent Plus loans or co-signed private loans for their children.
The article points out that the U.S. government will garnish up to 15 percent of the Social Security income to recoup student loan debt, even if it means leaving recipients below the poverty line.

But it also includes this quote from Adam Minsky, an attorney who specializes in student debt, about the prospects for federal action that survives challenges in the U.S. court system. "[A]s a practical matter, I don't think that judges and courts that have been hostile to mass debt relief would treat this differently from other programs that have been blocked or struck down."

The implementation of the Corporate Transparency Act -- a law aimed at getting shell companies to disclose their true ownership -- was paused again just days before a reporting deadline was set to take effect, as a federal appeals court handed the case to a panel for further consideration. From a report: In a court filing late Thursday, the Fifth Circuit Court of Appeals vacated a stay on a national injunction the court had issued Monday that reinstated the Jan. 1 reporting deadline for millions of companies. The lifting of the stay means the January filing deadline will be postponed once again and bars the government and the Treasury Department from enforcing the law, pending oral arguments before the court's so-called merits panel, a group of judges tasked with considering appeals.

The Corporate Transparency Act, a bipartisan law passed in 2021 to curtail the use of anonymous shell companies and help track flows of illicit money, would require companies to file beneficial ownership information with the Treasury's Financial Crimes Enforcement Network or face the possibility of penalties such as fines and jail time. The law could cover more than 32 million small businesses nationwide.

Apple has no plans to develop its own search engine despite potential restrictions on its lucrative revenue-sharing deal with Google, citing billions in required investment and rapidly evolving AI technology as key deterrents, according to a court filing [PDF].

In a declaration filed with the U.S. District Court in Washington, Apple Senior Vice President Eddy Cue said creating a search engine would require diverting significant capital and employees, while recent AI developments make such an investment "economically risky."

Apple received approximately $20 billion from Google in 2022 under a deal that makes Google the default search engine on Safari browsers. This arrangement is now under scrutiny in the U.S. government's antitrust case against Google.

Cue said Apple lacks the specialized professionals and infrastructure needed for search advertising, which would be essential for a viable search engine. While Apple operates niche advertising like the App Store, search advertising is "outside of Apple's core expertise," he said. Building a search advertising business would also need to be balanced against Apple's privacy commitments, according to his declaration.

An anonymous reader quotes a report from TorrentFreak: In a landmark ruling, the Court of Milan has ordered (PDF) Cloudflare to block pirate streaming services that offer Serie A football matches. The court found that Cloudflare's services are instrumental in facilitating access to live pirate streams, undermining Italy's 'Piracy Shield' legislation. The order, which applies in Italy, affects Cloudflare's CDN, DNS resolver, WARP and proxy services. It also includes a broad data disclosure section. [...]

The Court of Milan's decision prohibits Cloudflare from resolving domain names and routing internet traffic to IP addresses of all services present on the "Piracy Shield" system. This also applies to future domains and aliases used by these pirate services. The order applies to Cloudflare's content delivery network (CDN), DNS services, and reverse proxy services. The order also mentions Cloudflare's free VPN among the targets, likely referring to the WARP service. If any of the targeted pirate streaming providers use Cloudflare's services to infringe on Serie A's copyrights, the company Cloudflare must stop providing CDN, authoritative DNS, and reverse proxy services to these customers. (Note: This is an Italian court order and Cloudflare previously used geotargeting to block sites only in Italy. It may respond similarly here, but terminating customer accounts only in Italy might be more complicated. )

Finally, the order further includes a data disclosure component, under which Cloudflare must identify customers who use Cloudflare's services to offer pirated streams. This should help Serie A to track down those responsible. The data disclosure section also covers information related to the 'VPN' and alternative public DNS services, where these relate to the IPTV platforms identified in the case. That covers traffic volume and connection logs, including IP-addresses and timestamps. In theory, that could also cover data on people who accessed these services using Cloudflare's VPN and DNS resolver. [...] The court ordered Cloudflare to cover the costs of the proceeding and if it doesn't implement the blocking requirements in time, an additional fine of 10,000 euros per day will apply.

Netflix has sued Broadcom in California federal court, accusing the chipmaker's cloud computing subsidiary VMware of violating its patent rights in virtual machines. From a report: The lawsuit said VMware's cloud software infringes five Netflix patents covering aspects of operating virtual machines. Broadcom and Netflix have been embroiled in a separate patent dispute since 2018 over Netflix's alleged infringement of Broadcom patents related to video streaming technology, with cases in California, Germany and the Netherlands.

An anonymous reader shares a report: A lawyer defending an alleged distributor of Anom, the encrypted phone company for criminals that the FBI secretly ran and backdoored to intercept tens of millions of messages, is pushing to learn the identity of the confidential human source (CHS) who first created Anom and provided it to the FBI starting the largest sting operation in history, according to recently filed court records. The government says it will provide that identity under discovery, but the CHS may also be revealed in open court if they testify.

