Jury selection has been completed in the criminal fraud trial of Sam Bankman-Fried, the co-founder of FTX cryptocurrency exchange. The trial, which began Tuesday (Oct. 3) in Manhattan federal court, will determine whether Bankman-Fried is guilty of using billions of dollars in customer deposits for...
Plant-based burger maker Beyond Meat is facing a lawsuit from former business partner Don Lee over fraud allegations, saying the company misappropriated its trade secrets and broke a contract. This could hurt its stock rates, according to CCN.com. Don Lee alleges that it helped Beyond...
Facebook is still legally on the hook for a September data breach that affected 30 million of their customers. Hackers were reportedly able to exploit several software failings in order to obtain login access to consumer accounts. Facebook had moved to have the case dismissed...
During a fraud trial on Tuesday (Feb. 19), the former chairman of Barclays bank said that Qatar was “not as central” to the bank’s plans to fundraise billions in 2008, according to a report in the Financial Times. Marcus Agius was speaking during a trial...
October 16, 2023
Disgraced FTX CEO Sam Bankman-Fried pleaded for access to his long-release Adderall in a late-night plea to U.S. District Judge Lewis Kaplan Sunday, per a CNBC report Monday (Oct. 16). The controversial trial, which is ongoing in federal court in New York, stands to decide the future of Bankman-Fried and whether he may spend the rest of […]
January 29, 2020
Plant-based burger maker Beyond Meat is facing a lawsuit from former business partner Don Lee over fraud allegations, saying the company misappropriated its trade secrets and broke a contract. This...
June 25, 2019
Facebook is still legally on the hook for a September data breach that affected 30 million of their customers. Hackers were reportedly able to exploit several software failings in order...
February 19, 2019
During a fraud trial on Tuesday (Feb. 19), the former chairman of Barclays bank said that Qatar was “not as central” to the bank’s plans to fundraise billions in 2008,...
