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 · Jul 12

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 · Jul 8

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 · Jun 30

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 · Sep 17, 2025

$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 · May 9, 2025

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 · Mar 26, 2025

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 · Feb 6, 2025

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 · Feb 3, 2025

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 · Jan 3, 2025

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 · Jan 1, 2025