Articles by Jack Queen and Luc Cohen

Sam Bankman-Fried Pleads Not Guilty in FTX Fraud Case; October Trial Set

Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused billions of dollars in losses, in what prosecutors have called an “epic” fraud. He entered his plea in …

FTX Founder Bankman-Fried Arrested in Bahamas at Behest of U.S. Prosecutors

FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before he was due to testify before Congress about the abrupt failure last month of one of the world’s largest cryptocurrency …

NFL Says Black Coaches’ Discrimination Case Should Be Resolved in Arbitration

A discrimination case brought by three Black coaches accusing the National Football League of racist hiring should be resolved in a closed arbitration proceeding rather than in open court, the league said in court papers late on Tuesday. Former Miami …

Binance U.S. Exchange Sued by Crypto Investor Over Stablecoin Collapse

Binance U.S. and its CEO were sued on Monday by a U.S. investor who alleges the cryptocurrency exchange falsely marketed Terra USD as a safe asset ahead of the so-called stablecoin’s collapse in value last month. Stablecoins are digital tokens …

Sarah Palin Loses Bid to Disqualify Judge from NY Times Defamation Trial

Former Republican vice presidential candidate Sarah Palin on Tuesday lost her bid to have the judge who oversaw her unsuccessful defamation lawsuit against the New York Times disqualify himself and order a new trial. The former Alaska governor said in …

Musk Sued by Twitter Investors for Stock ‘Manipulation’ During Takeover Bid

Billionaire Elon Musk was sued by Twitter Inc .investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla Inc. mounts a $44 billion takeover bid for the social media platform. The investors said …

Couple Accused of Laundering $4.5B in Bitcoin Tied to 2016 Hack

The U.S. Justice Department said on Tuesday it has unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in bitcoin tied to the 2016 hack of digital currency exchange Bitfinex and arresting a husband-and-wife team on money laundering charges. …

Insurers Limit Earthquake Exposure in Oklahoma

As the number of earthquakes in Oklahoma exploded into the hundreds in the last few years, nearly a dozen insurance companies moved to limit their exposure, often at the expense of homeowners, a Reuters examination has found. Nearly 3,000 pages …

Insurers Limit Exposure as Quakes Increase in Oklahoma

As the number of earthquakes in Oklahoma exploded into the hundreds in the last few years, nearly a dozen insurance companies moved to limit their exposure, often at the expense of homeowners, a Reuters examination has found. Nearly 3,000 pages …

‘Monster’ El Nino May Increase Global Warming, Cause Stronger Weather Events

In Buffalo, it hasn’t snowed yet this year. A Duluth, Minnesota, newspaper reported that the temperature was 40 degrees above zero, not below. And in Miami, beachgoers are staying indoors during what’s already the third-wettest December in local history. What’s …