Latest news with #SEC-approved
Time of India
2 days ago
- Politics
- Time of India
Nashik district administration asks chief officers to start process of demarcation of wards in councils
Nashik: The district administration has instructed the chief officers of nine municipal councils to initiate ward demarcation processes for upcoming elections without delay. "As per the instructions from state govt, the work of forming the wards and other things will be handled by state govt, and the conduct of the elections will be carried out by state election commission. State govt has now chalked out the time-bound programme for the same," said a senior officer from the district collectorate. Council chief officers need to establish teams of enumerators by June 16 to perform fundamental electoral tasks, including voter registration, numerical assessments and ward distribution. From June 17 until July 3, teams will prepare ward-wise maps through site visits, finalise boundaries and create detailed area maps showing adjacent ward information, according to the officer. Subsequently, draft plans of council ward structures will be forwarded to the state election commission (SEC) for approval. The SEC-approved ward system will be published in the media by July 15, allowing citizens to submit claims and objections. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pistol de sudură laser multifuncțional siginificant Află mai multe Undo "The collector or the officer designated by him will listen to the claims and objections from July 22 to 31 and then send the finalised ward-wise plan for the final approval of the SEC in the first week of Aug. Thereafter, the finalised structure will be published in the media after Aug 22," the officer added. Nine councils in Nashik district are due for elections as their terms have expired: Bhagur, Manmad, Nandgaon, Satana, Sinnar, and Yeola (tenure ended in 2021), Igatpuri, Trimbakeshwar (Jan 2023), and Chandwad (Nov 2020). Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Yahoo
16-05-2025
- Yahoo
Athens man to spend over a year in federal prison for hacking SEC social media
WASHINGTON D.C. (WHNT) – An Athens man was sentenced to 14 months in prison after pleading guilty to his part in a January 2024 takeover of a U.S. Securities and Exchange Commission's social media account. According to the United States Department of Justice, 26-year-old Eric Council Jr. conspired with others who took 'unauthorized control' of the SEC's X account and falsely announced the SEC-approved BTC Exchange Trade Funds. Immediately following the fake announcement, the price of BTC rose by more than $1,000 per bitcoin. The SEC was able to regain control of the account and confirm the announcement was false. Council used a fake ID card to impersonate the victim and gain access to the cell phone number in order to get into the SEC's account. His coconspirators were then able to use the account pretending to be the SEC Chairman. 'Schemes of this nature threaten the health and integrity of our market system,' said U.S. Attorney Jeanine Pirro. 'SIM swap schemes threaten the financial security of average citizens, financial institutions, and government agencies. Don't fool yourself into thinking you can't be caught. You will be caught, prosecuted, and will pay the price for the damage your actions create.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
10-02-2025
- Business
- Yahoo
Athens man pleads guilty to hacking SEC X account in 2024
WASHINGTON, D.C. (WHNT) — An Athens man pleaded guilty to his part in a Jan. 2024 takeover of the U.S. Securities and Exchange Commission social media account on X. According to the United States Department of Justice, 25-year-old Eric Council Jr. conspired with others who took 'unauthorized control' of the SEC's X account and falsely announced the SEC-approved BTC Exchange Trade Funds. This false announcement was based on a decision that was highly anticipated by the market, according to the DOJ. Immediately after the false announcement, the price of BTC increased by more than $1,000 per bitcoin. Shortly after the post, the SEC regained control of its account and confirmed the announcement was false and due to a security breach. Following the correction by the SEC, the value of BTC decreased by more than $2,000 per bitcoin. Per the DOJ, the people who hacked into the SEC X account used an unauthorized Subscriber Identity Module (SIM) swap carried out by Council Jr. A SIM swap refers to the process of 'fraudulently inducing a cell phone carrier to reassign a cell phone number from the legitimate subscriber or user's SIM card to a SIM card controlled by a criminal actor.' Council Jr. used an identification card printer to create a fraudulent identification card with a victim's personal information, which he received from the co-conspirators. He used the fraudulent identification card to impersonate the victim and gain access to their cell phone number to access the SEC's account. Council Jr.'s co-conspirators then were able to access the account and posted claiming to be the SEC Chairman. Council Jr. received payment in Bitcoin from his co-conspirators for his role in the scheme. Council pleaded guilty to conspiracy to commit aggravated identity theft and access device fraud. He is scheduled to be sentenced on May 16 and faces a maximum penalty of five years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors. The FBI Washington Field Office and SEC Office of Inspector General are investigating the case. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
06-02-2025
- Business
- Yahoo
reAlpha Appoints Vijay Rathna as Chief Crypto Officer
