bitcoin falls: Bitcoin falls 3% as traders mull risk of sales linked to Mt. Gox

bitcoin falls: Bitcoin falls 3% as traders mull risk of sales linked to Mt. Gox

Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up efforts to return a $9 billion hoard of the largest digital asset to creditors. The original cryptocurrency dropped as much as 2.7% and was trading at about $67,840 as of 12:15 p.m. Tuesday in … Read more

US makes arrests in North Korea-tied IT job scam

US makes arrests in North Korea-tied IT job scam

WASHINGTON: US prosecutors on Thursday announced the arrests of an American woman and a Ukrainian man they say helped North Korea-linked IT workers posing as Americans to obtain remote-work jobs at hundreds of US companies. The US department of justice (DoJ) said the elaborate scheme, aimed at generating revenue for North Korea in contravention of … Read more

Adani calls report on bribery probe by US prosecutors false

Adani calls report on bribery probe by US prosecutors false

Adani Group companies haven’t received any notice from the US Department of justice regarding a probe into whether the Indian conglomerate may have engaged in bribery, according to exchange filings.Bloomberg News reported last week, citing people with direct knowledge of the matter, that US prosecutors have widened their probe of the Adani Group to focus … Read more

Some Adani dollar bonds fall most in over six months on US probe

Some Adani dollar bonds fall most in over six months on US probe

NEW DELHI: Several of Adani Group’s dollar bonds fell the most in more than half a year, after news that US prosecutors have widened their probe of the port-to-power conglomerate to focus on whether it may have engaged in bribery.A note from unit Adani Ports & Special Economic Zone Ltd. due in 2041 slid 2.4 … Read more

US probing Gautam Adani and his group over potential bribery

US probing Gautam Adani and his group over potential bribery

US prosecutors have widened their probe of Adani Group to focus on whether the company may have engaged in bribery as well as the conduct of the company’s billionaire founder, according to people with direct knowledge of the matter.Investigators are digging into whether an Adani entity, or people linked to the company including Gautam Adani, … Read more

US Urges Appeals Court To Reject Trump’s Immunity Claim In 2020 Election Case

US Urges Appeals Court To Reject Trump’s Immunity Claim In 2020 Election Case

Smith said creating such a legal shield would place presidents above the law. Washington: U.S. prosecutors on Saturday urged a federal appeals court to reject former President Donald Trump’s claim that he cannot face criminal charges for seeking to overturn his defeat in the 2020 election. Special Counsel Jack Smith, who is overseeing the prosecution, … Read more