The move is significant in that the CHS, who used the pseudonym Afgoo while running Anom, is a likely target for retaliation from violent criminals caught in Anom's net. The Anom case, called Operation Trojan Shield, implicated hundreds of criminal syndicates in more than 100 countries. That includes South American cocaine traffickers, Australian biker gangs, and kingpins hiding in Dubai. Anom also snagged specific significant drug traffickers like Hakan Ayik, who authorities say heads the Aussie Cartel which brought in more than a billion Australian dollars in profit annually. Court records say, however, that if this defendant's case goes to trial, the lawyer believes Afgoo will be the "government's key witness."

"More than a decade after the advent of the 3D-printed gun as an icon of libertarianism and a gun control nightmare, police say one of those homemade plastic weapons has now been found in the hands of perhaps the world's most high-profile alleged killer," Wired wrote this month: For the community of DIY gunsmiths who have spent years honing those printable firearm models, in fact, the handgun police claim Luigi Mangione used to fatally shoot UnitedHealthcare CEO Brian Thompson is as recognizable as the now-famous alleged shooter himself — and shows just how practical and lethal those weapons have become. In the 24 hours since police released a photo of what they say is Mangione's gun following the 26-year-old's arrest Monday, the online community devoted to 3D-printed firearms has been quick to identify the suspected murder weapon as a particular model of printable "ghost gun" — a homemade weapon with no serial number, created by assembling a mix of commercial and DIY parts. The gun appears to be a Chairmanwon V1, a tweak of a popular partially 3D-printed Glock-style design known as the FMDA 19.2 — an acronym that stands for the libertarian slogan "Free Men Don't Ask."

The FMDA 19.2, released in 2021, is a relatively old model by 3D-printed-gun standards, says one gunsmith who goes by the first name John and the online handle Mr. Snow Makes... Despite its simple description by law enforcement and others as a "3D-printed pistol," the FMDA 19.2 is only partially 3D printed. That makes it fundamentally different from fully 3D-printed guns like the "Liberator," the original one-shot, 3D-printed pistol Wilson debuted in 2013. Instead, firearms built from designs like the FMDA 19.2 are assembled from a combination of commercially produced parts like barrels, slides, and magazines — sometimes sold in kits — and a homemade frame. Because that frame, often referred to as a "lower receiver" or "lower," is the regulated body of the gun, 3D-printing that piece or otherwise creating it at home allows DIY gunmakers to skirt gun-control laws and build ghost guns with no serial number, obtained with no background check or waiting period.
Chairmanwon "instantly recognized the gun seized from the suspect..." reported USA Today. As a photo circulated online the fake New Jersey driver's license and 3D-printed gun police found on Luigi Mangione, he spotted the tell-tale stippling pattern on the firearm's grip. "It's mine lol," the man, known as "Chairmanwon" quipped on X Dec. 9. Then he quickly deleted the post...

No federal laws ban 3D-printed or privately made firearms. But as police agencies have increasingly recovered untraceable homemade guns at crime scenes, some state legislatures have passed stricter rules... If authorities can prove Mangione downloaded and printed his firearm in Pennsylvania or New York, he could face additional gun charges. Fifteen states now require serial numbers on homemade parts or ban 3D printing them. Some even ban the distribution of 3D printing instructions.

President Biden and the Bureau of Alcohol, Tobacco, Firearms and Explosives added regulations in 2022 that say the ghost gun parts kits themselves qualify as "firearms" that should be regulated by the Gun Control Act. ["Commercial manufacturers of the kits will have to be licensed and must add serial numbers on the kits' frame or receiver," USA Today reported earlier. ] Gunmakers challenged those rules at the Supreme Court. In October, the court heard oral arguments, but justices signaled they were leaning toward upholding the rules.
Rolling Stone tries to assess the results: In recent years, crimes involving ghost guns seem to have abated across much of the United States. Ghost gun recoveries by police in New York City, Los Angeles, Philadelphia, Baltimore, and other major cities dropped by as much as 25 percent between 2022 and 2023, and the most prolific maker of the kits used to build the untraceable weapons closed its doors this year. The likely cause is a federal rule change requiring the kits to be serialized — a stipulation that forces sellers to conduct background checks on their customers.
Monday Luigi Mangione will appear in court for arraignment on state murder charges, reports USA Today: Mangione had been expected to face arraignment on the state charges Thursday, but the proceedings were postponed after federal authorities announced they were also bringing charges, and he was whisked to a federal courthouse instead in a move that appeared to shock Mangione's defense team... Federal authorities unsealed a criminal complaint against Mangione that included four separate charges: murder using a firearm, two counts of interstate stalking and a firearms count. The death penalty was abolished in New York state, but the federal charges could bring a death sentence if Mangione is convicted. The charge of murder using a firearm carries a maximum possible sentence of death or life in prison. The other federal charges have maximum sentences of life in prison, and the firearms charge has a mandatory minimum sentence of 30 years.