DUBLIN, Ohio, Feb. 06, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) ('reAlpha' or the 'Company'), a real estate technology company developing and commercializing artificial intelligence ('AI') technologies, today announced the appointment of Vijay Rathna as the Company's Chief Crypto Officer ('CCO'), effective as of February 20, 2025. In this role, Mr. Rathna will oversee all of reAlpha's blockchain and cryptocurrency initiatives, including token strategy, blockchain integrations, and digital asset innovation, reporting directly to Giri Devanur, Chief Executive Officer of reAlpha. Mr. Rathna has significant leadership experience in information technology, AI, blockchain architecture, and cryptocurrency ecosystems. Prior to joining reAlpha, Mr. Rathna served as the Senior Vice President of Innovation and Development at Coretelligent (merged from Chateaux Software), where he led the ideation, design and development of digital transformation team to build AI, automation and blockchain solutions for its clients. Some of those engagements included a blockchain-based digital ticketing platform, a SEC-approved stable coin in money market fund for a fintech company, a blockchain product for a global insurance company and others. Mr. Rathna is also an Associate Professor at Columbia University teaching 'Blockchain and AI.' Mr. Rathna's appointment comes as reAlpha is exploring the integration of blockchain into its technologies, including the reAlpha platform. reAlpha plans to provide further updates and announcements regarding the integration of blockchain and digital assets technologies into its business model by the end of the first quarter of 2025. Giri Devanur, Chief Executive Officer of reAlpha, commented, 'We are thrilled to welcome Vijay Rathna to reAlpha as our Chief Crypto Officer, making reAlpha one of the first Nasdaq-listed companies to create such a position. The creation of this role highlights our commitment to innovate with blockchain technologies and the usage of digital assets. We believe that Vijay's expertise in blockchain architecture, his entrepreneurial mindset, and his ability to deliver innovative and compliant solutions make him an invaluable addition to our team.' Vijay Rathna added, 'I am excited to join reAlpha and contribute to its mission of bringing real estate to the digital era by leveraging AI technologies. I look forward to advancing reAlpha's blockchain initiatives and delivering impactful solutions for investors.' About reAlpha Tech Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha's goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. For more information, visit Forward-Looking StatementsThe information in this press release includes 'forward-looking statements.' Forward-looking statements include, among other things, statements about the appointment of Mr. Rathna as CCO and the anticipated benefits thereof; reAlpha's ability to develop blockchain solutions for the real estate industry; reAlpha's ability to anticipate the future needs of the real estate markets; future trends in the real estate, technology and artificial intelligence industries, generally; and reAlpha's future growth strategy and growth rate. In some cases, you can identify forward-looking statements by terminology such as 'may', 'should', 'could', 'might', 'plan', 'possible', 'project', 'strive', 'budget', 'forecast', 'expect', 'intend', 'will', 'estimate', 'anticipate', 'believe', 'predict', 'potential' or 'continue', or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha's limited operating history and that reAlpha has not yet fully developed its AI-based technologies; reAlpha's ability to commercialize its developing AI-based technologies; whether reAlpha's technology and products will be accepted and adopted by its customers and intended users; reAlpha's ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies' services; reAlpha's ability to develop blockchain solutions to the real estate industry; reAlpha's ability to successfully integrate blockchain in its technologies, including the reAlpha platform; reAlpha's ability to develop a digital token; reAlpha's ability implement and execute its cryptocurrency investment policy; reAlpha's ability to remain compliant with the changing landscape of regulations related to digital currencies and other technologies; reAlpha's ability to successfully enter new geographic markets; reAlpha's ability to obtain the necessary regulatory and legal approvals to expand into additional U.S. states and maintain, or obtain, brokerage licenses in such states; reAlpha's ability to generate additional sales or revenue from having access to, or obtaining, additional U.S. states brokerage licenses; the inability to maintain and strengthen reAlpha's brand and reputation; reAlpha's ability to scale its operational capabilities to expand into additional geographic markets; the potential loss of key employees of its acquired companies, including, but not limited to, the broker providing services on behalf of US Realty, one of reAlpha's subsidiaries; reAlpha's inability to accurately forecast demand for short-term rentals, corporate relocation programs and AI-based real estate focused products; reAlpha's ability to successfully compete in the corporate relocation market; the inability to execute business objectives and growth strategies successfully or sustain reAlpha's growth; the inability of reAlpha's customers to pay for reAlpha's services; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha's U.S. Securities and Exchange Commission ('SEC') filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha's future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha's filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Company Contact Investor Relations investorrelations@ Media Contact Alliance Advisors IR on behalf of reAlpha Fatema Bhabrawala fbhabrawala@ in to access your portfolio
Associated Press
06-02-2025
- Business
- Associated Press
