US charges two foreign nationals with laundering millions from pig-butchering scams

dlnews.com Two foreign nationals were charged Friday with laundering about $73 million in crypto stolen from victims defrauded in crypto pig-butchering scams, the US Justice Department…

TikTok, US Call on Court to Fast-Track Appeals as Ban Date Looms

asiafinancial.com The US Justice Department and TikTok have urged the US appeals court to fast-track the legal challenges to Washington’s divest-or-ban threat to the video-sharing app.…

Boeing whistleblower died by suicide, police investigation reveals

aol.com Editor’s Note: If you or someone you know is struggling with mental health, help is available. Dial or text 988 or visit 988lifeline.org for free and confidential support.…

TikTok Requests Expedited Court Review to Decide on App Ban by December

tftc.io The U.S. Justice Department and the popular social media platform TikTok, owned by China-based ByteDance, have jointly requested an expedited review of legal challenges…

Kim Jong Un's North Korea Conducts Missile Test A Day After Top Leader's Sister Denies Supplying Weapons To Russia Amid Ukraine War

benzinga.com North Korea reportedly test-fired suspected short-range ballistic missiles. This comes on the heels of Kim Jong Un‘s sister Kim Yo Jong‘s denial of supplying arms to Russia.…

Google seeks non-jury trial in US ad tech lawsuit, filing says

aol.com Alphabet's Google in a court filing on Thursday is seeking a non-jury trial in the U.S. Justice Department's lawsuit accusing the advertising and search giant of…

Brothers Arrested for Allegedly Exploiting Ethereum Blockchain to Steal $25 Million in 12 Seconds

cryptonews.com In a landmark case that has to be the first of its kind, two brothers, both graduates of the prestigious Massachusetts Institute of Technology (MIT), have been apprehended…

Bank Employee Attacks Hundreds of Accounts, Sells Customers’ Payment and Personal Data in Insider Scheme: US Justice Department

dailyhodl.com An employee at a US bank repeatedly stole and sold customer data in a lucrative insider scheme, according to the US Justice Department. The United States Attorney’s Office…

Justice Department Accuses Boeing Of 2021 Settlement Breach

benzinga.com The U.S. Justice Department has accused Boeing Co. BA of violating a 2021 settlement agreement concerning the company's involvement in two fatal 737 MAX crashes. The…

Binance just got an internal watchdog

dlnews.com Citigroup had one. So did Wells Fargo, Deutsche Bank, and Credit Suisse. Now Binance has one, too. Changpeng Zhao may have created his cryptocurrency exchange to usher in a…

U.S. Justice Department says Boeing breached 2021 737 Max criminal prosecution deal

theglobeandmail.com The U.S. Justice Department said on Tuesday that Boeing Co BA-N had breached its obligations in a 2021 agreement that shielded the plane maker from criminal prosecution over…

Zoning regulations empower control freaks

reason.com Hinga Mbogo was forced to move his Dallas auto repair shop when city officials rezoned the area around his land because they preferred prettier businesses. (Institute for…

DOJ says Boeing broke deal that avoided prosecution after 2 fatal 737 Max crashes

npr.org DOJ says Boeing broke deal that avoided prosecution after 2 fatal 737 Max crashes WASHINGTON — Boeing has violated the terms of a deal to avoid prosecution after the fatal…

Boeing may be prosecuted after breaking safety agreement that prevented criminal charges for 737 crashes, US DOJ says

aol.com The US Justice Department on Tuesday notified Boeing that it breached terms of its 2021 agreement in which the company avoided criminal charges for two fatal 737 Max…

US says Boeing breached 2021 737 MAX criminal prosecution deal

aol.com The U.S. Justice Department said late on Tuesday that Boeing Co had breached its obligations in a 2021 agreement that shielded the planemaker from criminal prosecution over…

Justice Dept. to prosecute Boeing in 737 MAX crashes, finds it broke deal

seattletimes.com The U.S. Justice Department will pursue criminal charges against Boeing following two fatal 737 MAX crashes more than five years ago.

From co-founder to convicted: CZ sentencing caps years of Binance legal woes

dlnews.com Changpeng Zhao finds out today how long he will spend behind bars. A Seattle court will decide the Binance co-founder and ex-CEO’s fate after he pleaded guilty in November…

Trump Media Firm's Tech-Ad Partner Rumble Sues Google For $1B Over Alleged Ad Monopoly

benzinga.com Video sharing platform, Rumble RUM has initiated legal proceedings against tech giant, Google GOOGL GOOG, accusing it of monopolistic practices in its digital advertising…

Rumble sues Google over digital advertising practices

aol.com Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and…

US Senators ring alarms over the DOJ’s treatment of crypto mixers and its interpretation of money transmitters

theblock.co Bipartisan lawmakers sharply criticized the U.S. Justice Department's enforcement approach to crypto networks in a letter sent last week.

