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Tuesday, March 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Financial

EU states urge bloc’s lender to up financing for defense

Against the backdrop of the ongoing Russia-Ukraine war, 14 EU nations called for more funding from the European Investment Bank for strictly military use equipment.

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

“Sam is not the ‘evil genius’ depicted in the media or the greedy villain described at trial,” Bankman-Fried attorney Marc Mukasey said.

FTC targets online computer repair tool scams Restoro and Reimage

According to the Internet Crime Complaint Center, online scams defrauded Americans out of $12.5 billion in 2023, with Americans over 60 bearing the brunt with $3.4 billion in losses.

UK high court rules Australian computer scientist is not mysterious bitcoin founder as he claims

At stake was not just bragging rights to the creation of bitcoin, the world’s most popular virtual currency, but control of the intellectual property rights.

Arizona Senate committee moves to restrict SNAP benefits

Two bills would require able-bodied adults who receive food stamps to participate in mandatory employment and training programs, with a few exceptions.

Bank of America experts struck

WASHINGTON — A federal court in Washington, D.C., granted the Federal Deposit Insurance Corporation’s motion to strike two experts’ reports in its case against Bank of America, which allegedly illegally reduced its FDIC insurance premiums by $1.12 billion between 2012 and 2014. The experts are qualified, but their opinions took on the role of the court in drawing legal conclusions and interpreting regulations, and the role of the jury in drawing factual conclusions.

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