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Citigroup loses case for retrieving $500 million, it mistakenly wired it to Revlon
Citigroup Inc, multi-national American investment bank had lost a legal battle to recover more than $500 million. The investment bank had mistakenly wired the money to cosmetics firm Revlon Inc…
By Rochdi RaisLatest news
United Kingdom Suffers Worst Annual Contraction Since Year 1709
The United Kingdom economy shrank by 9.9% in 2020 — the U.K’s worst annual slump since the Great…
By Rochdi RaisBitcoin Blasts Above $44,000 After Elon Musk’s Tesla Buys $1.5 Billion
After struggling for one month, Bitcoin (BTC) has finally soared to a new all-time high. The largest cryptocurrency…
By Rochdi RaisHealth Care Fraud: Texas Hospice CEO Gets 15 Years Jail Time; Florida Businesswoman Faces 13 Years Prison Sentence
The CEO of Merida Group, a health care company operating dozens of hospice, nursing homes, and group homes…
By Marivic Cabural SummersGerman Prosecutors Seize $60 Million Worth of Bitcoin, Can’t Access Private Keys
German authorities seized over $60 million worth of Bitcoin (BTC) from a fraudster. However, the Bitcoin fraudster refused…
By Rochdi RaisDogecoin Price Soars 50%, Elon Musk’s Tweet is the Reason
Elon Musk, the richest man in the world pushed Dogecoin price 50% higher. Billionaire and CEO of Tesla…
By Rochdi RaisPonzi Scheme: GPB Capital, CEO David Gentile Sued for Defrauding $1.7B from 17,000 Investors
The Securities and Exchange Commission (SEC) filed a lawsuit against GPB Capital and its CEO and owner, David…
By Marivic Cabural SummersReddit Trader Who Led the GameStop (GME) Rally Lost $13 Million in a Day
Keith Gill, the Reddit trader who led the GameStop (NASDAQ: GME) rally just lost $13 million on Tuesday,…
By Rochdi RaisFTC to Send $4.7M Refunds to Victims of Digital Altitude Business Coaching Scheme
The Federal Trade Commission (FTC) announced that it is sending refunds totaling $4.7 million to the victims of…
By Marivic Cabural SummersRuffer Investment Management Profited $750 million from Bitcoin in Two Months
Ruffer Investment Management made over $750 million in profits from its investment in Bitcoin (BTC). The London-based financial…
By Rochdi RaisGuggenheim CIO says Bitcoin could reach $600,000 in long run
Scott Minerd CIO of Guggenheim said Wednesday that $400,000 to $600,000 is a reasonable price for Bitcoin (BTC).…
By Rochdi Rais
