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Trump Organization found guilty in executive tax-fraud scheme
NEW YORK — Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan…
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What Celsius Network’s bankruptcy case means for other failed crypto platforms
The judge overseeing Celsius Network’s bankruptcy case is expected to decide if the crypto firm has full ownership rights over…
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Appeals court ends special-master review of Trump documents, in win for Justice Department
WASHINGTON — A federal appeals court on Thursday ended an independent review of documents seized from former President Donald Trump’s…
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FTX’s Sam Bankman-Fried says he didn’t know scale of bad Alameda bets
Sam Bankman-Fried said that he didn’t intend to commit any fraud or use customer funds to back leveraged bets that…
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There are 50 million people in modern slavery – the City ‘can and should do more’
The City must step up to tackle modern slavery, according to leading campaigners, amid warnings the UK government is failing to prevent a…
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Crypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: report
Just hours after filing for Chapter 11 bankruptcy in New Jersey on Monday, cryptocurrency lender BlockFi filed a lawsuit against…
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Cyber Insurers Turn Attention to Catastrophic Hacks
While cyber insurance has evolved significantly in recent years, insurers say they might still be unprepared for the fallout from…
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Litigation funder Harbour targets $400m war chest to invest in legal cases
Harbour Litigation Funding is gearing up to raise a new $400m fund to invest in legal cases. The litigation finance…
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FTX hires former regulators to investigate what led to the crypto giant’s bankruptcy
Cryptocurrency exchange FTX, whose recent collapse has led to questions about lacking regulatory oversight, has hired a fitting team to…
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Hackers Temporarily Take Down European Parliament Website
The European Parliament’s website was briefly disabled by a denial-of-service cyberattack on Wednesday, hours after lawmakers passed a resolution labeling…
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FTX Hires Ex-Regulators to Investigate Firm’s Collapse
Cryptocurrency exchange FTX, whose recent collapse has led to questions about lacking regulatory oversight, has hired a fitting team to…
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Virginia Walmart shooter was store manager, police and witness say
CHESAPEAKE, Va. (AP) — A Walmart manager opened fire on fellow employees in the break room of a Virginia store,…
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FTX debuts biggest crypto bankruptcy in court — what to expect
FTX is expected to make its debut appearance on 22 November in Delaware bankruptcy court, where its new management is…
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Convicted Libor rigger Tom Hayes files fresh submission to overturn prosecution
Convicted Libor rigger Tom Hayes has made a new submission for his case to be reviewed by a UK body…
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Convicted Libor rigger Tom Hayes fights to clear his name again
Convicted Libor rigger Tom Hayes plans to submit a fresh appeal to overturn his UK conviction after a US court…
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Supposed $477 million FTX ‘hack’ was actually a Bahamian government asset seizure
Remember that hack of nearly half a billion dollars in cryptocurrency from bankrupt FTX last weekend? Turns out it was…
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Elizabeth Holmes sentenced to over 11 years in prison for Theranos crimes
Theranos founder and former chief executive Elizabeth Holmes was sentenced to 135 months, or over 11 years, in prison, putting…
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FTX staff vent their anger as collapse leaves them in shock
One FTX executive vomited when he learned that the crypto exchange was missing billions of dollars of customer money. A company lawyer…
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The Magic Circle isn’t dead yet – but it is facing some serious challenges
Reports of the Magic Circle’s death have been greatly exaggerated. That is according to partners, in-house lawyers, legal consultants and recruiters…
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MH17 verdicts: 2 Russians and 1 Ukrainian separatist convicted of 298 murders
SCHIPHOL, Netherlands (AP) — A Dutch court on Thursday convicted two Russians and a pro-Moscow Ukrainian separatist in absentia of…
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US law firm Boies Schiller plots London hires to meet ‘booming’ demand for litigation work
US law firm Boies Schiller Flexner is recruiting lawyers to staff the surging demand it is seeing for litigation work…
