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<ul class="summary-list"><li>A brawl erupted cageside at a Florida <keyword id="6403489" type="ORGANIZATION" weightage="60" keywordseo="mma">MMA</keyword> event on Saturday.</li><li>During the melee a man shot a gun into the air, apparently assuming it'd bring calm to the chaos.</li><li>The police are investigating the incident. No one was reported injured by the gunfire.</li></ul>An <a href="https://insider.com/category/mma" target="_blank" rel="noopener">MMA</a> event in Florida descended into a chaotic brawl before a man in the crowd fired a gun into the air in what was said to be a bid to try to calm everybody.Video footage from the event showed people running and ducking for cover when at least one gunshot could be heard in the middle of the disturbance."Shameful and pathetic cowardly behavior ruined a great night of fights," said the bare-knuckle fighter Hector Lombard, who attended the show, <a href="https://www.instagram.com/p/CMqw-aWjwlX/" target="_blank" rel="noopener">on Instagram</a>.It all went down Saturday at a Rize Fighting Championship event at the Bamboo Room in Lake Worth Beach, Florida, <a href="https://www.tmz.com/2021/03/23/mma-gunshot-rize-fighting-brawl-video-investigation/" target="_blank" rel="noopener">as reported by TMZ Sports</a>.TMZ said punches and chairs were thrown before a man pulled a gun out of a handbag and fired it twice. It added that the Palm Beach County Sheriff's Office was investigating the incident.Nobody was reported injured by the gunfire. Paramedics, however, arrived to treat those who were affected by the preceding brawl.TMZ reported that the man fired because he was "apparently hoping the gunshot would scare everyone into behaving."See video footage of the incident here:Lombard, who filmed the footage, said: "This guy just shot his handgun in the middle of a melee at an amateur show."No arrests were made as of Wednesday, but the police are investigating, <a href="https://www.mmafighting.com/2021/3/23/22346391/video-gunshots-fired-in-the-air-during-melee-at-amateur-mma-show-in-florida" target="_blank" rel="noopener">according to MMA Fighting</a>."We're talking to witnesses, and we're trying to track down who may have been involved in that, but, thankfully, no one was struck by gunfire," a Palm Beach County Sheriff's Office representative, Teri Barbera, told the MMA website."There could be more charges. It could have killed somebody. Right now, it's shots fired, which is a felony charge."Rize Fighting Championship said it would tighten up security for future events.

An MMA event in Florida descended into violent chaos before a man fired a gun in a bizarre apparent attempt to calm the crowd

