Topline A California court on Wednesday ordered the head of the Saudi Arabian sovereign wealth fund to appear in court as part of a lawsuit brought by the PGA Tour against its Saudi-bankrolled rival, ...
Tag: ordered
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD). The transaction to...
Paxos reportedly ordered to stop issuing Binance USD
The New York Department of Financial Services (NYDFS) has ordered blockchain company Paxos Trust to stop the issuance of dollar-pegged Binance USD (BUSD) stablecoin. The New York regulator’s actions ...
Paxos ordered to cease minting Binance stablecoin by New York regulator
Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial regulator,...
BNB declines after Paxos ordered to stop BUSD issuance
Binance’s native coin BNB has declined nearly 6% in the past 24 hours, trading to lows of $289 on major cryptocurrency exchanges. According to CoinGecko data, Binance Coin price hit highs of $321 late...
Former FTX CEO ordered not to contact current or former employees
As a condition of his release from federal custody, the federal court who is presiding over the criminal case against Sam Bankman-Fried, the former chief executive officer of FTX, has ruled that he is...
Ordered Back To The Office? 5 Reasons To Feel Better About It
Your employer probably wants you back in the office—but you can feel good about going in. getty If you’re like many people, you’ve been asked to come back to the office. Some organizations have taken ...
Bithumb ordered to pay outage damages to investors by South Korean court
The ongoing saga of the South Korean cryptocurrency exchange Bithumb continues, this time with ruling from local courts. On Jan. 13 the South Korean Supreme Court finalized its ruling that the exchang...
Bithumb ordered to pay damages for outage during bitcoin’s 2017 rally: Yonhap
Crypto exchange Bithumb has been ordered to pay $200,000 in damages to more than a hundred investors over an exchange outage during bitcoin’s rally in 2017. Bithumb has been ordered to pay...
Remote worker ordered to repay employer for “time theft”
A Canadian accountant has been ordered to repay her employer for “time theft” after the company’s tracking software determined that she was performing personal tasks while she claime...
Trump Organization Ordered To Pay $1.6 Million For Tax Fraud
Topline The Trump Organization must pay $1.6 million in fines after being found guilty of tax fraud, a judge ordered Friday according to multiple outlets, after former President Donald Trump’s family ...
Nepalese ISPs Ordered to Block Crypto Websites
Internet and email service providers have been ordered by the Nepalese telecommunications regulator to block access to any cryptocurrency-related trading websites or face possible legal action. Intern...
Mark Cuban’s full deposition ordered in proposed Voyager-promotion lawsuit
Mark Cuban is scheduled to be deposed in February as part of a defense against a proposed class-action lawsuit regarding his alleged promotion of now-bankrupt crypto lender Voyager Digital. U.S....
Evacuation Ordered For Celebrity-Filled Montecito As California Faces Historic Floods
Topline All residents of the coastal community of Montecito, California, were ordered to flee their homes Monday due to historic flooding that has killed at least 12 people across California in the pa...
Mango Markets exploiter Avraham Eisenberg ordered into detention pending trial
In a new update to the Mango Markets exploit saga, the United States District Court for the District of Puerto Rico has issued an order of detention to the infamous Mango Markets exploiter Avraham Eis...
Grubhub ordered to pay $3.5 million to settle Washington DC deceptive practices lawsuit
Grubhub has been ordered to pay $3.5 million to settle the lawsuit filed against the company by the District of Columbia over “deceptive trade practices.” Washington DC Attorney General Ka...
Wells Fargo Ordered To Pay Customers $3.7 Billion For Causing ‘Financial Harm’
Topline Wells Fargo will have to pay $3.7 billion in fines and refunds to customers for several consumer financial law violations, according to U.S. regulators Tuesday, the largest penalty against the...
Sam Bankman-Fried Ordered Back To Bahamian Jail In Surprise Twist
Topline Sam Bankman-Fried, the former billionaire crypto wunderkind now jailed in the Bahamas and facing a litany of criminal charges for alleged fraud, did not agree to extradition back to the U.S. a...
United Airlines Ordered 200 Boeing Planes, Breathing New Life Into Plane Manufacturer
| Getty Images Key Takeaways United Airlines ordered 200 planes from Boeing. The order shows a vote of confidence from a major airline. An order of this size also reveals United Airlines’ overal...
Former Wells Fargo execs ordered to pay $18.5M over fake accounts scandal
Three former Wells Fargo executives face hefty fines over the mega-bank’s fake accounts scandal after a judge recommended they be forced to pay $18.5 million in collective penalties for failing ...
Celsius Ordered To Return $44M To Users
A United States court has ordered the bankrupt crypto company Celsius to refund its customers with crypto assets worth $44 million. Judge Orders Crypto Returns The crypto lender, which announced its ...
Celsius ordered to return $50M to crypto investors
Crypto investors have seen the worst of financial winters in 2022. However, that narrative is about to change for some Celsius crypto investors. Recent reports indicate that a U.S. bankruptcy judge in...
Celsius Ordered to Return $44M of Customer’s Custodied Crypto
In a hearing on Dec. 7, bankruptcy judge Martin Glenn ordered the embattled crypto-lending firm to return funds that were not part of its yield-bearing accounts. The total is around $44 million, which...
Cigarette makers ordered to display warning signs at retailers
Altria’s Marlboro cigarettes sold at a store. Simon Dawson | Bloomberg | Getty Images Major cigarette companies will soon be required to post signs at retail locations warning of the health effe...
Jeremy Spence Ordered To Pay $2.8 Million (USD) To Victims
The US Department of Justice (DOJ) has ordered to pay nearly $2.8 million (USD) to people affected by the Jeremy Spence crypto scam. Jeremy Spence, the crypto scammer who defrauded the crypto investor...
Coin Signals ordered to return funds to victims
Authorities in the United States of America have ordered crypto scammer Coin Signals to return about $2.8 million to the victims of his scam activities. The criminal, Jeremy Spence, was arrested by au...
Crypto Scammer Coin Signals Ordered to Pay $2.8 Million to Victims
The American authorities ordered Jeremy Spence (a.k.a. “Coin Signals”) to pay over $2.8 million in restitution to victims of his cryptocurrency fraud. The US Department of Justice (DOJ) sentenced the...
Coin Signals ordered to pay $2.8 million in CFTC crypto fraud suit
According to a public statement by the CFTC on Thursday, Jeremy Spenz, founder of Coin Signals pled guilty to running a ponzi scheme. Jeremy Spence is ordered to repay the amount that he allegedly gai...
Binance, Coinbase, Kraken ordered to disclose user data in hack probe: FT
Six exchanges — including Binance, Coinbase, Luno and Kraken — will have to share user data to help trace $10.7 million in funds stolen from an unnamed UK-based exchange in 2020. London’s High C...
Shinhan Financial’s U.S. Unit Ordered to Beef Up Money Laundering Oversight
A U.S. unit of South Korea’s Shinhan Financial Group has agreed to bolster the oversight of its anti-money-laundering program as part of a settlement with the Federal Deposit Insurance Corp. Shinhan B...
FTX ordered to pay reimbursement fees to Bahamian regulators
The bankrupt cryptocurrency exchange FTX’s trouble continues to mount with each passing day, with the latest coming from the Bahamas, once its headquarters. The Supreme Court of Bahamas issued an orde...