Deutsche Bank said Thursday it saw record profits during the fourth quarter of 2025, as the lender’s earnings update came amid a new investigation by German authorities into alleged money laundering. The German lender’s fourth-quarter results statement showed net profit attributable to shareholders came in at 1.3 billion euros ($1.56 billion) in the last quarter…
Binance founder Changpeng “CZ” Zhao said his business relationship with President Donald Trump‘s family has been “misconstrued” in the wake of his pardon. “There’s no business relationships whatsoever,” Zhao told CNBC’s Andrew Ross Sorkin on Thursday in an interview at the World Economic Forum in Davos, Switzerland. The former Binance CEO served four months in…
New York Attorney General Letitia James is set to plead not guilty Friday morning in federal court in Virginia to a fraud case tied to mortgage records she signed in 2020. James is a longtime antagonist of President Donald Trump, who publicly urged Attorney General Pam Bondi to target her weeks before she was indicted….
President Donald Trump has pardoned Binance founder Changpeng Zhao, who had previously pleaded guilty to enabling money laundering while heading the cryptocurrency exchange, the White House said Thursday. The pardon of Zhao, widely known as CZ, came two months after The Wall Street Journal reported that the Trump family’s own crypto venture, which has generated…
George Santos, who was expelled from the U.S. House of Representatives, arrives for the sentencing in his criminal corruption charges at Central Islip Federal Courthouse in Central Islip, New York, U.S., April 25, 2025. Shannon Stapleton | Reuters President Donald Trump on Friday evening said he has commuted the prison sentence of George Santos, releasing…
Former National Security Adviser John Bolton speaks to reporters after speaking in a panel hosted by the National Council of Resistance of Iran – U.S. Representative Office (NCRI-US) at the Willard InterContinental Hotel on Aug. 17, 2022 in Washington, DC. Anna Moneymaker | Getty Images John Bolton, a former national advisor to President Donald Trump,…
The Department of Justice has seized about $15 billion worth of bitcoin held by a man who oversaw a massive “pig butchering” fraud operation based in Cambodia, prosecutors said Tuesday. The seizure is the largest forfeiture action by the DOJ in history. An indictment charging the alleged pig butcher, Chen Zhi, was unsealed Tuesday in…
NY Attorney General Letitia James speaks during a press conference on the Department of Government Efficiency (DOGE) at Manhattan Federal Courthouse on Feb. 14, 2025 in New York City. Michael M. Santiago | Getty Images New York Attorney General Letitia James was indicted Thursday by a grand jury in Virginia on at least one count…
Richard Kim, a former Goldman Sachs and JPMorgan Chase executive, was indicted on securities and wire fraud charges related to his alleged misappropriation of about $4 million in investor funds for his start-up online casino company, most of which he allegedly lost within a week through gambling on another site, prosecutors said Wednesday. Investors who…