<ul class="summary-list"><li><keyword id="6362094" type="PERSON" weightage="60" keywordseo="Ransomware">Ransomware</keyword> attacks have turned an uncomfortable spotlight onto the use of cryptocurrencies in crime.</li><li>Hackers attacking the <keyword id="1968507" type="PERSON" weightage="60" keywordseo="Colonial-Pipeline">Colonial Pipeline</keyword> and Ireland's health service demanded payment in crypto.</li><li>One analyst said the issue will not go unnoticed by US regulators, which could step up enforcement.</li></ul>Recent high-profile cyber attacks in which hackers demanded to be paid in cryptocurrencies have turned an uncomfortable spotlight on digital tokens and their use in crime. One analyst said the ransomware attack on the Colonial Pipeline was facilitated by <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite" id="docs-internal-guid-ec92b22a-7fff-ad40-1257-28c93b988103">cryptocurrencies</a>, which "will not go unnoticed by the US government and other countries." Hackers severely <a href="https://www.businessinsider.com/colonial-largest-us-fuel-pipeline-operator-shuts-down-operations-after-cyberattack-2021-5">disrupted the US energy network</a> earlier in May when they attacked the crucial Colonial Pipeline's computing systems. To get the system back up and running, Colonial paid a ransom of nearly $5 million in cryptocurrency, <a href="https://www.bloomberg.com/news/articles/2021-05-13/colonial-pipeline-paid-hackers-nearly-5-million-in-ransom">Bloomberg reported</a>, citing people familiar with the matter. Days later, hackers targeted Ireland's health service and also demanded a ransom <a href="https://www.irishtimes.com/news/health/bitcoin-ransom-will-not-be-paid-following-cyber-attack-on-hse-computer-systems-1.4564957">be paid in bitcoin</a>. <a href="https://markets.businessinsider.com/currencies/btc-usd">Bitcoin</a> has crashed in recent days after Elon Musk said Tesla would no longer accept the token as payment, due to its "insane" and environmentally damaging energy use. <a href="https://markets.businessinsider.com/currencies/news/bitcoin-price-cryptocurrencies-china-crypto-crackdown-price-outlook-2021-5-1030445035">Cryptocurrencies slid again</a> on Tuesday after Chinese regulators cracked down on the use of <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite" id="docs-internal-guid-3427c78c-7fff-de94-f1ba-e6c28845a8c5">digital assets</a> for payments. But Jeffrey Halley, senior market analyst at currency firm Oanda, said the so-called ransomware attacks had been an underappreciated factor. "With Elon Musk grabbing all the headlines on his bitcoin/dogecoin pivot, the real issue is the $5 million ransom paid by Colonial Pipeline," he said. "Attacks on critical US infrastructure facilitated by cryptocurrencies will not go unnoticed by the US government and other countries. I would argue that the regulatory threat to cryptocurrencies has increased exponentially." Critics of <keyword id="6354947" type="UNKNOWN" weightage="60" keywordseo="bitcoin">bitcoin</keyword> and other cryptocurrencies have long argued that they facilitate crime thanks to their anonymous and decentralized nature, which means they are very hard to trace and link to individuals. Treasury Secretary Janet Yellen <a href="https://www.businessinsider.com/bitcoin-price-cryptocurrency-should-be-curtailed-terrorism-concerns-yellen-2021-1">said in January</a> that she was concerned about cryptocurrencies for this reason. "I think many are used - at least in a transaction sense - mainly for illicit financing," she told lawmakers during her confirmation hearing. Gary Gensler, the Chair of the Securities and Exchange Commission <keyword id="31671" type="CITY" weightage="100" keywordseo="markets">markets</keyword> regulator, has made similar criticisms in the past. "Beyond use on the darknet, there are those around the globe who seek to use these new technologies to thwart government oversight of money laundering, tax evasion, terrorism financing, or evading sanctions regimes," he <a href="https://www.congress.gov/115/meeting/house/108562/witnesses/HHRG-115-AG00-Wstate-GenslerG-20180718.pdf">told Congress</a> in 2018. Although cryptocurrency companies that deal with customers in the US are covered by various financial regulations, the digital asset markets is largely a grey area outside the traditional world of finance. Regulators have consistently warned that investors should only buy in if they're <a href="https://markets.businessinsider.com/currencies/news/cryptocurrencies-bitcoin-dogecoin-risks-lose-money-bank-of-england-andrew-bailey-1030396958">willing to lose all their money</a>. In the US, regulators are keeping a close eye on cryptocurrencies but have not yet committed to any major rule changes during the latest digital asset boom. Fox Business reported in April that Gensler is <a href="https://video.foxbusiness.com/v/6249208738001#sp=show-clips">waiting for the Treasury</a> to review the currency cryptocurrency rules before the SEC lays out its approach. Fox said Gensler is likely to step up enforcement action. Regulators are likely to increase their focus on crypto as ransomware attacks become more prevalent, said Rahul Bhushan, co-founder of Rize ETF, which runs a cybersecurity fund. Yet Bhushan said a stronger "regulatory framework around cryptocurrencies… will help legitimize that market." Michael Shaulov, chief executive of crypto firm Fireblocks, said: "The true solution is a capability for law enforcement agencies around the world to distribute real-time information about illicit activities allowing wallet and custody providers to block these funds in transit." Colonial Pipeline has been contacted for comment. <a href="https://forum.businessinsider.in/">For a more in-depth discussion, come on over to Business Insider Cryptosphere</a> — a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/investments-in-crypto-hit-17-billion-in-the-first-six-months-of-2021/articleshow/83740327.cms">Investments in crypto hit a new record of $17 billion, but Indian funds are yet to jump on the bandwagon</a> <a href="https://www.businessinsider.in/cryptocurrency/news/indian-cryptocurrency-exchange-wazirx-has-listed-shiba-inu-tokens-for-trading-in-indian-rupees/articleshow/82731429.cms">Chiacoin claims to be an eco-friendly cryptocurrency — here's how it works</a> <a href="https://www.businessinsider.in/cryptocurrency/news/here-is-why-a-ban-on-cryptocurrencies-may-not-be-even-possible/articleshow/82741310.cms">Is a ban on cryptocurrencies even possible?</a> <a href="https://www.businessinsider.in/cryptocurrency/news/latin-america-and-south-asia-show-two-ends-of-the-crypto-regulatory-spectrum/articleshow/83638437.cms">Even as Latin America embraces Bitcoin, Southeast Asia is clamping down on cryptocurrencies</a>

Ransomware attacks add to bitcoin's woes, shining a light on the use of cryptocurrencies in crime