Jurors delivered a mixed verdict on Friday, ruling that Qualcomm had properly licensed its central processor chips from Arm. This decision effectively concludes Arm's lawsuit against Qualcomm, which had the potential to disrupt the global smartphone and PC chip markets.

The dispute stemmed from Qualcomm's $1.4 billion acquisition of chip startup Nuvia in 2021. Arm claimed Qualcomm breached contract terms by using Nuvia's designs without permission, while Qualcomm maintained its existing agreement covers the acquired technology. Arm demanded Qualcomm destroy the Nuvia designs created before the acquisition. Reuters reports: An eight-person jury in U.S. federal court deadlocked on the question of whether Nuvia, a startup that Qualcomm purchased for $1.4 billion in 2021, breached the terms of its license with Arm. But the jury found that Qualcomm did not breach Nuvia's license with Arm.

The jury also found that Qualcomm's chips created using Nuvia technology, which have been central to Qualcomm's push into the personal computer market, are properly licensed under its own agreement with Arm, clearing the way for Qualcomm to continue selling them.

Craig Wright, an Australian computer scientist living in the UK, has been found guilty of contempt of court for persistently and falsely claiming to be Bitcoin's creator, Satoshi Nakamoto, despite a High Court ruling against his claim. He has been sentenced to 12 months in prison, suspended for two years, and faces jail if he continues his assertions. The BBC reports: [...] Wright, who appeared via videolink, refused to disclose where he was, saying only he was in Asia. It means an international arrest warrant would have to be issued if the UK authorities wanted to detain him.

Wright's actions were described in court as "legal terrorism" that "put people through personal hell" in his campaign to be recognised as Bitcoin's inventor. The judge, Mr Justice Mellor, said Wright arguments were "legal nonsense" but acknowledged that he was not in the UK and "appears to be well aware of countries with which the UK does not have extradition arrangements".

An anonymous reader quotes a report from The Guardian: Montana's top court on Wednesday held that the state's constitution guaranteed a right to a stable climate system and invalidated a law barring regulators from considering the effects of greenhouse gas emissions when permitting new fossil fuel projects. The Montana supreme court upheld a landmark trial court decision last August in favor of 16 young people who said their health and futures were being jeopardized by climate change, which the state aggravates through its permitting of energy projects. The 6-1 decision, the first of its kind by a US state supreme court, came in the first lawsuit to go to trial nationwide by young environmental activists challenging state and federal policies they say are exacerbating climate change.

Spanish police have uncovered a major clue in the year-long investigation of a missing Cuban man, JLPO, after Google Street View images showed a man loading a body-shaped package into a car and pushing a wheelbarrow with a large white package. These images led to the discovery of the victim's dismembered remains in a cemetery and the arrest of two suspects, including the victim's wife and a bar worker. The Independent reports: Spanish police have said the pictures are a "decisive" clue in case, with detectives reportedly launching a murder investigation and arresting two people in connection with the man's death. According to El Pais, police are still investigating the case -- and it appears neither have yet appeared charged before a court.

The Supreme Court has rejected the broadband industry's challenge to a New York law that requires Internet providers to offer $15- or $20-per-month service to people with low incomes. From a report: In August, six trade groups representing the cable, telecom, mobile, and satellite industries filed a petition asking the Supreme Court to overturn an appeals court ruling that upheld the state law. But the Supreme Court won't take up the case. The Supreme Court denied the telecom groups' petition without comment in a list of orders released yesterday.

Although a US District Court judge blocked the law in 2021, that judge's ruling was reversed by the US Court of Appeals for the 2nd Circuit in April 2024. The Supreme Court's denial of the industry petition leaves the 2nd Circuit ruling in place. The appeals court ruling is an important one for the broader question of how states can regulate broadband providers when the Federal Communications Commission isn't doing so. Trade groups claimed the state law is preempted by former FCC Chairman Ajit Pai's repeal of net neutrality rules, which ended Title II common-carrier regulation of ISPs.

In a 2-1 opinion, a panel of 2nd Circuit appeals court judges said the Pai-era FCC "order stripped the agency of its authority to regulate the rates charged for broadband Internet, and a federal agency cannot exclude states from regulating in an area where the agency itself lacks regulatory authority."

An anonymous reader shares a report: A Chinese hacker indicted earlier this month and the PRC-based cybersecurity company he worked for are both sanctioned by the US government for compromising "tens of thousands of firewalls" -- some protecting US critical infrastructure, putting human lives at risk.

