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The Latest Breaking News from Analisa Torres

'The Big Short' Investor Michael Burry Says Prediction Markets Are 'Gambling No Matter What Anyone Calls It'

Michael Burry said prediction markets are 'gambling' regardless of how they are classified, arguing platforms such as Kalshi exploit a regulatory loophole as legal battles over event contracts continue.

International Business Times UK

Federal Judge rejects Kalshi bid to block New York gambling enforcement law

In a decision on Tuesday, US District Judge Analisa Torres in Manhattan said Kalshi did not deserve a preliminary injunction, because the ‌federal Commodity ⁠Exchange Act ⁠did not supersede New York's gambling laws as applied to Kalshi's sports-event contracts.

The Economic Times

Billionaire Sentenced To 30 Years in the US After Using Pro-Democracy Cause To Fuel $1 Billion Fraud Scheme

Guo Wengui, a self-exiled Chinese billionaire, was sentenced to 30 years in a US prison for a £735 million fraud scheme, exploiting supporters seeking democracy in China.

International Business Times UK

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Who is Guo Wengui? Billionaire with close ties to Trump political circle jailed for 30 years over $1bn fraud

Once a property tycoon and Beijing insider, Guo reinvented himself as a dissident before his dramatic downfall

The Independent UK

Chinese tycoon Guo Wengui sentenced to 30 years in US prison for fraud

Guo Wengui, who gained fans for criticising Communist party in China, was found guilty in 2024 on nine charges including money laundering

The Guardian - AU

Fugitive billionaire who vowed to destroy China’s communist regime jailed for 30 years in $1bn fraud scandal

The judge said Guo ‘preyed on those seeking to bring Democracy to China,’ taking their money so he could live lavishly

The Independent UK

DOJ announces that they will release a ‘small’ collection of new files related to Epstein’s death

We may soon know the truth about how he died.

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How Might XRP Evolve Over The Next Years?

XRP is the native asset of the XRP Ledger, an open, decentralized blockchain network engineered for rapid, low-cost, and energy-efficient transactions. David Schwartz, Jed McCaleb, and Arthur Britto began developing the network in 2011 and launched it, along with XRP, in June 2012. Shortly afterwards, the team founded Ripple Labs…

inkl

$XRP Pumps As SEC Files For Ripple Lawsuit Settlement – Is It Actually Game Over?

$XRP prices climbed Thursday after the SEC filed a settlement agreement in its lawsuit against Ripple, but some crypto users noted that the game isn't over yet for the years-long legal battle.

International Business Times

XRP Prices Climb as Ripple Settles SEC Lawsuit With a $50M Fine

XRP prices jumped on the development in the long-standing Ripple vs. SEC lawsuit, which happened right before Paul Atkins' US Senate confirmation hearing on Thursday.

International Business Times UK

Jay-Z makes ‘surprise’ move in Sean Combs rape lawsuit

Rapper and music mogul last month asked a judge to dismiss the lawsuit against him and Combs

The Independent UK

Taylor Swift toasts Jay-Z after Beyonce's Album of the Year win at Grammys as rapper faces 'rape' lawsuit

Jay-Z has called accusations he drugged and raped a 13-year-old girl in 2000 ‘idiotic’

Evening Standard

Jay-Z allowed to file for dismissal over accusations he 'drugged and raped teenage girl'

The rapper’s anonymous accuser filed the lawsuit last year

Evening Standard

Jay-Z’s Legal Team Claims Rape Allegations Are Too Old To Pursue In Court

This latest development comes just days after a judge refused to throw out the case & allowed the alleged victim to proceed anonymously.

Pedestrian.tv

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The Independent UK

Jay-Z’s lawyer argues rape allegation is too old to pursue

Latest efforts by rapper’s lawyer come after a judge rejected attempts to have the plaintiff’s anonymity lifted

Pedestrian.tv

Judge Slams Jay-Z’s Lawyer Over ‘Inflammatory Language’ & ‘Inappropriate’ Courtroom Tactics

"Carter’s lawyer’s relentless filing of combative motions containing inflammatory language and ad hominem attacks is inappropriate."

The Guardian - US

Judge denies Jay-Z’s efforts to dismiss case accusing him of raping girl, 13

Jane Doe alleges Shaun Carter and Sean ‘Diddy’ Combs sexually assaulted her at a 2000 MTV awards afterparty

BANG Premier

Jay-Z accused of ‘wasting court resources’ in his fight against rape accuser

After battling to kill the case or force the woman to be publicly identified, Jay-Z has been accused by a judge of “wasting court resources” in his fight against a woman who accused him and Sean ‘Diddy’ Combs of raping her when she was 13.

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Evening Standard

Judge blasts 'inflammatory' tactics of Jay-Z's lawyer in teen rape case

Music mogul Jay-Z has maintained his innocence

The Independent UK

Judge says woman accusing Jay-Z, Sean 'Diddy' Combs of raping her at age 13 can proceed anonymously

A federal judge says an Alabama woman accusing Jay-Z and Sean “Diddy” Combs of raping her when she was 13 years old can proceed anonymously for now with her lawsuit against the music moguls

International Business Times UK

XRP Surges Amid SEC Optimism, ETF Buzz, Report Leaks, and Trump's Potential Pro-Crypto SEC Pick

XRP prices are expected to surpass $4 per token after breaching crucial resistance levels as its years-long battle with the SEC nears an end and Trump plans to appoint Paul Atkins as SEC chair.

International Business Times

Forcing The Hand Of World's Largest $XRP Holder – Ripple Files Cross-Appeal In SEC Case

Ripple is not backing down in the SEC's fight to overturn a 2023 ruling that flipped the regulator's entire narrative about $XRP being a security – Stuart Alderoty is looking forward to "putting a stake in the heart" of the Gensler SEC's "misguided" crypto industry crackdown.

International Business Times

XRP ETF News And If Ripple Becomes a Security: What Happens Next?

The first XRP ETF is finally in play. If this happens before Solana, I'll officially join the XRP nation. Sources told FOX Business that crypto asset ...

The Independent UK

The NYPD often shows leniency to officers involved in illegal stop and frisks, report finds

The New York City police department is lax in punishing officers who illegally stop and frisk people on the street, undermining efforts to curb wrongful use of tactic than a judge declared unconstitutional more than a decade ago

Fortune

Ripple hails a new major win against the SEC—but a looming appeal means the celebration may be premature

A federal judge fined the crypto firm nearly $2 billion less than the SEC asked for, but the key case is just getting started.

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