reAlpha Appoints Vijay Rathna as Chief Crypto Officer
DUBLIN, Ohio, Feb. 06, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) ('reAlpha' or the 'Company'), a real estate technology company developing and commercializing artificial intelligence ('AI') technologies, today announced the appointment of Vijay Rathna as the Company's Chief Crypto Officer ('CCO'), effective as of February 20, 2025. In this role, Mr. Rathna will oversee all of reAlpha's blockchain and cryptocurrency initiatives, including token strategy, blockchain integrations, and digital asset innovation, reporting directly to Giri Devanur, Chief Executive Officer of reAlpha. Mr. Rathna has significant leadership experience in information technology, AI, blockchain architecture, and cryptocurrency ecosystems. Prior to joining reAlpha, Mr. Rathna served as the Senior Vice President of Innovation and Development at Coretelligent (merged from Chateaux Software), where he led the ideation, design and development of digital transformation team to build AI, automation and blockchain solutions for its clients. Some of those engagements included a blockchain-based digital ticketing platform, a SEC-approved stable coin in money market fund for a fintech company, a blockchain product for a global insurance company and others. Mr. Rathna is also an Associate Professor at Columbia University teaching 'Blockchain and AI.' Mr. Rathna's appointment comes as reAlpha is exploring the integration of blockchain into its technologies, including the reAlpha platform. reAlpha plans to provide further updates and announcements regarding the integration of blockchain and digital assets technologies into its business model by the end of the first quarter of 2025. Giri Devanur, Chief Executive Officer of reAlpha, commented, 'We are thrilled to welcome Vijay Rathna to reAlpha as our Chief Crypto Officer, making reAlpha one of the first Nasdaq-listed companies to create such a position. The creation of this role highlights our commitment to innovate with blockchain technologies and the usage of digital assets. We believe that Vijay's expertise in blockchain architecture, his entrepreneurial mindset, and his ability to deliver innovative and compliant solutions make him an invaluable addition to our team.' Vijay Rathna added, 'I am excited to join reAlpha and contribute to its mission of bringing real estate to the digital era by leveraging AI technologies. I look forward to advancing reAlpha's blockchain initiatives and delivering impactful solutions for investors.' About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha's goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. For more information, visit Forward-Looking Statements The information in this press release includes 'forward-looking statements.' Forward-looking statements include, among other things, statements about the appointment of Mr. Rathna as CCO and the anticipated benefits thereof; reAlpha's ability to develop blockchain solutions for the real estate industry; reAlpha's ability to anticipate the future needs of the real estate markets; future trends in the real estate, technology and artificial intelligence industries, generally; and reAlpha's future growth strategy and growth rate. In some cases, you can identify forward-looking statements by terminology such as 'may', 'should', 'could', 'might', 'plan', 'possible', 'project', 'strive', 'budget', 'forecast', 'expect', 'intend', 'will', 'estimate', 'anticipate', 'believe', 'predict', 'potential' or 'continue', or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha's limited operating history and that reAlpha has not yet fully developed its AI-based technologies; reAlpha's ability to commercialize its developing AI-based technologies; whether reAlpha's technology and products will be accepted and adopted by its customers and intended users; reAlpha's ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies' services; reAlpha's ability to develop blockchain solutions to the real estate industry; reAlpha's ability to successfully integrate blockchain in its technologies, including the reAlpha platform; reAlpha's ability to develop a digital token; reAlpha's ability implement and execute its cryptocurrency investment policy; reAlpha's ability to remain compliant with the changing landscape of regulations related to digital currencies and other technologies; reAlpha's ability to successfully enter new geographic markets; reAlpha's ability to obtain the necessary regulatory and legal approvals to expand into additional U.S. states and maintain, or obtain, brokerage licenses in such states; reAlpha's ability to generate additional sales or revenue from having access to, or obtaining, additional U.S. states brokerage licenses; the inability to maintain and strengthen reAlpha's brand and reputation; reAlpha's ability to scale its operational capabilities to expand into additional geographic markets; the potential loss of key employees of its acquired companies, including, but not limited to, the broker providing services on behalf of US Realty, one of reAlpha's subsidiaries; reAlpha's inability to accurately forecast demand for short-term rentals, corporate relocation programs and AI-based real estate focused products; reAlpha's ability to successfully compete in the corporate relocation market; the inability to execute business objectives and growth strategies successfully or sustain reAlpha's growth; the inability of reAlpha's customers to pay for reAlpha's services; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha's U.S. Securities and Exchange Commission ('SEC') filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha's future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha's filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Company Contact Media Contact Fatema Bhabrawala