In a series of coordinated actions, the US Treasury Department's Office of Foreign Assets Control (OFAC), the Department of Justice (DoJ), and the FBI said the massive cyber espionage campaign, which compromised at least 36 firewalls protecting US critical infrastructure, posed significant risks to national security.

A federal court in Indiana earlier this month unsealed an indictment charging 30-year-old Guan Tianfeng (Guan) with conspiracy to commit computer and wire fraud by hacking into firewall devices worldwide, including one "used by an agency of the United States." Guan, employed by the Chinese cybersecurity firm Sichuan Silence -- a known contractor for Beijing intelligence -- was alleged to have discovered a zero-day vulnerability in firewall products manufactured by UK cybersecurity firm Sophos.

An anonymous reader quotes a report from the New York Times: TikTokasked the Supreme Court on Monday to temporarily block a law that would effectively ban it in the United States in a matter of weeks. Saying that the law violates both its First Amendment rights and those of its 170 million American users, TikTok, which is controlled by a Chinese parent company, urged the justices to maintain the status quo while they decide whether to hear an appeal. "Congress's unprecedented attempt to single out applicants and bar them from operating one of the most significant speech platforms in this nation presents grave constitutional problems that this court likely will not allow to stand," lawyers for TikTok wrote in their emergency application.

President Biden signed the law this spring after it was enacted with wide bipartisan support. Lawmakers said the app's ownership represented a risk because the Chinese government's oversight of private companies would allow it to retrieve sensitive information about Americans or to spread propaganda, though they have not publicly shared evidence that this has occurred. They have also noted that American platforms like Facebook and YouTube are banned in China, and that TikTok itself is not allowed in the country.

They provide training data to top AI companies including OpenAI and Meta, according to its web site. Founded in 2016, San Francisco-based Scale AI now has over 900 employees, eventually growing beyond "unicorn" status with over $1.35 billion in ivnestments. In May the company's valuation was over $14 billion, with investors including Amazon, Meta, Nvidia, Cisco, Intel, and AMD (as well as earlier investments from Y Combinator and $100 million from Peter Thiel's Founders Fund). SFGate calls them "a buzzy San Francisco startup with high-dollar ties across the tech industry".

But SFGate also report Scale AI "was sued Tuesday by a former worker with allegations that the company is committing wage theft and misclassifying workers." Steve McKinney filed the suit against Scale and several top executives, including 27-year-old billionaire CEO Alexandr Wang, in San Francisco Superior Court. With the filing, the former contractor aims to be a lead plaintiff for a class-action lawsuit against Scale; a judge will need to certify his proposed class of current and former contractors within California...

McKinney, whose complaint says he was paid on an hourly basis and worked on a project eventually sold to Meta, is accusing Scale of amassing its clout and cash by exploiting workers. "Scale AI is the sordid underbelly propping up the generative AI industry," the complaint says, before rattling off a list of allegations about its treatment of contractors. The document accuses Scale of bait-and-switch hiring promises; demanding off-the-clock, unpaid work; denying overtime pay; and unfairly booting contractors from projects...

The Tuesday complaint calls Scale's control over its contractors "Orwellian." The company makes contractors download a tool to track much of their computer use, including by taking periodic screenshots, the suit alleges. The lawsuit also alleges that Scale reassigns the workers to varyingly paid projects and docks pay if a task takes more than it was supposed to, plus posits that Scale is in violation of California's "ABC" test, which monitors use of the designation "independent contractor." It argues that contracted "Taskers" like McKinney should be classified as employees instead...

The complaint, along with arguing for class-action certification, seeks restitution, punitive damages and changes to Scale's worker classification model.
The article adds that "Per Fortune, Scale's armies of contractors marked up images for Cruise and Waymo to help autonomous cars understand their surroundings..."

"A man is accused of several felony charges after he allegedly posed as an Uber driver and then stole hundreds of thousands of dollars in cryptocurrency from customers in Scottsdale," reports Arizona news channel Fox 10.

"Prosecutors have called it an 'extremely sophisticated electronic fraud,'" reports Gizmodo, " and it's a strange approach to scamming that makes it sound unique in several ways." Nuruhussein Hussein, 40, allegedly picked up two unsuspecting people who were looking for Uber rides they'd ordered in Scottsdale — one in March and the other in October according to Fox 10 — by shouting their names on the street outside a hotel. It's not clear how Hussein may have known these people were looking for rides and court documents give no indication how he accomplished this or knew the victims would have crypto accounts, according to Fox 10, though a hotel does make sense as a target-rich environment for those looking to get picked up.

Once the victims were in the car, Hussein allegedly obtained the phones of the victims through some kind of pretense, including problems with his own phone and the need to look something up as well as a need to connect with the Uber app, according to NBC News. Hussein would then allegedly open up the victim's Coinbase account. "While manipulating the unsuspecting victim's phone the suspect transferred cryptocurrency from their digital wallet to his digital wallet," police reportedly explained in a statement.