CLARIN

Truck Attack in NYC, 16 Front Pages From Newspapers Around The World

The scene in New York
The scene in New York

A day after a suspected 29-year-old Uzbek national killed eight people and injured a dozen more with a rented pickup truck in Manhattan, newspapers around the world devoted their front pages to the worst terrorist attack in New York since 9/11. Here's is how it looked in 11 different countries, including Argentina, home to five of the victims:

UNITED STATES

New York Post

Portada de Wall Street Journal (USA)

Wall Street Journal

Portada de The Washington Post (USA)

Washington Post

CANADA

MEXICO

ARGENTINA

BRAZIL

Portada de O Globo (Brasil)

O Globo

UNITED KINGDOM

Portada de The Times (Reino Unido)

The Times

PORTUGAL

THE NETHERLANDS

GERMANY

Portada de Bild (Alemania)

Bild

ITALY

Portada de Corriere della Sera (Italia)

Corriere della Sera

ISRAEL

Portada de Haaretz (Israel)

Haaretz

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CLARIN
Clarin is the largest newspaper in Argentina. It was founded in August 1945 and is based in Buenos Aires.
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THE TIMES
The Times is a British daily based in London. It began in 1785 as The Daily Universal Register and became The Times in 1788. The Times and its sister paper The Sunday Times are published by Times Newspapers, since 1981 a subsidiary of News UK, itself owned by Rupert Murdoch's News Corp group.
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CORRIERE DELLA SERA
Founded in 1876 as an evening newspaper ("Evening Courier), the Milan daily has long been a morning paper. The flagship publication of the RCS Media Group, Corriere della Sera is noted for its sober tone, reliable reporting and moderate political stances.
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THE WASHINGTON POST
Founded in 1877, The Washington Post is a leading U.S. daily, with extensive coverage of national politics, including the historic series of stories following the Watergate break-in that led to the resignation of President Richard Nixon. After decades of ownership by the Graham family, the Post was purchased in 2013 by Amazon founder Jeff Bezos
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DIÁRIO DE NOT͍CIAS
Founded in Lisbon in 1864, Diário de Notícias is one of Portugal's leading dailies. Now representing the center of the political spectrum, it was during the dictatorship one of the publications that best reflected the government's position. In the months that followed the Carnation Revolution of 1974, the newspaper briefly adopted a Communist stance, under the leadership of future Literature Nobel Prize winner, José Saramago.
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Economy

Air Next: How A Crypto Scam Collapsed On A Single Spelling Mistake

It is today a proven fraud, nailed by the French stock market watchdog: Air Next resorted to a full range of dubious practices to raise money for a blockchain-powered e-commerce app. But the simplest of errors exposed the scam and limited the damage to investors. A cautionary tale for the crypto economy.

Sky is the crypto limit

Laurence Boisseau

PARIS — Air Next promised to use blockchain technology to revolutionize passenger transport. Should we have read something into its name? In fact, the company was talking a lot of hot air from the start. Air Next turned out to be a scam, with a fake website, false identities, fake criminal records, counterfeited bank certificates, aggressive marketing … real crooks. Thirty-five employees recruited over the summer ranked among its victims, not to mention the few investors who put money in the business.

Maud (not her real name) had always dreamed of working in a start-up. In July, she spotted an ad on Linkedin and was interviewed by videoconference — hardly unusual in the era of COVID and teleworking. She was hired very quickly and signed a permanent work contract. She resigned from her old job, happy to get started on a new adventure.


Others like Maud fell for the bait. At least ten senior managers, coming from major airlines, airports, large French and American corporations, a former police officer … all firmly believed in this project. Some quit their jobs to join; some French expats even made their way back to France.

Share capital of one billion 

The story began last February, when Air Next registered with the Paris Commercial Court. The new company stated it was developing an application that would allow the purchase of airline tickets by using cryptocurrency, at unbeatable prices and with an automatic guarantee in case of cancellation or delay, via a "smart contract" system (a computer protocol that facilitates, verifies and oversees the handling of a contract).

The firm declared a share capital of one billion euros, with offices under construction at 50, Avenue des Champs Elysées, and a president, Philippe Vincent ... which was probably a usurped identity.

Last summer, Air Next started recruiting. The company also wanted to raise money to have the assets on hand to allow passenger compensation. It organized a fundraiser using an ICO, or "Initial Coin Offering", via the issuance of digital tokens, transacted in cryptocurrencies through the blockchain.

While nothing obliged him to do so, the company owner went as far as setting up a file with the AMF, France's stock market regulator which oversees this type of transaction. Seeking the market regulator stamp is optional, but when issued, it gives guarantees to those buying tokens.

screenshot of the typo that revealed the Air Next scam

The infamous typo that brought the Air Next scam down

compta online

Raising Initial Coin Offering 

Then, on Sept. 30, the AMF issued an alert, by way of a press release, on the risks of fraud associated with the ICO, as it suspected some documents to be forgeries. A few hours before that, Air Next had just brought forward by several days the date of its tokens pre-sale.

For employees of the new company, it was a brutal wake-up call. They quickly understood that they had been duped, that they'd bet on the proverbial house of cards. On the investor side, the CEO didn't get beyond an initial fundraising of 150,000 euros. He was hoping to raise millions, but despite his failure, he didn't lose confidence. Challenged by one of his employees on Telegram, he admitted that "many documents provided were false", that "an error cost the life of this project."

What was the "error" he was referring to? A typo in the name of the would-be bank backing the startup. A very small one, at the bottom of the page of the false bank certificate, where the name "Edmond de Rothschild" is misspelled "Edemond".

Finding culprits 

Before the AMF's public alert, websites specializing in crypto-assets had already noted certain inconsistencies. The company had declared a share capital of 1 billion euros, which is an enormous amount. Air Next's CEO also boasted about having discovered bitcoin at a time when only a few geeks knew about cryptocurrency.

Employees and investors filed a complaint. Failing to find the general manager, Julien Leclerc — which might also be a fake name — they started looking for other culprits. They believe that if the Paris Commercial Court hadn't registered the company, no one would have been defrauded.

Beyond the handful of victims, this case is a plea for the implementation of more secure procedures, in an increasingly digital world, particularly following the pandemic. The much touted ICO market is itself a victim, and may find it hard to recover.

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