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Ethereum Sheds 7% After a Hacker Converted $288 Million Worth of the Crypto Into Bitcoin
The price of ether declined as much as 7% Monday as the allegedly FTX hacker dumped millions of dollars worth of stolen ethereum and swapped it for bitcoin. A week…
By – Rochdi RaisLatest news
FTX Owes 50 Creditors $3 Billion and May Have 1 Million Other Creditors
Embattled cryptocurrency exchange FTX owes its creditors $3 billion, according to a new filing over the weekend. A…
By Rochdi RaisBill Ackman Shows His Support of Cryptos, Says He’s Invested in Many Crypto Firms
Billionaire investor Bill Ackman showed his support of the cryptocurrency sector following the downfall of the FTX exchange,…
By Rochdi RaisStock Market Will Soar 20% Next Year, Says Wharton Professor Jeremy Siegel
Wharton professor Jeremy Siegel expects 2023 to be a promising year for equities as the Federal Reserve finally…
By Rochdi RaisNew Jersey Federal Court Says Bad Faith Claims against MetLife Properly Plead: Case Can Proceed
This is the case of Spina v. Metropolitan Life Insurance Company, in the U. S. District Court District…
By Samuel LopezThird Party Lacks Standing to Sue Insurer for Bad Faith Absent Assignment of Right
In the case of Yew v. Penn National Insurance, in the Superior Court of New Jersey Appellate Division,…
By Samuel LopezBad Faith Claim Survives Summary Judgment Even Though No Party has Copy of Original Policy
This is the case of Falcon v. The Northwestern Mutual Life Insurance Company, in the U.S. District Court…
By Samuel LopezAncient Roman artifacts tomb unearthed in Spain
Archaeologists are sharing images of the ancient Roman artifacts unearthed in southern Spain earlier this year. The rare…
By Jackie AllenNY Bad Faith Bill Could Be a Game Changer for Policyholders and Injured Third-Parties
New York courts have often been the venue of choice for insurance companies across the country to litigate…
By Samuel LopezPopular Iranian actresses arrested for supporting anti-government protests
Two award-winning Iranian actresses have been arrested for publicly supporting mass anti-government protests. According to Iran International, both…
By Jackie AllenFBI Director says Unauthorized Police Stations run by Chinese govt in U.S. ‘Outrageous’
Thursday FBI Director Christopher Wray expressed his concern that the Chinese government is operating unauthorized police stations…
By Jackie Allen