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☆ The Fed could make a big change today. We’re not talking about interest rates
▼ + stars: | 2024-05-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —Wednesday’s Federal Reserve policy decision will likely be pretty boring for investors — officials are widely expected to keep interest rates the same, just as they have since July 2023. They think that the Fed may curtail its quantitative tightening (QT) program — that’s the selling off of its assets to decrease money supply and increase interest rates — by as much as half. Those purchases ended up pushing down interest rates in certain parts of the economy, like housing and auto sales. That led to a “repo crisis”, where the interest rates for overnight loans between banks spiked unusually high. That’s because a taper should send bond prices higher, and interest rates lower.

Persons: there’s, Jamie Dimon, Jerome Powell doesn’t, Krishna Guha, Marco Casiraghi, ”, Bill Adams, Biden, reclassify, General Merrick Garland, Xochitl Hinojosa, “, Nancy Mace, Earl Blumenauer, ” Read, Zhao, Allison Morrow, ” Binance Organizations: CNN Business, Bell, New York CNN, Fed, JPMorgan Chase, Comerica Bank, Bank of America, CNN, US Department of Justice, Federal Register, Congress, Associated Press, Republican, CZ, Binance, Bloomberg Locations: New York, South Carolina, Oregon, Seattle

☆ Crypto investor 'bitcoin Jesus' arrested and charged by the Justice Department with $48 million tax evasion
▼ + stars: | 2024-05-01 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

"Bitcoin Jesus" Roger Ver was arrested in Spain on charges of tax evasion this week. An early crypto enthusiast, he's been a long-time bitcoin evangelist, earning him the "bitcoin Jesus" nickname. AdvertisementVeteran crypto trader Roger Ver, also known as "bitcoin Jesus," was arrested in Spain and charged by the US Department of Justice with evading $48 million in taxes. Ver faces three charges of mail fraud, two charges of tax evasion, and three charges of subscribing to a false tax return. Ver, who was an early cryptocurrency evangelist, has been avidly promoting bitcoin for years, earning him the "Bitcoin Jesus" moniker.

Persons: Jesus, Roger Ver, Ver, he's, —, Agilestar —, Ver didn't, Binance's, Changpeng Zhao, Sam Bankman, Fried Organizations: DOJ, Service, Veteran, US Department of Justice, Justice Department Locations: Spain, St, Kitts, Nevis, US

☆ Former Binance CEO Changpeng Zhao sentenced to four months in prison
▼ + stars: | 2024-04-30 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Changpeng Zhao, founder of crypto exchange Binance, has been sentenced to 4 months in prison. AdvertisementChangpeng Zhao, the founder and ex-CEO of crypto exchange giant Binance, has been sentenced to four months in prison after pleading guilty to charges in a Seattle federal court that the trading platform violated US anti-money laundering requirements. Related storiesAfter pleading guilty, Zhao, once one of the wealthiest people in crypto, was directed to step down from the helm of Binance last November. Sam Bankman-Fried, the CEO of the exchange, was eventually sentenced to 25 years in prison after he was found guilty of multiple fraud charges. Binance and the US Department of Justice didn't immediately respond to a request for comment from Business Insider before publication.

Persons: Changpeng Zhao, Zhao, —, Sam Bankman, Binance, US Department of Justice didn't Organizations: DOJ, Service, US Department of Justice, Commodity Futures, Trading Commission, Business Locations: Seattle, Binance, Iran

The US Department of Justice is expected to recommend that marijuana be rescheduled as a Schedule III controlled substance, a classification shared by prescription drugs such as ketamine and Tylenol with codeine. The standard rulemaking process is lengthy, is subject to a public comment period, and could take months to complete. However, rescheduling marijuana will not solve that federal-state conflict, the Congressional Research Service noted in a January 16 brief. States with medical marijuana programs do currently have some federal protections in place via appropriations legislation that restricts the Justice Department from interfering in those programs. The FDA’s scientific and medical evaluation of marijuana did not address products containing plant-derived cannabidiol, commonly known as CBD.

