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Tag: finance

Posted on 12/06/2025

Scheme to Take Torture Victim’s Crypto Went Back Months, Prosecutors Say

Two cryptocurrency investors met three times with the victim, a longtime friend, demanding his electronic devices and the passkey to an account worth millions of dollars.

Posted on 12/06/2025

Arraignment of accused SoHo crypto kidnappers takes on feel of mini trial. Here’s what happened.

Grand jury indictments were unsealed Wednesday for the two men accused in the Lower Manhattan cryptocurrency and torture case​.

Posted on 12/06/2025

Crypto Regulation: Biden vs. Trump—A Regulatory Rumble in the Digital Arena

In our polarized political system, even regulation of the multibillion-dollar crypto industry seems to be a tale of diametrically opposed approaches. As ever, however, the best way may lie in picking ...

Posted on 12/06/2025

Crypto torture suspects plead not guilty as new details of alleged kidnapping emerge

Two men accused of torturing an Italian businessman in a luxe New York City townhouse to obtain his cryptocurrency have pleaded not guilty to charges of kidnapping, assault and coercion as prosecutors ...

Posted on 12/06/2025

Senate Democrats seek answers on Trump’s World Liberty crypto deal

Senators Elizabeth Warren and Jeff Merkley asked for details on a multibillion-dollar transaction between the Trump family's crypto venture and a pool of investors that include foreign nationals.

Posted on 12/06/2025

Photos show accuser in NYC crypto kidnapping leaving house freely, defense lawyers say

A man who says he was kidnapped by two crypto investors for his Bitcoin was seen in photos and videos moving about Manhattan freely during the days he claimed he was held captive, the suspect's ...

Posted on 12/06/2025

2 men plead not guilty in New York crypto kidnapping and torture case

NEW YORK — Two crypto investors pleaded not guilty on Wednesday to charges they kidnapped and tortured an Italian man for his Bitcoin in an upscale Manhattan townhouse. William Duplessie and John ...

Posted on 12/06/2025

This crypto protocol could power the $1T AI agent economy

The result? The h402 protocol, a game-changing payment standard launched in 2025, built on HTTP 402—a dormant web standard now revived for crypto microtransactions. “ Crypto is perfect for AI ...

Posted on 12/06/2025

Two men plead not guilty in violent New York crypto kidnapping case

Two men pleaded not guilty on Wednesday to charges they kidnapped a man for three weeks in Manahttan's upscale SoHo neighborhood, shocked him with electric wires and dangled him over a staircase to ...

Posted on 11/06/2025

Japan’s CBDC seems inevitable as BOJ looks at digital currency alternative for cashless society

Officials of the Bank of Japan (BOJ) have been getting increasingly louder about having the country maintain pace with the rapid developments around digital currencies, which may accelerate a shift to ...

Posted on 11/06/2025

Nintendo Switch 2 goes out of stock after record sales

Nintendo’s new Switch 2 console smashed sales records and raced off store shelves, with more than 3.5 million units sold in its first four days on sale.

Posted on 11/06/2025

More “Moritomo Documents” Disclosed to Widow of MOF Official

Tokyo, June 11 (Jiji Press)--Japan's Ministry of Finance disclosed Wednesday another set of documents related to the dubious sale of state-owned land to Moritomo Gakuen to the widow of MOF official ...

Posted on 11/06/2025

Japan’s Nikkei climbs for fourth day on US-China trade truce hopes

Japan's Nikkei share gauge climbed for a fourth straight session on Wednesday after a tentative trade truce between the U.S. and China supported demand for higher-yielding assets.

Posted on 11/06/2025

Asian shares climb after China and the US say they have a framework for seeking a trade deal

Asian shares are trading higher after China and the U.S. said they have a framework for following up on the trade truce reached last month in Geneva.

Posted on 11/06/2025

Second batch of Moritomo papers disclosed to widow of Finance Ministry official

Japan's Finance Ministry has handed over a second batch of documents, pertaining to the controversial sale of state-owned land, to the widow of a Finance Ministry official involved in the scandal.

Posted on 11/06/2025

Japan’s producer prices rise 3.2% Y/Y in May, the least in 8 months

Japan’s producer prices rose 3.2% year-on-year in May, slowing from a marginally revised 4.1% growth in April and missing market consensus of 3.5% and marking the slowest pace in eight months, easing ...

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