<-bsp-bb-link state="{"bbHref":"bbg://screens/ECST%20NG","_id":"0000018f-58df-d4b6-a98f-fdff82c20000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Nigeria rejected an allegation of bribery leveled against it by Binance Holdings Ltd, calling it a tactic to divert attention away from the activities of the world’s largest cryptocurrency exchange.

Cryptocurrency exchange <-bsp-bb-link state="{"bbHref":"bbg://securities/1738202D%20US%20Equity","_id":"0000018f-58a2-d4b6-a98f-fdb70f370000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries, plus interest, a rare outcome in US bankruptcy proceedings.

The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers.

Sullivan & Cromwell will be “extremely vigilant” about vetting future hires following reports of harassment at pro-Palestinian protests on college campuses.

Mastercard Inc. is joining with some of the largest US banks to test shared-ledger technology that would allow the common settlement of tokenized assets such as commercial-bank money as well as Treasury and investment-grade debt securities.

Turkish company says it acquired 82.5% stake in a company that operates a cryptocurrency exchange.

Banks are being advised to avoid using carbon credits to offset their financed emissions, as lawyers warn that new regulations in Europe will make greenwashing litigation a lot easier to pursue.

The number of European banks taking account of environmental risks in their reserves for loan losses has more than tripled in a year, signaling an initial win for the regulator in its effort to prepare for climate change.

JPMorgan Chase & Co.and <-bsp-bb-link state="{"bbHref":"bbg://securities/8604%20JT%20Equity/FA","_id":"0000018f-5886-d4b6-a98f-fdb7981c0003","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Nomura Holdings Inc. are limiting dealings with <-bsp-person state="{"_id":"0000018f-5886-d4b6-a98f-fdb7981c0004","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Simon Sadler’s <-bsp-bb-link state="{"bbHref":"bbg://securities/1245750D%20HK%20Equity","_id":"0000018f-5886-d4b6-a98f-fdb7981c0005","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Segantii Capital Management Ltd., the Asian hedge fund giant charged with insider trading by authorities in Hong Kong, according to people familiar with the matter.

Two Warner Bros. entities are free of claims that they discriminated against a White worker and subjected him to a hostile work environment, but a federal judge wants more details before ruling on retaliation allegations.

<-bsp-bb-link state="{"bbHref":"bbg://securities/0732002D%20US%20Equity","_id":"0000018f-5895-d4b6-a98f-fdb5490d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Archegos Capital Management founder <-bsp-person state="{"_id":"0000018f-5895-d4b6-a98f-fdb5490d0001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Bill Hwang returned to a New York courtroom as jury selection began in the criminal trial over the epic 2021 collapse of his family office.

One shocking thing about the independent review into the Federal Deposit Insurance Corporation’s workplace misconduct and culture is that it seems to describe an even more toxic environment than the Wall Street Journal reportage that prompted the inquiry last year.

Scott Lashway and Chris Lisy have joined Mintz as members in the Boston office in the data and privacy litigation and investigations practice, the firm said Wednesday.

The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers.

California lawmakers aren’t backing off in their quest to hold Big Tech responsible for social media harms to minors, with a measure that would force platforms to allow third-party apps that help parents monitor their children online.

Sullivan & Cromwell will be “extremely vigilant” about vetting future hires following reports of harassment at pro-Palestinian protests on college campuses.

Olshan’s Ari Edelman analyzes new challenges for IPOs involving AI, data privacy, and intellectual property regulations.

Steven Mnuchin, the former US Treasury Secretary, said he’s still interested in buying TikTok’s US operation from its Chinese owner, and believes the social media app’s critical video recommendation technology could be replicated.

GEICO’s effort to help insurers avoid potentially billions of dollars in no-deductible car repair claims met a Florida Supreme Court hyper-focused on an apparent lack of statutory support for the insurance industry’s argument.

Incarcerated workers who earned $20 per day sorting recyclables can try again to hold Baltimore County liable for underpaying them after the Fourth Circuit on Wednesday ruled they might fall under a federal wage law’s protections.

Supreme Court Today, Vol. 92 No. 42, pages 3295-3298, dated May 9, 2024, is now available. A link to the PDF version can be found in the Related Documents field.

Lawyers should not reveal any information relating to a client’s representation to a wide group of lawyers in a computer listserv, or group email list, without informed consent, the American Bar Association has advised in a formal opinion Wednesday.

A Texas federal judge will have to consider appointing a third-party arbiter to resolve a dispute between an auto racing engine company and its insurer over losses caused by a 2020 storm.

Is social media to blame for the decline in teen mental health? Hundreds of lawsuits argue that they are. But can the claims get past Section 230, big tech’s legal shield? In this video, the fight over social media’s impact on teens.