<div class="KonaFilter image-container display-table"><div><div class="image on-image">Evan Vucci/APPresident Donald Trump, accompanied by Turkish President Recep Tayyip Erdogan, speaks in the Roosevelt Room of the White House in Washington Tuesday, May 16, 2017.</div></div></div><ul><li>The Turkish lira fell as much as 14.6% versus the dollar Friday.</li><li>President Recep Tayyip Erdogan called on citizens to convert other currencies and gold into lira.</li><li>Washington imposed sanctions on Ankara over Americans detained in Turkey.</li><li><a href="https://markets.businessinsider.com/currencies/usd-try">Watch the lira trade in real time here.</a></li></ul><a href="https://markets.businessinsider.com/currencies/usd-try">Turkey's currency</a> plunged to fresh all-time lows against the dollar Friday after President Donald Trump announced in a tweet that he would double tariffs on aluminum to 20% and on steel to 50%. "I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar!" the president wrote in a tweet. "Our relations with Turkey are not good at this time!"The lira dropped as much as 14.6% against the dollar, its steepest daily drop in nearly two decades. It has been one of the worst-performing currencies this year but a deepening rift between Ankara and Washington has accelerated the selloff.A Turkish delegation returned from a meeting with Trump administration officials in Washington on Thursday with no apparent progress on a conflict over an American pastor who has been detained in Turkey for nearly two years. Earlier this month, the Trump administration announced sanctions against Turkey for failing to release Andrew Brunson, an evangelical pastor who was arrested in 2016 for allegedly aiding a failed military coup, claims the pastor denies. The sanctions target Turkey's minister of justice and minister of interior, whom the White House said played leading roles in the arrest and detention of 50-year-old Brunson. "It is astonishing that no matter how punished the Lira looks, traders are showing absolutely no indication that they are finished with pricing in 'bad news' into the market," Jameel Ahmad, head of currency strategy and market research at FXTM, said.During a speech in the Black Seas city of Rize overnight, President Recep Tayyip Erdogan called on citizens to exchange hard currencies and gold for the lira. He said the country was facing an "economic war" and blamed the selloff on credit ratings agencies and a shadowy "interest rate lobby," according to Reuters. Erdogan is a self-proclaimed "enemy of interest rates" and has pushed for unorthodox policies like cutting borrowing costs in the face of accelerating inflation. He has indicated plans to wield more influence over the country's central bank in the runup to his June reelection.Concerns about the lira seem to already be spreading to other currencies, analysts say, including the pound and the euro."The issue that global investors now need to take into consideration is that the recipe for a currency crisis in Turkey is now presenting a risk of a contagion knock-on effect across other markets," Ahmad said. <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/science-marry-your-cousin-safe-genetics-2018-7">Is marrying your cousin actually dangerous?</a></h3> <div> </div> </div>

Turkey's currency takes nearly 15% dive to fresh all-time low after Trump tweets new tariff rate

