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.
Legal & Regulatory
US Hacker Gets 5-Year Prison Sentence Over Record-Breaking $4.5 Billion Bitcoin Theft
A US hacker and his wife were convicted of laundering $4.5B in Bitcoin stolen from the 2016 Bitfinex hack, using fake identities, crypto swaps, and gold purchases.
UBS Under US Investigation for Handling Russian Client Funds After Taking Over Credit Suisse
UBS is under US investigation for handling Russian client funds from Credit Suisse, prompting US authorities to review accounts for potential sanctions violations.
Shell No Longer Required to Cut Emissions by 45% After Winning Appeal in Dutch Court Ruling
Shell successfully appeals a 2021 ruling, avoiding a requirement to reduce its emissions by 45% by 2030, marking a setback for climate activists.
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.
Latest News
European courier services face mystery parcel fires linked to Russian operatives aiming to disrupt flights to the US and Canada.
Seven French families are suing TikTok, claiming harmful content led to two suicides among minors.
India's largest newswire, ANI, is pursuing a $237,000 defamation lawsuit against the Wikimedia Foundation over alleged harmful claims posted on its page.
The Indonesian government ensures that 50,000 Sritex employees will not lose their jobs despite the company's bankruptcy.
McDonald's pulled fresh onions and Quarter Pounders in 20% of US locations, after E. coli outbreak hospitalizes 49 and kills one.
Former Abercrombie CEO Mike Jeffries faces 16 charges tied to an alleged international sex trafficking scheme during his tenure.
Eli Lilly is suing medical spas and vendors for selling unapproved, fake weight-loss products containing their active ingredient, tirzepatide.
80% of toys sold online in Europe, including on Amazon, fail to meet safety standards, prompting calls for greater accountability from online marketplaces.
Truong My Lan, a Vietnamese tycoon, faces life imprisonment and a prior death sentence for property and bond fraud involving billions of dollars.
