Legal & Regulatory

Bitcoin

FTX Files $1.8 Billion Lawsuit Against Binance Former CEO Over Fraudulent Share Transaction in 2021

FTX is suing Binance and ex-CEO Changpeng Zhao for $1.8 billion, claiming a prior transaction made in 2021 was fraudulent.


Arizona Regulators Penalize Natural Gas Company $2M Over Defective Piping Linked to Explosions

Arizona regulators fined Southwest Gas $2 million for using defective piping vulnerable to heat, endangering communities with risks of gas leaks.

Crypto CEO Released After $1M Ransom Payment; More Executives Face Rising Kidnapping Risks as Bitcoin Hits $76K

CEO Dean Skurka of WonderFi, Canada's largest crypto company, was kidnapped in Toronto on Wednesday with suspects demanding a 1 million Canadian dollar ransom.

New Yorker Who Used Legal Loophole to Live Rent-Free in Hotel Avoids Fraud Charges Due to Mental Health

A New York man, accused of fraud for living rent-free in the New Yorker Hotel, has been deemed unfit to stand trial and may face court-mandated psychiatric care.


Latest News

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India's largest newswire, ANI, is pursuing a $237,000 defamation lawsuit against the Wikimedia Foundation over alleged harmful claims posted on its page.
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The Indonesian government ensures that 50,000 Sritex employees will not lose their jobs despite the company's bankruptcy.
E. Coli Outbreak Forces McDonald's to Pull Out Quarter Pounder
McDonald's pulled fresh onions and Quarter Pounders in 20% of US locations, after E. coli outbreak hospitalizes 49 and kills one.
Former Abercrombie & Fitch CEO Mike Jeffries Charged
Former Abercrombie CEO Mike Jeffries faces 16 charges tied to an alleged international sex trafficking scheme during his tenure.
Pharmaceutical Company Eli Lilly Headquarters
Eli Lilly is suing medical spas and vendors for selling unapproved, fake weight-loss products containing their active ingredient, tirzepatide.
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80% of toys sold online in Europe, including on Amazon, fail to meet safety standards, prompting calls for greater accountability from online marketplaces.
Vietnamese Billionaire Truong My Lan Sentenced to Death in Biggest Corruption Cases in History
Truong My Lan, a Vietnamese tycoon, faces life imprisonment and a prior death sentence for property and bond fraud involving billions of dollars.
Apple Holds Annual Worldwide Developers Conference
Apple faces new NLRB complaints accusing the company of violating employee rights by restricting social media use, limiting Slack channels, and unlawfully firing employees involved in workplace activism.
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Boeing faces increasing losses as the ongoing machinist strike extends into its fifth week, causing workforce cuts as the production delays.
Shenzhen One Of The Fastest Growing Cities In The World
Amid tensions between China and Taiwan, the former detained four Taiwanese employees working at Foxconn. Will this affect Apple's dependence on Beijing?
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