Jury Deadlocked in MIT Graduate Brothers’ Fraud Case

A federal jury in New York has declared a mistrial in the fraud case against two brothers accused of stealing about $25 million in cryptocurrency. James and Anton Peraire-Bueno, recent graduates of MIT, stood trial over charges related to Ethereum blockchain trading schemes. After three weeks of technical arguments and three days of jury deliberations, … Read more

According to CDP, Japanese Companies Gain Significant Advantages from Investing in Climate Resilience

Companies in Japan stand to gain far more from investing in climate resilience compared to their global counterparts, a new report from the environmental nonprofit CDP reveals. According to CDP, Japanese businesses could see a return of $12 for every dollar spent on protecting against physical risks like earthquakes, floods, and extreme heat. This is … Read more

Irish Regulator Imposes 21.5 Million Euro Fine on Coinbase Europe for Monitoring Failures

Ireland’s central bank has slapped a hefty fine of 21.5 million euros (about $25 million) on Coinbase’s Irish branch for failing to properly monitor transactions for money laundering and terrorist activities. The issue came down to mistakes in how Coinbase Europe’s system was set up, causing over 30 million transactions worth more than 176 billion … Read more