Persons: CNN —, Biden, General Merrick Garland, Joe Biden Organizations: CNN, US Department of Justice, Associated Press, White, Office of Management, US Health, Human Services, Food and Drug, Justice Department, Staff, National Institute on Drug, Delta, National Conference of State Legislatures, Congressional Research Service, CRS Locations: Colorado

☆ McKinsey tried to boost the morale of senior staff by blasting Eminem and Bob Marley at an internal event, report says
▼ + stars: | 2024-04-30 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

McKinsey & Co. held an internal event to rally partners amid a challenging year, Bloomberg reports. Like many major consulting firms, McKinsey has announced layoffs as demand for its services has fallen. During the event, Bob Sternfels, global managing partner at McKinsey, reportedly admitted that the last 18 months had been challenging but said that 2024 was looking better for the firm. McKinsey global managing partner, Bob Sternfels, makes a statement to the US Senate on the firm's work with Saudi Arabia, February 2024. But McKinsey partners have reportedly been unhappy with how leadership has handled the role reductions, people familiar with the matter told Bloomberg.

Persons: Bob Marley, Eminem, —, Bob Sternfels, Sternfels, sprees, they're Organizations: McKinsey, Co, Bloomberg, Service, SPAN McKinsey, Employees, US Department of Justice, Purdue Pharma, Sternfels Locations: British, Copenhagen, Saudi Arabia

☆ Williams-Sonoma to pay $3.1 million after FTC sued it, saying it falsely labeled products as 'Made in USA'
▼ + stars: | 2024-04-28 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Williams-Sonoma must pay $3.1 million after the FTC sued it over a violation. AdvertisementWilliams-Sonoma will pay $3.1 million after settling with the US government over accusations of falsely labeling products manufactured in foreign countries as "Made in USA." A July 2021 FTC press release notes that the order was implemented to discourage fraud. AdvertisementCourt documents attached to the press release showed that Williams-Sonoma admitted the allegations brought forward in the complaint were true. AdvertisementWilliams-Sonoma has also agreed to stop using "deceptive claims and follow Made in USA requirements," the press release said.

Persons: Williams, Lina M, Khan, —, Sean Zanni, Scott Olson Organizations: FTC, Service, Federal Trade Commission, US Department of Justice, DOJ, Williams, Sonoma, Business Locations: Sonoma, United States, USA, Williams, America, China

☆ McKinsey advised drug companies on how to 'turbocharge' opioid sales. Now it's under criminal investigation.
▼ + stars: | 2024-04-25 | by ( Meghan Morris | ) www.businessinsider.com time to read: +3 min

The Department of Justice is investigating McKinsey for advising opioid producers on boosting sales. The firm previously paid nearly $1 billion to resolve lawsuits related to its opioid work. The investigation is also looking at potential obstruction of justice by McKinsey and its employees. News of the investigation underscores how McKinsey's opioid work — which the firm said it stopped in 2019 — continues to plague the consultancy. In a 2018 email, for example, a since-fired McKinsey executive wrote to another senior executive about the firm's legal risk.

Persons: —, Endo, Martin Elling Organizations: Justice, McKinsey, Service, McKinsey & Company, US Department of Justice, Street, Purdue Pharma, DOJ, of, Purdue Locations: Virginia, Western, of Virginia, of Massachusetts, Seattle

☆ Google is once again dictating the future of the online ad industry and all its rivals can do is brace for impact
▼ + stars: | 2024-04-24 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

When Google sneezes, the entire online advertising industry catches a cold. Google's announcement Tuesday that it would again delay its planned timeline for killing off third-party tracking cookies had long been anticipated by the digital advertising industry. Google has a 28% share of the online ad market, according to market research firm Emarketer (a sister company to BI). Regulators could step in to resolve the cookie chaosSome industry experts are hoping regulators will step in to untangle the mess. Amid the four years of confusion, chaos, and harumphing, there has been one consistent theme: When it comes to the future of online advertising, Google calls the shots.

