Long before Sam Bankman-Fried’s FTX Cryptocurrency Empire collapsed this month, it already was on the radar of federal prosecutors in Manhattan. The US Attorney’s Office for the Southern District of New York, led by Damian Williams, spent several months working on a sweeping examination of crypto currency platforms with US and offshore arms and had…
Two Estonian citizens were arrested in Tallinn, Estonia, on an 18-count indictment for their alleged involvement in a $575 million cryptocurrency fraud and money laundering conspiracy, the U.S. Justice Department said on Monday. Sergei Potapenko and Ivan Turõgin, both 37, allegedly defrauded hundreds of thousands of victims through a multi-faceted scheme, wherein they induced them…
Saudi Arabia and other OPEC members are reportedly considering a boost in oil production just days after the Biden administration said it favors shielding Saudi Crown Prince Mohammad bin Salman from civil litigation related to the killing of journalist Jamal Khashoggi. A production increase of up to 500,000 barrels a day is under discussion for…
The Manhattan District Attorney’s Office is resuscitating its criminal probe into former President Donald Trump’s role in hush-money payments made to porn star Stormy Daniels, sources confirmed to The Post on Monday. While the office’s long-running investigation into Trump, 76, appeared to go cold earlier this year, District Attorney Alvin Bragg and his prosecutors are…
The Israeli woman allegedly assaulted in July by an off-duty Secret Service agent – who was in Jerusalem to prep for President Biden’s visit – filed a civil lawsuit Monday. Tamar Ben Haim brought the case in DC federal court against the unidentified agent over the July 12 attack, which took place in an alleyway…
Federal Bureau of Investigation (FBI) director Christopher Wray expressed concern over reports of police stations linked to the Chinese government springing up across the US cities. Speaking at the US Senate’s homeland security and governmental affairs committee hearing, Wray said that the bureau is investigating these claims, but declined to give further details. I’m very…
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Russia has raised more than £11billion by issuing debt to investors as the war in Ukraine continues to take a punishing toll on the country’s finances. Moscow issued £11.4billion worth of debt – effectively selling IOU notes – at the weekend, Britain’s MoD said, in the single-largest sale of its kind in Russian history. It…
Target said it has lost a whopping $400 million in profits this year thanks to organized gangs of shoplifters who have been systematically stealing merchandise from its discount stores. “At Target, year-to-date, incremental shortage has already reduced our gross margin by more than $400 million vs. last year,” Target CFO Michael Fiddelke said on an…
The arrest of an Italian drug trafficker who was on Europol’s most wanted list is shrouded in mystery amid reports that he was captured and extradited from Syria. Bruno Carbone, who had been on the run since 2003, was the right-hand man of Raffaele Imperiale, a drug broker for the Naples’ Camorra mafia who was…