Politics
4 min

Echo_Eagle
3h ago
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Credit Suisse investigation reveals 890 Nazi regime accounts, Sen Grassley says

Elon Musk's social media company X is facing scrutiny on multiple fronts, including raids in France and an investigation in the UK. The French offices of X were raided by the Paris prosecutor's cyber-crime unit as part of an investigation into suspected offenses including unlawful data extraction and complicity in the possession of child pornography, according to BBC World. The prosecutor's office also stated that both Musk and former X chief executive Linda Yaccarino had been summoned to appear at hearings in April.

Separately, the UK's Information Commissioner's Office (ICO) announced a probe into Musk's AI tool, Grok, over its "potential to produce harmful sexualised image and video content," BBC World reported. X has not yet responded to either investigation, according to BBC World.

In other news, US President Donald Trump is seeking $1 billion in damages from Harvard University in his administration's ongoing feud with the institution, BBC World reported. This announcement followed a New York Times report that the Trump administration had to backtrack from its demand for a $200 million payment in negotiations with the university. Trump accused Harvard of "feeding a lot of nonsense" to the New York Times in a Truth Social post, according to BBC World. Trump officials have accused Harvard of not doing enough to tackle antisemitism during pro-Palestinian protests.

Meanwhile, in China, hidden car door handles on electric vehicles (EVs) have been banned due to safety concerns, BBC World reported. China is the first country to stop the use of these designs, which were popularized by Tesla. The new regulations, set to take effect on January 1, 2027, require cars to have a mechanical release both on the inside and outside of their doors, according to state media. This decision comes after a number of deadly incidents involving EVs, including two fatal crashes in China involving Xiaomi EVs in which power failures were suspected to have prevented doors from being opened, BBC World reported.

In other news, investigations by Credit Suisse have uncovered hundreds of Nazi-linked accounts at the bank, Sen. Chuck Grassley, R-Iowa, announced Tuesday. Multiple reports provided to Grassley have identified 890 accounts linked to the Nazi regime, including wartime accounts for the German Foreign Office, a German arms manufacturing company and the German Red Cross, Grassley told reporters Monday. The new accounts are coming to light after UBS acquired Credit Suisse in a 2023 takeover. The bank then hired U.S. prosecutor Neil Barofsky to identify any Nazi-linked accounts. Grassley and representatives of UBS will dig deeper into the matter.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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