Wednesday, June 3, 2020

Prosecutors seek arrest warrant against Samsung heir Jay Lee

South Korean prosecutors said on Thursday that they have filed an arrest warrant for Samsung’s vice chairman and anointed heir Jay Y. Lee and two other former company executives over an alleged accounting fraud and a controversial merger back in 2015.

Lee, whose father is Samsung’s chairman, has previously denied charges. Samsung cannot be immediately reached for comment.

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Sources: Nvidia signs leases worth up to $50B for Hut 8's planned 1GW data center in Texas, hosting hundreds of thousands of chips; Hut 8 didn't name its client (Financial Times)

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