A 40-year-old man arrested in Texas has been cleared of involvement in the massive data breach at U.S. retail giant Target, according to reports.
Local and national news initially reported that Guo Xing Chen was arrested over a much publicized theft of credit-card information believed to be worth some $70 million. However, a law-enforcement source close to the investigation has since told Reuters that his arrest was unrelated.
“This appears to be strictly a street level arrest that is not tied to the larger breach investigation,” said the unnamed official.
Over the Christmas holidays around 40 million payment records, as well as other customer information such as addresses and contact information, were stolen from the chain of stores. The Secret Service has been helping in subsequent investigations.
- The Fight to Save the Salmon
- Inside the World of Black Bitcoin, Where Crypto Is About Making More Than Just Money
- The 'Great Resignation' Is Finally Getting Companies to Take Burnout Seriously. Is It Enough?
- Suddenly, Everyone on TV Is Very Rich or Very Poor. What Happened?
- Colin Powell Reflects on His Mistakes in Unpublished TIME Interview
- Business Travel's Demise Could Have Far-Reaching Consequences
- If the U.S. Spends Big on Climate, the Rest of the World Might Follow