Crypto Fraud Pay 11 Billion
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Bitcoin ETFs helped drive the crypto’s price higher. That may no longer be the case.
Spot bitcoin exchange-traded funds have been an important driver of the cryptocurrency’s price, helping to push bitcoin to a record high in March. However, things have started to change.MarketWatch - Business - Crypto -
Crypto industry’s lobbying hit a record in 2023 — and is off to a strong start in 2024
The cryptocurrency industry’s spending on Washington lobbying rose to a fresh record last year, while it’s started out 2024 with more sizable spending to influence the U.S. government.MarketWatch - Business -
Ex-NBA player Davis sentenced in fraud scheme
Glen "Big Baby" Davis was sentenced by a federal judge to 40 months in prison for his conviction in an alleged scheme to defraud the NBA's health care benefits plan.ESPN - Sports -
Is Your Digital Advertising Agency Perpetuating Fraud?
Media buyers should be aware of the hidden threat that complicit agencies play in fraud manipulation.Inc. - Business -
Democratic congressman warns crypto may become winning issue for GOP after Trump voices support
Democratic Congressman Wiley Nickel’s remarks came after presumptive Republican presidential nominee Donald Trump expressed support for cryptocurrencies — and criticized the Biden administration’s efforts to regulate digital assets.MarketWatch - Business - Donald Trump -
Anti-abortion rights groups push abortion "reversal." States say that's fraud.
Some states are cracking down on claims by anti-abortion rights organizations that offer "abortion pill reversal" treatment.CBS News - Top stories - Abortion -
Fatburger parent company, chairman charged in alleged fraud scheme
Authorities charged Fatburger owner Fat Brands and Chairman Andy Wiederhorn of running a scheme that netted him $47 million in bogus loans from the company.NBC News - Top stories -
Bank of Mexico Leaves Benchmark Rate Unchanged at 11%
After cutting rates at its last meeting, the central bank voted unanimously for a pause as inflation edged higher in April.The Wall Street Journal - World - Mexico -
FTX says it plans to pay back most customers
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.CBS News - Top stories - Crypto -
Why are millions of people paying for Robinhood Gold?
A jump in paid subscriptions via Robinhood’s Gold program raises the question: are people willing to pay for ‘free’ trades.MarketWatch - Business -
Quinn Emanuel raises junior lawyer pay to £180,000
US litigation firm wades into City talent war with 18% salary increase for newly qualified lawyersFinancial Times - Business -
British Colleges Are Handling Protests Differently. Will It Pay Off?
University leaders have so far adopted a more permissive attitude to pro-Palestinian encampments than their U.S. counterparts. Here’s why.The New York Times - World -
Former NBA player Glen Davis sentenced to 40 months in prison for involvement in healthcare fraud scheme
Former NBA player Glen Davis was sentenced to 40 months in prison after his conviction for being involved in a scheme to defraud the league's healthcare plan.Yahoo Sports - Sports - NBA -
Can I wipe my credit card debt without paying?
You may be able to get rid of your credit card debt without paying, but that's not always the best route to take.CBS News - Top stories -
Police pay out £431,000 in sex assault and bullying case
Gemma MacRae has been paid more than £400,000 after she complained about bullying and sexual assault.BBC News - Top stories -
Can you use a HELOC to pay off your mortgage loan?
It's certainly possible to use a HELOC to wipe your mortgage obligations, but it may not make sense for everyone.CBS News - Top stories -
Biden Tax Plan's Challenge: Paying for His $400,000 Pledge
In a speech, White House economic adviser Lael Brainard highlighted the goals of extending some Trump-era tax cuts while raising taxes elsewhere.The Wall Street Journal - World - Joe Biden -
Biden Administration to Pay Dairy Farmers for Bird Flu Protective Measures
The payment system amounted to one of the most forceful actions taken so far by agriculture officials who have raced to keep up with the spread of the virus among dairy cows.The New York Times - Business - Joe Biden -
‘Jim Simons was the greatest’ — Ray Dalio, others pay tribute to trading legend
Some of the world’s most well-known investors paid tribute to Jim Simons following the Wall Street pioneer’s death Friday at the age of 86.MarketWatch - Business