Persons: Ciaran O'Kane, WireCorp, hasn't, Sundar Pichai, Stephen Lam, Mathieu Roche, James Rosewell, Google's, haven't, Pierre Devoize, Devoize Organizations: Google, Business, Gmail, Antitrust, US Department of Justice, European Commission, UK's, Markets Authority, CMA, Industry, IAB Tech, EU Google, Chrome, Movement Locations: FirstPartyCapital

☆ New Rule for Buying a Home: Fire Your Real-Estate Agent
▼ + stars: | 2024-04-18 | by ( Albert Fox Cahn | ) www.businessinsider.com time to read: +12 min

She had never purchased a home, and as a lawyer, I just assumed I knew how the system worked: The buyer has an agent, but the seller pays a commission (typically 6% of the sale price) that's split between their agent and the buyer's agent. So my agent wasn't going to find me my dream house, and the work of hunting was basically on me. But the real-estate industry has made it hard for many buyers to understand just how little having an agent can help. The class-action settlement with the NAR is going to make it a lot harder for sellers to be forced to pay for buyers' agents. Going forward, for people like me without an agent, a savvy seller may pay just 3% of the sales price to their own agent instead of 6% to be split with a buyer's agent.

Persons: it's, vouched, Obvious, Stephen Brobeck, Alice, Wonderland, I'd, I've, —, cosmically, Brobeck Organizations: National Association of Realtors, Hunger, US Department of Justice, Realtors, Consumer Federation of America, New York City, NAR Locations: Brooklyn, New York City, McCarren, Williamsburg, New York

☆ Hack on a Texas water system may be the first of its kind by Russian hacking group
▼ + stars: | 2024-04-17 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Russian hackers caused a Texas town's water tank to overflow in a suspected hack earlier this year. AdvertisementIn January, Russian hackers caused a small Texas town's water tank to overflow in what was a rare but worrying attack on US infrastructure. The Russian hacking group Sandworm is likely responsible for the attack on the water system in Muleshoe, Texas, the cyber-security firm Mandiant said on Wednesday. AdvertisementHackers posted a video to Telegram of themselves manipulating Muleshoe's water system, showing how they overpowered it and reset the controls, according to The Washington Post. Ramon Sanchez, Muleshoe's city manager, told CNN that the city's water tank overflowed for about 30 to 35 minutes.

Persons: —, Mandiant, Sandworm, Ramon Sanchez Organizations: Service, The Washington, Cyber Army, Post, CNN, Authorities, US Department of Justice, The Justice Locations: Texas, Russian, Pennsylvania, Muleshoe , Texas, Russia, American, Iran, Muleshoe's, South Korea, Ukraine

☆ WSJ: Justice Department will sue Live Nation for antitrust violations
▼ + stars: | 2024-04-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans. The lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, will allege the ticketing company used its market-leading position to harm competition for live events, the Journal reported. Shares of Live Nation (LYV) dropped nearly 7% in premarket trading Tuesday. Live Nation and the Justice Department didn’t respond to CNN’s request for comment about the Journal’s report. Live Nation and Ticketmaster merged in 2010, now billing itself as the “largest live entertainment company in the world.”

Persons: Department’s, Justice Department didn’t, Taylor Swift’s, Swift, Joe Berchtold, ”, Jack Groetzinger, SeatGeek Organizations: New, New York CNN, US Department of Justice, Wall Street Journal, Live Nation Entertainment, Ticketmaster, Justice Department, Live, Republicans, Rivals Locations: New York, United States

☆ Big corporations are quietly taking over your medical practice. Some doctors and experts say it's ruining healthcare.
▼ + stars: | 2024-04-11 | by ( ) www.businessinsider.com time to read: +17 min

UnitedHealth Group struck a deal in March to buy the nine-state doctor group of the struggling hospital system Steward Health Care. AdvertisementDoctors are hot commoditiesIt's tough to lump the many buyers of medical practices together, as they're pursuing different strategies. Insurers like UnitedHealthcare and CVS' Aetna are required by federal law to spend most of the money they collect in premiums on medical care. Plus, running a modern medical practice is expensive, requiring investments in staffing, technology, and electronic health records. Advertisement"The corporate practice of medicine is the reason why healthcare costs are out of control," Li said.

