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Charges dropped against French company over Egypt spyware by AFP Staff Writers Paris (AFP) Dec 14, 2022 A Paris court ordered charges to be dropped Wednesday against a French company and its managers who were accused of complicity in torture after selling sophisticated spyware to the Egyptian government. Nexa Technologies and four executives were charged in 2021 over the sale of the Cerebro software to Egypt enabling President Abdel Fattah al-Sisi's regime to spy on political opponents. The Paris appeals court quashed the charges against chairman Olivier Bohbot and CEO Stephane Salies among others, but did not order the case to be closed, meaning investigating magistrates will continue their enquiries. Lawyers for the International Federation for Human Rights called the decision a "major disappointment" but said the "story was far from being over." "We will continue to work to cast light on the consequences of the sale by Nexo of the Cerebro system to the Egyptian regime," they said in a statement. Nexa is managed by former executives from Amesys, another French IT firm which has been charged in a separate investigation into the sale of so-called "Eagle" spyware to former Libyan strongman Moamer Kadhafi. Charges of complicity in torture were confirmed against Amesys last November, but were dropped against two former employees of the group.
Sam Bankman-Fried: crypto rock star facing life in jail Washington (AFP) Dec 13, 2022 Sam Bankman-Fried has had a dizzying fall from top of the heap in the world of cryptocurrencies to staring down a hefty jail sentence on a raft of fraud charges. The 30-year-old billionaire founder of the FTX crypto exchange once partnered with celebrities and rubbed shoulders with politicians as he tried to legitimize cryptocurrency as more than just a shady get-rich-quick scheme. However, his company, valued at $32 billion earlier this year, suddenly imploded in November after filing for bankr ... read more
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