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Opinion: No, an indictment wouldn’t end Trump’s run for the presidency – he could even campaign or serve from a jail cell
Donald Trump announced his 2024 run for the presidency on Nov. 15. In his address he railed against what he perceived…
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Top City lawyer rebuked by regulator after dangerous driving conviction
One of London’s top litigation lawyers has been rebuked by the solicitors’ watchdog following a conviction for dangerous driving. Boris…
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Ripple expands payments offering to Africa amid US regulatory pressure
Crypto firm Ripple Labs is to expand its cross-border payments offering to Africa, as it seeks to expand its global footprint in…
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Hot Market for Cyber Insurance Begins to Stabilize
The market for cyber insurance has begun to stabilize after a surge in ransomware attacks in recent years propelled a…
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FCA backlogs set to continue as veteran enforcement head Mark Steward steps down
Regulatory experts are expecting a backlog in Financial Conduct Authority investigations to continue as the regulator’s veteran enforcement head Mark…
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Katie Hobbs wins Arizona governor’s race, flipping state for Democrats
PHOENIX — Democrat Katie Hobbs was elected Arizona governor on Monday, defeating an ally of Donald Trump who falsely claimed the 2020 election was…
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No criminal charges planned in Rudy Giuliani-Ukraine probe, prosecutors say
NEW YORK — Prosecutors in New York do not plan to bring criminal charges against Rudy Giuliani in connection with…
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University of Virginia shooting suspect in custody, university police announce
CHARLOTTESVILLE, Va. (AP) — The three students killed in a shooting at the University of Virginia were all members of…
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SFO director Lisa Osofsky admits being taken in by ‘fixer’ in Unaoil case
The director of the Serious Fraud Office Lisa Osofsky has admitted to MPs that she was taken in by an…
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FCA targets asset managers as ESG funds review kicks off
The Financial Conduct Authority is probing how asset managers have implemented the regulator’s ESG principles — a move that could eventually lead to…
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Binance’s US arm turns to ex-FBI agent to head investigations team
The US arm of Binance, the world’s largest crypto exchange by trading volume, has hired former FBI agent BJ Kang…
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Credit Suisse reaches €238m settlement over French tax fraud case
Credit Suisse said on 24 October that it has reached a €238m settlement with French prosecutors over a case involving…
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EY UK says it is ‘not responsible’ for alleged failures by firm’s Middle East arm in $2.7bn NMC Health claim
EY UK said it is “not responsible” for alleged failures by its Middle East arm in a defence to a…
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Elon Musk completes Twitter deal and immediately fires executives
Elon Musk fired several Twitter executives after completing his takeover of the company, according to people familiar with the matter, capping an unusual…
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Convicted Libor rigger Tom Hayes has US indictment quashed as UK appeal continues
Convicted Libor rigger Tom Hayes has had an indictment against him in the US dismissed, as the former UBS and…
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PwC set for court showdown over £63m ‘leak’ claim
PwC is set for a major court battle over claims that one of its senior partners leaked sensitive information about…
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SFO boss Lisa Osofsky to leave: ‘Wins have been eclipsed by scandals’
Serious Fraud Office director Lisa Osofsky is set to step down in August 2023 after a term in office that…
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Spyware Scandals Prompt Calls for Further Bans in Europe
A Europe-wide moratorium on surveillance software such as NSO Group’s Pegasus and similar products is needed to clamp down on…
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M&A tech firm Datasite axes staff as deal boom slides
A software firm that works with the world’s biggest investment banks to automate grunt work has laid off staff as a slowdown…
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Deutsche Bank faces potential fine over dirty money controls
Germany’s top financial watchdog threatened to fine Deutsche Bank if it doesn’t implement controls against money laundering by a set…
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US justice department said it seized crypto once valued at $3.3bn
The US Department of Justice said on 6 November it had seized cryptocurrency once valued at $3.36bn from a Georgia…
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