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A House panel released messages showing Webull employee Zhenghan Wang accessed U.S. customer data in 2021 while in China. The committee found Wang used Tencent Cloud for hosting and noted Hunan Weibu employed 863 people, representing 62% of the workforce. Webull stock slid more than 19% following the Oct. 7 report detailing these structural ties.
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Summary by ByteBrief
US Disrupts Chinese State-Sponsored Hacking Tools

Researchers say they discovered and communicated with Chinese AI agents that were trying to bypass security controls on websites and were traced to Tencent (Dylan Freedman/New York Times)

FBI Says China Hackers Ran Email Portal