TheBuzz24

Business, Cryptocurrency, Legal, Stocks

CFTC Seeks to Vacate Gemini Consent Order in Unprecedented Legal Reversal

In a highly unusual legal maneuver, the Commodity Futures Trading Commission (CFTC) has petitioned a federal judge in New York to vacate a consent order previously imposed on the cryptocurrency exchange Gemini Trust. The order, finalized in early 2025, had mandated a $5 million penalty and imposed a permanent injunction against the exchange regarding alleged […]

Business, Legal, Technology, World News

EU Slaps Temu with €200 Million Fine Over Safety Violations

The European Union has issued a substantial €200 million penalty against the e-commerce platform Temu, citing the widespread sale of hazardous and illegal goods. This enforcement action follows a rigorous investigation into the company’s compliance with the Digital Services Act, which mandates that large online platforms must proactively identify and mitigate systemic risks to consumer […]

Crime, Legal, World News

Matthew Perry’s Former Assistant Sentenced to Prison Over Ketamine Distribution

Kenneth Iwamasa, the former live-in personal assistant to actor Matthew Perry, has been sentenced to 41 months in federal prison. This ruling concludes a major chapter in the legal investigation following the actor’s sudden death in October 2023 at his Los Angeles residence. Federal prosecutors established that Iwamasa acted as a primary facilitator in providing […]

Legal, Politics, World News

Federal Perjury Probe Launched Into E. Jean Carroll’s Testimony

Federal prosecutors have initiated a criminal investigation into writer E. Jean Carroll to determine whether she committed perjury during her civil litigation against former President Donald Trump. The inquiry centers on sworn testimony provided during a 2022 deposition, in which Carroll stated she did not receive external financial support for her legal proceedings. This testimony […]

Business, Legal, Politics, Stocks

Former Federal Judges Demand Reopening of Trump IRS Lawsuit Amid Fraud Allegations

A coalition of 35 retired federal judges has petitioned a Miami District Court to vacate the dismissal of a $10 billion lawsuit involving Donald Trump, his family, and the Trump Organization. The legal challenge, which originally targeted the Internal Revenue Service over the alleged unauthorized disclosure of private tax data, was dismissed with prejudice on […]

Business, Crime, Cryptocurrency, Legal, Stocks, Technology

Google Engineer Charged in $1.2 Million Prediction Market Insider Trading Scandal

A Google information security engineer is facing serious federal charges following allegations that he leveraged confidential corporate data to secure over $1.2 million in illicit profits. Michele Spagnuolo was taken into custody after prosecutors accused him of engaging in money laundering, wire fraud, and commodities fraud by manipulating prediction markets on the platform Polymarket. According […]

Business, Cryptocurrency, Finance, Legal, Stocks

CFTC Moves to Reverse $5 Million Penalty Against Gemini Following Regulatory Error

The U.S. Commodity Futures Trading Commission (CFTC) has formally petitioned a federal court to vacate a $5 million penalty previously imposed on the cryptocurrency exchange Gemini Trust Company. This rare reversal marks a significant shift for the regulatory body, which had sanctioned the exchange, founded by Tyler and Cameron Winklevoss, during a previous administration. In […]

Crime, Entertainment, Legal, World News

Former Assistant to Matthew Perry Sentenced to Prison Over Fatal Ketamine Distribution

Kenneth Iwamasa, the longtime personal assistant to the late actor Matthew Perry, has been sentenced to 41 months in federal prison for his role in the events surrounding the actor’s death in October 2023. Iwamasa, 60, had previously entered a guilty plea to the charge of conspiracy to distribute ketamine, a controlled substance that was […]

Business, Environment, Legal, World News

Australia Targets 3M in $1.4 Billion Legal Action Over ‘Forever Chemical’ Contamination

The Australian government has launched a significant legal challenge against manufacturing giant 3M, seeking AU$2 billion (approximately US$1.4 billion) in damages. The lawsuit focuses on the extensive environmental contamination of 28 defense facilities across the nation, which authorities claim resulted from the long-term use of firefighting foams containing per- and poly-fluoroalkyl substances, widely known as […]

Human Rights, Legal, Politics, World News

ICC Sets November Trial Date for Former Philippine President Rodrigo Duterte

The International Criminal Court (ICC) has officially scheduled the trial of former Philippine President Rodrigo Duterte for November 30. The 81-year-old leader, who served from 2016 to 2022, faces grave charges including murder, torture, and crimes against humanity. These allegations are centered on his administration’s aggressive ‘war on drugs’ campaign, which resulted in thousands of […]