US reclassification could drive fresh research funding into pot sector

aol.com The U.S. pot sector could see an influx of medical research funding from healthcare investors amid renewed interest from pharmaceutical firms, should a proposal to…

Former Las Vegas casino executive sentenced to year of probation in bookmaking money laundering case

abcnews.go.com A former top executive at Las Vegas Strip casinos has been sentenced to a year of probation after pleading guilty to violating federal anti-money laundering rules LOS…

Binance Under Surveillance of US Justice Dept’s Monitor Forensic Risk Alliance

coingape.com The U.S. Department of Justice (DOJ) selected consulting firm Forensic Risk Alliance (FRA) as monitor of the world’s largest crypto exchange Binance Holdings Ltd over top…

Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering

abcnews.go.com Former Binance CEO Changpeng Zhao has been sentenced to four months in prison for allowing rampant money laundering on the world’s largest cryptocurrency exchange SEATTLE --…

Opening Bell: 5.9.24

dealbreaker.com 'Who are these people?': Trump uses day off to host dinner for NFT buyers [MSNBC]Former president Trump took advantage of his day off from his criminal hush money trial to…

Tesla Stock's Tough Week Continues As Another Executive Leaves Company. Shares Continue To Test Support Level

investors.com stock is on pace to book a weekly loss after gaining a combined 22% in the previous two weeks. On Wednesday, another executive announced he had left the EV giant and Reuters…

The Morning Risk Report: More Regulators Eye Whistleblower Award Programs Hoping for Insider Tips

createsend.com Good morning. More than a decade after a global financial crisis and the Bernie Madoff Ponzi scheme led to the establishment of two whistleblower award programs in the U.S.,…

The rise and fall of LocalMonero

protos.com The co-founder of LocalMonero, Alex Daneo, announced on Reddit that he will be ceasing operations after almost 7 years. Like the also-defunct LocalBitcoins service for…

Tesla Target of US Fraud Probe Over Autonomous Car Claims

asiafinancial.com The US Justice Department is examining whether Tesla misled consumers, investors and regulators about its promises for self-driving vehicles Tesla is under investigation by…

Crypto Wallet Provider Exodus Delays NYSE Listing Due to SEC Review

cryptonews.com Exodus Movement, a prominent crypto wallet company, has announced a delay in its planned listing on NYSE American, the sibling market of the New York Stock Exchange. The…

Dodger superstar's confidant pleaded guilty to stealing $17 million from the power hitter to cover debts

fortune.com An interpreter for Los Angeles Dodgers star Shohei Ohtani has agreed to plead guilty to criminal charges after secretly transferring about $17 million from the player’s…

Executive on probation for giving freebies to a high roller and letting him gamble millions

fortune.com A former top executive for major Las Vegas casinos was given a year of probation Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at…

Judge grills Apple exec about whether company is defying order to enable more iPhone payment options

apnews.com A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps,…

Tesla faces federal investigation: What we know so far

thestreet.com TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Wednesday, May 8. Related: Tesla…

Investors wary of US cannabis ETFs despite recent rally

aol.com New proposed federal rules governing marijuana have so far failed to spark fresh buying interest in exchange-traded funds (ETFs) tracking the shares of North American…

MGM Grand ex-president to be sentenced in money laundering case

fortune.com A former top executive for major Las Vegas casinos was set to appear before a federal judge on Wednesday after admitting he allowed an illegal bookmaker to gamble millions…

Former Las Vegas casino executive to be sentenced in bookmaking money laundering case

apnews.com A former top executive for major Las Vegas casinos was set to appear before a federal judge on Wednesday after admitting he allowed an illegal bookmaker to gamble millions…

Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors

cryptonews.com LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services with immediate effect. In a Tuesday…

British Microsoft-backed self-driving startup Wayve raises $1 billion, clocking new high in Europe-based AI funding deal

fortune.com British self-driving startup Wayve has raised $1 billion in its latest funding round, setting a record for venture capital investment into a Europe-based AI company.…

Exodus Approved for NYSE Listing, Trading Begins on May 9

cryptonews.com Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE under the ticker EXOD. Trading for the stock will commence on the platform…

Cartier Jewelry Heir Busted for Laundering Money with Crypto

cryptonews.com The US Justice Department (DoJ) arrested an heir to the Cartier empire on May 2. He was charged with laundering proceeds of drug trafficking using Tether’s USDT stablecoin.…