Adani Offshore Investor Has Links to Adani Family

Business Asia A short seller’s allegations of fraud by Gautam Adani’s conglomerate center on whether his family wielded influence over Mauritius-based investors

Elon Musk Found Not Liable in Trial Over Tweets Proposing to Take Tesla Private

Tech Verdict relates to his 2018 tweets about the possibility of taking Tesla private

Man with knife wounds several at Paris’ Gare du Nord station: Report

Sylvain Sonnet | The Image Bank | Getty Images A man with a knife wounded several people at the Gare du Nord train station in Paris on Wednesday morning, France Bleu radio reported. The attacker was “neutralised” by police, interior minister Gerald Darmanin said on Twitter, without going into further detail.  The attack happened around … Read more

Caroline Ellison says she’s ‘truly sorry for what I did,’ as she pleads guilty

Caroline Ellison has apologized for stealing billions in customer deposits at crypto exchange platform FTX to make bets at Alameda Research, the hedge fund she ran. “‘I am truly sorry for what I did.’” — Caroline Ellison, former head of Alameda Research Ellison made her comments in front of a judge in New York federal … Read more

The Crypto Ice Age Is Here. It Could Get Even Worse.

For crypto investors, the only thing to celebrate about 2022 is that it is almost over. The industry is fighting for its life amid a cascade of scandals, bankruptcies, and fury in Washington over its freewheeling, if not fraudulent, ways. Bitcoin has lost 67%  since late 2021. The token market is down by $2 trillion … Read more

Albertsons’ $4 Billion Dividend Payout Remains Blocked

Albertsons’ $4 Billion Dividend Payout Remains Blocked

Ex-Theranos COO Sunny Balwani sentenced to nearly 13 years in prison

Former Theranos chief operating officer and president Ramesh “Sunny” Balwani was sentenced to nearly 13 years in prison Wednesday for fraud, after the unraveling of the blood-testing juggernaut prompted criminal charges in California federal court against both Balwani and Theranos founder Elizabeth Holmes, who on Nov. 18 was sentenced to more than 11 years in … Read more

Bankman-Fried’s ‘I screwed up’ script about penalties vs. jail: Lawyer

FTX founder Sam Bankman-Fried went on an “I screwed up” media blitz this week, highlighted by his video appearance at the New York Times DealBook summit on Wednesday and continuing into the Sunday talk shows. U.S. securities lawyer James Murphy, speaking to CNN’s Quest Means Business on Thursday, said Bankman-Fried “did a very good job … Read more

GOP operative convicted of funneling Russian donation to Trump’s 2016 campaign

In this Tuesday, Sept. 20, 2016, file photo, Jesse Benton arrives for his sentencing hearing at the federal courthouse in Des Moines, Iowa. David Pitt | AP WASHINGTON — A Republican political operative and former campaign aide was convicted in federal court this week of funneling $25,000 from a Russian businessman to Donald Trump’s 2016 … Read more

Supreme Court allows Jan. 6 subpoena for Arizona GOP chief Kelli Ward

Arizona Chairwoman Kelli Ward speaks during the Rally To Protect Our Elections conference on July 24, 2021 in Phoenix, Arizona. Brandon Bell | Getty Images The Supreme Court on Monday rejected a request by Arizona Republican Party Chairwoman Kelli Ward to block her phone records from being subpoenaed by the select House committee investigating the … Read more