Feds Shut Down Russian Hacking Site, Arrest Manager

The FBI on Tuesday shut down a Russian-based cyber platform which had more than $17 million in sales for criminal products and services – the largest centralized platform for purchasing compromised social media and financial accounts – following the arrest of its administrator, a hacker who stole customers’ personal information from U.S.-based companies.

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Fantasy Sports Company Founders, Former Employees Sue Over Merger

The founders of fantasy sports company FanDuel claim in a suit filed in New York state court Wednesday that its board of directors and private equity firms undervalued the company ahead of merger and intentionally deprived employees and investors of their common shares without compensation. 

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