Persons: —, UnitedHealth's Optum, That's, UnitedHealth, there's, They're, Farzad Mostashari, UnitedHealth's chokehold, Chas Roades, Yashaswini Singh, Singh, Roades, Nick Jones, they're, Optum, Jones, Mitch Li, Li, Michelle Cooke, Cooke, she's, Ben Bowman, Bowman Organizations: Service, UnitedHealth, Health Care, CVS Health, Walgreens, Physicians, Research, US Justice Department, CVS, Aetna, Brown University, Harvard Medical School, Oregon Medical Group, JAMA, Amazon, The Washington Post, Federal Trade Commission, US Department of Justice, Department of Health, Human Services, Oregon State, Corvallis Clinic Locations: Oregon, New York, UnitedHealth, Optum, California, The, Atlanta

☆ Exclusive: An investor in once-hot mental health startup Cerebral is suing the company
▼ + stars: | 2024-04-03 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +5 min

Read previewAccess Industries, the investment firm founded by billionaire Len Blavatnik that invested in mental health company Cerebral, is suing the company and another of its backers as tensions mount inside the mental health company, according to documents obtained by Business Insider. It's the latest challenge to the once-hot mental health startup, which launched in 2020 to provide mental healthcare online. The lawsuit, filed by Access Industries on April 2 in Delaware, alleges an undercover power grab by WestCap, another Cerebral investor. A sinking shipOnce the hottest and fastest-growing mental health startup, Cerebral's fall from grace has been stunning. Since then, Cerebral hasn't raised any more venture funding, and the mental health company has conducted at least three rounds of layoffs.

Persons: —, Len Blavatnik, WestCap, David Mou, SoftBank Organizations: Service, Business, US Department of Justice, Access Industries, DOJ, Industries, Wall Street Journal, Bloomberg, US Drug Enforcement Administration, New York Locations: Delaware, WestCap

☆ Alex Murdaugh is scheduled to be sentenced today for nearly 2 dozen financial crimes
▼ + stars: | 2024-04-01 | by ( Dakin Andone | Dianne Gallagher | ) edition.cnn.com time to read: +5 min

CNN —A federal judge on Monday is scheduled to sentence Alex Murdaugh – the 55-year-old former attorney already serving two life sentences for the murders of his wife and son – for nearly two dozen financial crimes following his guilty plea last year, according to the US Department of Justice. Murdaugh denies the claim, and his attorneys asked the judge to disregard the government’s motion during sentencing Monday. In a filing last week, prosecutors recommended Murdaugh be sentenced to between 17.5 and almost 22 years in prison. While Murdaugh insists he is innocent of the murders, he has admitted to the financial crimes, saying he was maintaining a yearslong opioid addiction. In exchange for his guilty plea, federal prosecutors agreed to recommend Murdaugh’s sentence be served concurrently with the one imposed in South Carolina, court filings show.

Persons: Alex Murdaugh –, –, Murdaugh, Maggie, Paul –, “ ‘, ’ confiding, Van der Sloot, Natalee Holloway, ”, Richard M, Gergel Organizations: CNN, US Department of Justice, US, Office, District, FBI Locations: District of South Carolina, South Carolina, Murdaugh

☆ One of the largest FTX creditors is trying to recoup millions for victims
▼ + stars: | 2024-04-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Bruch is one of the largest individual FTX creditors and has been tapped by the US Department of Justice to serve as one of nine on the FTX Creditors’ Committee, where he is working to recoup the funds lost by customers. DOJ-appointed creditor committees ordinarily consist of people and companies who hold the seven largest unsecured claims against the debtor (in this case, FTX), according to the agency. Before the Bell spoke with Bruch about Sam Bankman-Fried, FTX, MyPrize and the future of crypto. I feel for all of the creditors and am doing everything I can to help recoup what was taken from us. I’ve worked at some of the largest crypto trading desks in the world and then also started trading my own book of capital and grew to become one of the largest individual crypto traders.