<div class="KonaFilter image-container display-table"><div><div class="image on-image">REUTERS/StringerA grouse sits on Turkish President Tayyip Erdogan's head as he visits a facility of the Forest and Water Management Ministry in Rize, Turkey, August 14, 2015.</div></div></div>Turkey's crackdown on the media appears to have reached a new level.Sevgi Akarcesme, an Istanbul-based reporter for the major Turkish newspaper Zaman, was <a href="http://www.todayszaman.com/national_todays-zaman-journalists-sued-over-replies-to-their-twitter-posts_399121.html">put on trial</a> after Prime Minister Ahmet Davutoglu, a member of the ruling AKP party, sued her for "insulting" him on Twitter.And Akarcesme tweeted Monday morning that the indictment included "insults" that were not even her own.Akarcesme had tweeted that "Davutoglu, the prime minister of the government that covered up the corruption investigation, has eliminated press freedom in Turkey."But it was a commenter who referred to Davutoglu as "the puppet of the palace" and called him a name, Akarcasme later <a href="https://twitter.com/SevgiAkarcesme/status/643415238759608320">tweeted</a>. She noted that she could very well lose the case even though the comment was not hers.Akarcasme's ordeal is a particularly extreme example of the AKP's crackdown on the press and social media, which is intensifying in the runup to November's snap election.A 17-year-old high school student <a href="http://www.jpost.com/Middle-East/High-school-student-sentenced-to-11-month-jail-time-for-insulting-Turkish-president-416076">was sentenced</a> to 11 months in jail last week after a speech he gave in December was deemed insulting to Erdogan.On Monday, the Hurriyet Daily News <a href="http://www.hurriyetdailynews.com/turkish-magazine-raided-copies-collected-for-insulting-erdogan.aspx?pageID=238&amp;nID=88448&amp;NewsCatID=341">reported</a> that the chief news editor of the Turkish magazine Nokta had been arrested on charges of offices of "insulting the Turkish president" and "making terrorist propaganda." Nokta had apparently published a photo of Erdogan taking a selfie near the coffin of a slain soldier.The Hurriyet itself was the target of a violent attack last week, when pro-government protestors - <a href="http://www.cnnturk.com/turkiye/hurriyete-saldiri-sonrasi-ak-partili-vekil-abdurrahim-boynukalin-kongrede-divan-uyesi">reportedly led</a> by a Turkish MP who <a href="https://twitter.com/6parmak0kan/status/642626231381458944">later appeared</a> at an AKP convention as a higher council member - stoned the newspaper's headquarters.<div class="KonaFilter image-container display-table"><div><div class="image on-image">Selcuk Samiloglu/Hurriyet Daily/ReutersDemonstrators shout nationalist slogans during a protest in front of the headquarters of the Hurriyet daily newspaper in Istanbul, Turkey, September 8, 2015.</div></div></div>Earlier this month, two Vice News journalists <a href="http://www.businessinsider.com/r-turkish-court-charges-vice-news-reporters-with-terrorism-links-2015-8">were detained</a> while reporting from Diyarkbir, the de facto capital of Turkey's predominantly Kurdish southeast. They were charged with "working on behalf of a terrorist organization" and have since been released.Other publications - such as the daily newspaper Milliyet - have reportedly <a href="http://humanrightsturkey.org/2013/04/07/turkeys-war-on-journalists/">been firing journalists</a> whose work is critical of the government.In August, Twitter issued a <a href="https://transparency.twitter.com/removal-requests/2015/jan-jun">transparency report</a> detailing how many requests it had received from different governments requesting that specific content be removed. More than 70% of these requests came from Turkish officials."The company received 408 court orders and another 310 requests from [Turkish] government authorities to remove content 'based on violations of personal rights and other local laws,'" Business Insider Tech editor Matt Rosoff <a href="http://www.businessinsider.com/turkey-leads-in-twitter-censorship-2015-8">noted</a>. "That's more than ten times as many as second place, Russia, which issued zero court orders and 68 official requests."Turkey <a href="http://www.businessinsider.com/turkey-blocked-twitter-after-pictures-began-circulating-of-a-recent-terror-attack-2015-7">blocked Twitter</a> in July after images began circulating of an ISIS-linked suicide bombing that killed 32 youth activists in the southeastern city of Suruc. Twitter users calling for anti-government protests after the bombing were also blocked.<div class="KonaFilter image-container display-table"><div><div class="image on-image">REUTERS/Umit BektasTurkey's President Tayyip Erdogan makes a speech during a graduation ceremony in Ankara, Turkey, June 11, 2015.</div></div></div>Censorship is nothing new in Turkey - as the Washington Institute for Near East Policy <a href="http://www.washingtoninstitute.org/policy-analysis/view/why-erdogan-could-push-for-early-elections-turkeys-regulatory-bodies-in-a-n">noted</a> in July, "[President] Erdogan has turned Turkey's regulatory institutions into censorship and sanctions bodies."Turkey's Radio and Television Supreme Council, tasked with maintaining the impartiality of media outlets, is one of these institutions. During the Gezi Park protests in 2013, the council <a href="http://www.washingtoninstitute.org/policy-analysis/view/why-erdogan-could-push-for-early-elections-turkeys-regulatory-bodies-in-a-n">attempted to </a><a href="http://www.washingtoninstitute.org/policy-analysis/view/why-erdogan-could-push-for-early-elections-turkeys-regulatory-bodies-in-a-n">shut down</a> the pro-opposition Hayat television channel.Last year, Erdogan blocked YouTube and <a href="http://www.businessinsider.com/turkey-restricts-access-to-twitter-2014-3">threatened to "eradicate" Twitter</a> after leaked audio put he and other government officials at the center of a corruption investigation.Now, the stakes are especially high: Erdogan's party lost its majority in parliament for the first time in over a decade back in June and is gambling on an AKP majority come November that will allow him to expand his presidential authority. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/sharks-spotted-coast-england-2015-7">People were baffled by 50 sharks circling in shallow waters off the English coast</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="R1c2tjdjrwFAGrHUqd0W71KfHPLzHONw" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

You Searched For "rize" and got 4 results

An MMA event in Florida descended into violent chaos before a man fired a gun in a bizarre apparent attempt to calm the crowd

Alan Dawson

Ransomware attacks add to bitcoin's woes, shining a light on the use of cryptocurrencies in crime

Harry Robertson

Turkey's currency takes nearly 15% dive to fresh all-time low after Trump tweets new tariff rate

Gina Heeb

One tweet shows just how ridiculous Turkey's media crackdown has become

Natasha Bertrand

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