The <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018f-112d-d583-afbf-d3fdd2230000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Securities & Exchange Commission wants to impose a $5.3 billion fine on <-bsp-bb-link state="{"bbHref":"bbg://securities/1741983D%20SP%20Equity","_id":"0000018f-112d-d583-afbf-d3fdd2230001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Terraform Labs Pte. and its co-founder Do Kwon, the inventor of the failed TerraUSD stablecoin.

Columnist David Lat explains the controversy behind universal injunctions and their impact on public policy and judicial power.

The <-bsp-bb-link state="{"bbHref":"bbg://securities/4131761Z%20US%20Equity","_id":"0000018f-0f4f-d583-afbf-cfdf0a170000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Department of Justice recommended a 36-month prison sentence for <-bsp-person state="{"_id":"0000018f-0f4f-d583-afbf-cfdf0a170001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Changpeng Zhao, the former chief executive officer of <-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"0000018f-0f4f-d583-afbf-cfdf0a170002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance, the world’s largest crypto exchange.

Hong Kong is set to follow in the footsteps of the US by listing a batch of <-bsp-bb-link state="{"bbHref":"bbg://screens/BI%20ETFSG","_id":"0000018f-0dcc-d583-afbf-cfdca43b0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">cryptocurrency exchange-traded funds, providing a window on whether the city is making progress on fashioning a hub for digital assets.

Financial analyst Reggie Middleton’s bid to maintain control of his cryptocurrency trading platform likely hinges on whether he marketed to investors that the platform’s patented technology was owned by Veritaseum Inc., an issue his lawyer said Tuesday “is a bit confusing.”

The bankruptcy estate of the failed <-bsp-bb-link state="{"bbHref":"bbg://securities/1821506D%20US%20Equity","_id":"0000018f-0cb8-d583-afbf-cefc4a0d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">FTX cryptocurrency exchange plans to auction off another unspecified amount of <-rte-company state="{"_id":"0000018f-0cb8-d583-afbf-cefc4a0d0001","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Solana tokens this week, according to people familiar with the sale.

Carlyle Group Inc.'s founders and other corporate leaders lost their bid Wednesday for an early end to litigation over a $344 million buyout of tax agreements tied to the asset manager’s public listing.

<-bsp-bb-link state="{"bbHref":"bbg://securities/SPWR%20US%20Equity/CN","_id":"0000018f-1116-d583-afbf-d3deeedd0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">SunPower Corp. will eliminate more than 25% of its workforce as the company copes with a prolonged slump in the rooftop solar business.

<-rte-company state="{"_id":"0000018f-1105-d583-afbf-d3dda7210000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">B. Riley Financial Inc.sent its stock soaring by finally delivering its overdue annual report, which provided fuel both for fans of the boutique investment bank and skeptics who contend its accounting is deeply flawed.

The Tesla Inc. shareholder who successfully challenged co-founder Elon Musk’s $56 billion pay package is asking the Delaware court for an order barring Musk from trying to move the dispute to Texas.

Donald Trump’s social media startup publicized a letter to the heads of various US House of Representatives committees, doubling down on <-bsp-bb-link state="{"bbDocId":"SC77AMDWX2PS","_id":"0000018f-10e3-d583-afbf-d2ff62af0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">claims that an illegal form of short selling may be hitting its stock.

Shareholders at Goldman Sachs and Bank of America Wednesday voted against proposals seeking disclosures comparing their financing of low-carbon energy supplies versus fossil fuels.

New abortion protections from the Biden administration are likely to draw lawsuits from state attorneys general and physicians as the Justice Department continues to face legal fights over reproductive services.

TikTok’s future in the US is heading toward its moment of truth.

Tenet Healthcare Corp. must face a proposed class action alleging it disclosed the personal health information of users of a website patient portal to Facebook and other third parties in violation of Massachusetts privacy law.

For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden plans to sign it Wednesday — beginning a 270-day countdown for a sale or a US prohibition of the popular video-sharing platform.

Some taxpayers are learning that their data was leaked in the widespread breach by a former IRS contractor that led to the release of former President Donald Trump’s tax returns.

TikTok said <-bsp-bb-link state="{"bbDocId":"SCEYYVT1UM0W","_id":"0000018f-10fb-d583-afbf-d2ffada90000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">legislation passed by the US Congress Tuesday evening that would force its Chinese parent company to sell its stake or face a total ban of the app in America is “unconstitutional,” and the company will challenge it in court.

The Interior Department adequately considered climate change in its management decisions for the Colorado River’s Glen Canyon Dam, the Ninth Circuit ruled Wednesday.

The <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018f-112d-d583-afbf-d3fdd2230000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Securities & Exchange Commission wants to impose a $5.3 billion fine on <-bsp-bb-link state="{"bbHref":"bbg://securities/1741983D%20SP%20Equity","_id":"0000018f-112d-d583-afbf-d3fdd2230001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Terraform Labs Pte. and its co-founder Do Kwon, the inventor of the failed TerraUSD stablecoin.

Donald Trumpasked a judge to toss two counts in the Georgia election-fraud case, arguing that local Fulton County District Attorney <-bsp-person state="{"_id":"0000018f-1124-d583-afbf-d3fca9310001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Fani Willis can’t charge him with making false filings in federal court.

Whole Foods Market Inc.’s firing of a Massachusetts worker who wore a “Black Lives Matter” face mask “deviated” from the company’s normal disciplinary processes, a federal appeals court said in explaining its April 12 revival of a discrimination case against the supermarket chain.

A former employee of a Fortive Corp. subsidiary failed to revive her lawsuit alleging the unit’s president sexually harassed her and that she faced backlash for complaining about it.

The US Constitution doesn’t require Philadelphia to help subsidize the cost of a resident’s income tax obligation to another state, the city told the US Supreme Court Wednesday in opposition to a petition for review.