Persons: Sam Bankman, Fried, Zach Bruch, Bruch, MyPrize, Bell, Sam Bankman Fried, —, ”, Sam Bankman Fried’s, Bitcoin, I’ve, Elisabeth Buchwald, Jerome Powell wasn’t, ” Powell, Powell, Christopher Waller, Evan Gershkovich, Evan Gershkovich’s, Radina Gigova, Anna Chernova, Antonina Favorskaya, Alexey Navalny, Favorskaya, Gershkovich Organizations: CNN Business, Bell, New York CNN, US Department of Justice, ’, DOJ, Arrington Capital, Department of Justice, Federal, Commerce Department, San Francisco Fed, ” Fed, CNN, Wall Street Locations: New York, Russia, Yekaterinburg

☆ Opinion: Trump’s facing a legal one-two punch
▼ + stars: | 2024-03-25 | by ( Opinion Norman Eisen | Andrew Warren | ) edition.cnn.com time to read: +9 min

CNN —Contrary to the popular view that former President Donald Trump has successfully delayed accountability, this week he’s facing a one-two punch that has the potential to inflict lasting damage. Some say that this case, too, serves as an example of Trump’s success at delaying prosecution against him. On March 18, Trump’s lawyers told the court that it was a “practical impossibility” to secure such a large bond. The bottom line, however, is that the New York attorney general is likely going to continue putting liens on Trump’s properties. Whatever delays may be present in those jurisdictions, or in Florida’s Mar-a-Lago documents case, in New York the former president is facing serious hits.

Persons: Norman Eisen, Barack Obama’s, Andrew Warren, Donald Trump, Attorney Alvin Bragg, Letitia James, Norm Eisen, Bragg, Trump, Stormy Daniels, Daniels, Michael Cohen, –, Cohen, SDNY, Judge Juan Merchan, Donald , Jr, Eric, Judge Arthur Engoron, James, general’s Organizations: CNN, US Department of Justice, New, Manhattan, Attorney, New York, Trump, Andrew Warren State, US, Office, Southern, of, Trump Organization, Seven, NY, DC Locations: Hillsborough County , Florida, New York, of New York, Westchester County , NY, Springs, Manhattan, New York City, Saudi Arabia, Russia, Georgia, Florida’s Mar

☆ The man trying to take down Apple
▼ + stars: | 2024-03-24 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

DOJ antitrust chief Jonathan Kanter is leading the lawsuit against Apple. Federal prosecutors accuse Apple of using its monopoly power to stifle competition. AdvertisementThe US Department of Justice is targeting Apple — and Assistant Attorney General Jonathan Kanter is leading the charge. The DOJ antitrust chief has gone after several large corporations, most recently filing an 88-page lawsuit against Apple that accuses the company of illegal anticompetitive tactics to keep their smartphone monopoly. In an interview with CNBC on Friday, the DOJ antitrust chief didn't rule out the possibility of breaking up Apple.

Persons: Jonathan Kanter, Kanter, —, Apple — Organizations: Apple, Google, Service, US Department of Justice, CNBC, Business

☆ These are the 3 Apple patents analysts say could hit the production line
▼ + stars: | 2024-03-24 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Analysts predict which Apple patents are likely to become products. An Apple Watch with a camera, a hand wearable for the Vision Pro, and offline Siri may be possible. He identified three Apple patents he believes the company will likely make. AdvertisementThe patents Saini identified as "highly probable" include:1) An Apple Watch with a cameraApple's patent illustration of an Apple Watch with a camera. "Apple has been silently doing a lot of research on AI," analyst Saini said when asked about Apple's patents related to AI.

