In a significant development in the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Terraform Labs, a jury has found the blockchain protocol and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022. In response, the SEC has filed a motion seeking […]
Truong My Lan’s huge fraud scheme reached its peak during Hanoi’s vaunted ‘blazing furnace’ anti-corruption drive.
The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out risk, greed and corruption.
Dozens of death penalty convictions in Alameda County must be reviewed after prosecutors there were found to have intentionally excluded Black and Jewish jurors during a murder trial in 1995, a federal judge ordered. Handwritten notes from prosecutors in the decades-old case suggests the attorneys were involved in "serious misconduct," but Alameda County Dist. Atty. Pamela Price on Monday said additional evidence suggests more death penalty cases may have been tainted by prosecutors trying to...
In a little-noticed court filing earlier this month, federal prosecutors described Steve Bannon as a “co-conspirator” in a massive criminal fraud and racketeering case against a flamboyant, far-right Chinese fugitive, compounding the legal headaches of the former Donald Trump adviser. FBI agents in March 2023 arrested Guo Wengui, a self-styled anti-Chinese government activist Bannon once […]
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their entirety,” Ripple stated. Ripple Files Opposition to […]
A report released Wednesday found a widespread communications breakdown left residents in the dark as the fire spread.
Florida prosecutors are seeking the death penalty for a mother who forced her children, three and eight, to drink bleach. Joanne Zephir strangled her three-year-old daughter to death after stabbing her husband and making her daughters drink bleach, according to prosecutors. The 39-year-old, who claimed she was under the influence of a 'voo-doo spell', will stand trial for first degree murder with a weapon starting May 7