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Wednesday, January 27, 2021
Jack Ma

Jack Ma Reappears, Ends Rumors About His Plight; Alibaba Stock Soars

Chinese tech billionaire Jack Ma, the founder of Alibaba and Ant Group, resurfaced in a new video after disappearing from public view for three...
South Korean Court

Coinnest CEO Kim Ik-hwan sentenced to jail for receiving bribery in Bitcoin

The Supreme Court of South Korea sentenced the CEO of the now-defunct cryptocurrency exchange Coinnest to jail and ordered him to pay a monetary...
Gemcoin

Mastermind behind “GemCoin” crypto scheme sentenced to 10 years in prison

The mastermind behind the “epic proportions” GemCoin crypto scheme has been sentenced to 10 years in federal prison, according to the U.S. Attorney's Office...
military drones

Boeing’s Insitu to pay $25M to settle U.S. complaint over parts for military drones

Boeing-owned drone maker Insitu Inc. agreed to pay $25 million to settle allegations that it used recycled parts instead of new parts in military...
Bitcoin

Approximately $140B worth of Bitcoin lost or inaccessible to owners

There are 18.5 million Bitcoin (BTC) in existence and one-fifth or 20 percent of that number, approximately worth $140 billion, are lost or cannot...
Amazon cuts web hosting for Parler

Parler files lawsuit to stop Amazon from shutting down its life support

Parler sued Amazon Web Services (AWS), a subsidiary of Amazon.com (NASDAQ: AMZN) on Monday following the suspension of its web hosting. The Twitter look-alike microblogging...
Brad Garlinghouse

Ripple CEO addresses SEC lawsuit, alleges Tetragon of exploitation

Ripple CEO Brad Garlinghouse answered questions regarding the SEC's lawsuit against the company on Twitter. He addressed five key areas in the case including...
Deutsche Bank

Deutsche Bank to pay $130 million to settle corruption and fraud charges

Deutsche Bank agreed to pay more than $130 million to settle the U.S. government's allegations that it engaged in corrupt practices and fraudulent commodities...
Elon Musk, Jeff Bezos

Elon Musk surpasses Jeff Bezos as the richest person in the world

Elon Musk, the genius behind Tesla (NASDAQ: TSLA) , SpaceX, and other multi-million dollar companies, replaced Amazon founder Jeff Bezos as the richest person...

Tetragon files lawsuit to force Ripple redeem Series C preferred stock

Problems keep piling up on Ripple since the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against it last month. The SEC lawsuit caused...

Must Read

Biden removing Trump plan on opioid-treatment prescriptions

Three anonymous officials came forward to speak out about the pending announcement that Biden intends to halt the Trump administrations plan which allow more...