Persons: Siri, —, Apple's, Ming, Chi Kuo, Anmol Saini, Saini, Gene Munster, Munster Organizations: Apple, Apple Watch, Vision, Service, GreyB, United States Patent, USPTO, Asset Management, Bloomberg, Google, US Department of Justice

☆ How your iPhone could get better if Apple loses its big legal battle
▼ + stars: | 2024-03-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +9 min

More smartwatch optionsA Google Pixel Watch and the iPhone don't play as nicely together as an Apple Watch and the iPhone. GoogleIf the Apple Watch isn't your cup of tea, a court loss for the company could make using an alternative watch with the iPhone more seamless. Prosecutors said the Apple Watch depends too much on the iPhone while other smartwatches aren't nearly as compatible with the iOS system. iOS users might have been overcharged for music streaming subscriptions due to the fees placed on app developers by Apple, regulators said. "This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets," Apple told BI in a statement.

Persons: —, Apple's, you'll, Apple, Jonathan Kanter, Kanter, Riley Testut, Jamie Court, you've, they've, Testut Organizations: Apple, DOJ, Service, US Department of Justice, CNBC, EU's, EU, Epic, Consumer, LA Times, Watch, Apple Watch, Google, Prosecutors, European Commission Locations: EU

☆ Here's how your iPhone could get worse if the DOJ's antitrust lawsuit succeeds
▼ + stars: | 2024-03-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

Some critics of the suit believe it could make the iPhone worse, leading to security concerns and a less seamless experience. But is that something that iPhone users really want? The DOJ filed an antitrust lawsuit against Apple on Thursday. AdvertisementFor its part, Apple has argued that the DOJ's lawsuit could pose any number of issues for iPhone users — from security and privacy concerns to a degradation in user experience. A less seamless user experienceThe DOJ's lawsuit could also have a detrimental impact on Apple's signature user experience, according to some experts.

Persons: —, Apple, Jeff Chiu, Tim Cook, Cook, Benedict Evans, Evans, Jennifer Huddleston, Koch, Huddleston, Adam Kovacevich, Dave Lee, Lee, Forrester, Dipanjan Chatterjee, Apple's, Chatterjee, Fortune Organizations: DOJ, Apple, Service, US Department of Justice, AP, Union's, Venture, Cato Institute, Apple Watch, of, Big Tech, Bloomberg

☆ Apple warns of a 'dangerous precedent' if the DOJ wins its lawsuit
▼ + stars: | 2024-03-22 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Apple's iPhone is at the center of a historic lawsuit from the US Justice Department. But Apple says the case would set a "dangerous precedent" if the DOJ wins. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But Apple says the case "threatens who we are" and would radically transform tech companies' ability to serve their customers. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: US Justice Department, Prosecutors, Apple, DOJ, Service, US Department of Justice, Business

☆ Apple's horrible day — explained in 60 seconds
▼ + stars: | 2024-03-21 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

The US DOJ, with 16 state attorneys general, has filed a civil antitrust lawsuit against Apple. Apple says the suit is "wrong on the facts and the law," and it will "vigorously" defend itself. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Meanwhile, it was a bad day for Apple's stock, which was down more than 4% at market close. AdvertisementHere are the five key areas where prosecutors say Apple is breaking the law and harming consumers:1.

Persons: —, Apple, Prosecutors — Organizations: DOJ, Apple, Service, US Department of Justice, Prosecutors, Microsoft, Department

☆ The 6% commission on buying or selling a home is gone after Realtors association agrees to seismic settlement
▼ + stars: | 2024-03-15 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

The NAR, which represents more than 1 million Realtors, also agreed to put in place a set of new rules. One prevents sellers’ brokers from setting buyers’ agents’ compensation, which critics say led brokers to push more expensive properties on customers. Another new rule will require buyers’ brokers to enter into written agreements with their buyers. Realtors could now compete on commissions, allowing for prospective buyers to shop around on rates before they commit to buying a home. The association also faces scrutiny from the US Department of Justice, and it’s unclear whether this settlement with sellers will impact the government’s scrutiny of the brokerage industry.

