binances-changpeng-zhao

Former Binance CEO Sentenced to Four Months in US Prison for Money Laundering Breaches

Washington: The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed. Changpeng Zhao, a Canadian, resigned from his post at the world’s largest cryptocurrency exchange platform late last year as part of…

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Prime Minister Shehbaz Sharif of Pakistan Discusses on a New Loan Program with IMF Chief

Islamabad: Pakistan Prime Minister Shehbaz Sharif discussed a new loan programme with IMF Managing Director Kristalina Georgieva on Sunday, his office said in a statement. Shehbaz Sharif and Kristalina Georgieva met on the sidelines of the World Economic Forum in Riyadh. Islamabad is seeking a new, larger long-term Extended Fund Facility (EFF) agreement with the fund…

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Italy Slaps Amazon with 10 Million Euro Fine Over Alleged Unfair Commercial Practices

Milan: Italy’s antitrust authority has fined two subsidiaries of Amazon 10 million euros ($10.70 million) for alleged unfair commercial practices, the regulator said on Wednesday. According to the watchdog, Amazon has “significantly restricted consumers freedom of choice” by automatically pre-setting the ‘Subscribe&Save’ option, for regular scheduled deliveries rather than one-off purchases, for a wide selection of…

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Report: “Havana Syndrome” Tied to Russian Intelligence Unit, Unveiling a Mysterious Illness

Washington: A recent collaborative media investigation has established a connection between the enigmatic symptoms known as Havana Syndrome and a Russian intelligence unit, disclosed on Monday. The onset of Havana Syndrome was initially documented in 2016 when US diplomats stationed in Cuba reported instances of sudden illness and disturbing nocturnal noises, sparking conjecture about a…

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