The cryptocurrency industry has been riddled with scams and fraudulent schemes, but none have been as widespread and lucrative as the HyperFund pyramid scheme. In a shocking turn of events, the Department of Justice (DOJ) has brought criminal charges against two individuals and secured the guilty plea of a third person for orchestrating this $1.9
Politics
Former President Donald Trump recently took to his new social media platform, Truth Social, to assert that the stock market’s upward trajectory is solely thanks to his influence. In an all-caps post, Trump declared, “THIS IS THE TRUMP STOCK MARKET” and attributed the market’s success to investors projecting his future victory over President Joe Biden.
Commodities trader Trafigura recently faced a security crisis when one of its tankers, the Marlin Luanda, was attacked by Yemen’s Houthi group in the Red Sea. As a result, Trafigura is now evaluating the risks associated with further voyages in the region. This incident has prompted other shipping companies to suspend transits through the Red
In a shocking turn of events, Vince McMahon, the executive chairman of TKO Group Holdings and founder of WWE, has resigned from both companies following allegations of sexual assault and sex trafficking. The news was confirmed by a WWE memo obtained by CNBC, which stated that McMahon will no longer have a role with TKO
The Federal Trade Commission (FTC) recently announced that it has fined Kubota, a leading tractor manufacturing company, $2 million for falsely labeling some of its replacement parts as “Made in the USA.” This settlement represents the largest civil penalty imposed for violating the Made in USA Labeling Rule, according to Samuel Levine, director of the
Recently, Binance founder, Changpeng “CZ” Zhao, faced rejection by a federal judge regarding his request to travel to the United Arab Emirates (UAE) for personal reasons. Despite offering to post his Binance equity worth $4.5 billion as security, the judge denied his request. This decision was revealed in a new court filing, shedding light on
Billionaire Reid Hoffman has decided not to provide any further financial support to Nikki Haley’s presidential campaign following her defeat in the New Hampshire Republican primary. This decision comes as a blow to Haley, as Hoffman was one of her early wealthy donors. While Haley has declared her intention to continue competing against former President
In a shocking turn of events, Mark Black, a former high-ranking lawyer at the Federal Deposit Insurance Corporation (FDIC), has pleaded guilty to conspiring to sexually exploit multiple children. This appalling revelation has rocked the legal and swimming communities, as Black was not only a respected lawyer but also served as the president of the
The highly anticipated sex assault defamation trial involving former President Donald Trump and E. Jean Carroll took an unexpected turn on Monday when a juror called in sick. This development has postponed the trial, leaving both parties and the public wondering about the implications of this delay. Trump’s attorney, Alina Habba, informed Judge Lewis Kaplan
In an unexpected turn of events, Florida Governor Ron DeSantis has officially dropped out of the 2024 presidential race and announced his endorsement of front-runner Donald Trump. This announcement came just two days before the New Hampshire primary, leaving many supporters and political analysts stunned. DeSantis took to social media to explain his decision, stating,