Persons: ”, Kevin Sears, Nykia Wright, Homesellers, HomeServices, Wright Organizations: CNN, National Association of Realtors, NAR, Realtors, realtors, US Department of Justice Locations: Missouri, America, litigate

☆ Ghislaine Maxwell's lawyers to argue for Jeffrey Epstein associate to be freed from prison in long-awaited appeal hearing
▼ + stars: | 2024-03-12 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Ghislaine Maxwell's lawyers are arguing for her release in a federal appeals court. The appeal focuses on a non-prosecution agreement between Jeffrey Epstein and federal prosecutors. A jury in Manhattan federal court found Maxwell guilty on sex-trafficking charges in December 2021, four days after her 60th birthday that Christmas. Alison Nathan, the judge who oversaw Maxwell's trial, sentenced her to 20 years in prison and issued a $750,000 fine. AdvertisementManhattan federal prosecutors have argued they were free from any restrictions set by the deal between Florida's federal prosecutors and Epstein.

Persons: Ghislaine, Jeffrey Epstein, Maxwell, —, Ghislaine Maxwell —, Epstein, Alison Nathan, Nathan, Maxwell weaponized, Epstein —, isn't, Jeffrey Epstein's, Harvey, Rudy Giuliani, John M, Leventhal, Diana Fabi Samson, Maurene Comey, missteps, Scott David, Ghislaine Maxwell, Laura Menninger, Jane, Jane Rosenberg, Joe Biden, Cuban, Virginia Giuffre, JP Morgan Chase, Carolyn Andriano Organizations: Service, disbarment, Justice Department, US Department of Justice, Reuters, US, Appeals, ricochet, Deutsche Bank, US Virgin Islands, Prosecutors Locations: Manhattan, Tallahassee , Florida, New York, Florida, United States, Washington, US Virgin

☆ Russian oligarch went to Moscow in effort to broker complex prisoner exchange that included Navalny, sources say
▼ + stars: | 2024-03-08 | by ( Sebastian Shukla | Alex Marquardt | ) edition.cnn.com time to read: +8 min

CNN —A multi-country prisoner exchange that might have freed Russian opposition leader Alexey Navalny was being discussed and progressing when he died last month, multiple sources have told CNN, and included the direct involvement of a Russian oligarch, Roman Abramovich. However, a source close to Navalny’s team told CNN that on the evening of February 15 they had received word that a message had been delivered to Putin. Clinton “initially passed on the message” to US National Security Adviser Jake Sullivan, Grozev told CNN. “We had to find a way to package the German asset [Krasikov] into an American negotiation,” the source close to the Navalny team said. Getting the message to Putin was one of the greatest challenges, the individual close to the Navalny team told CNN.

Persons: Alexey Navalny, Roman Abramovich, Navalny, Abramovich, Hillary Clinton, Vladimir Putin, Putin, Maria Pevchikh, “, ”, Dmitry Peskov, it’s, Christo Grozev, Clinton, Grozev, Biden, Viktor Bout, Brittney Griner, Clinton “, Jake Sullivan, Sullivan, Pevchikh, Vadim Krasikov, Krasikov, Tucker Carlson, Evan Gershkovich, Paul Whelan, Whelan, Gershkovich, Whelan –, Sergey Vladimirovich Cherkasov, ” Abramovich Organizations: CNN, United Arab, Kremlin, IK, Aspen Ideas, FSB, US National, National Security, Wall Street, Krasikov, Navalny, US Department of Justice Locations: Russian, Moscow, United Arab Emirates, Ukraine, Siberia, Western, Russia, Aspen, Colorado, Berlin, Chechen, Europe, Germans, Brazil

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