City Manhattan Financial News
27.03 / 18:27
Provident
Kucoin
Platform
security
Trade
country
US prosecutors try to send warning to cryptocurrency world with KuCoin prosecution
A top U.S. prosecutor has announced criminal charges against a once ascending company in the cryptocurrency world and two of its founders in a bid to send a message to other players in the industry to follow U.S. laws
25.03 / 20:05
Terra Luna
Terra
Trial Against Terraform Labs And Do Kwon Begins In NYC Following Prison Release
The United States Securities and Exchange Commission’s (SEC) trial against Terraform Labs founder Do Kwon is set to begin in Manhattan federal court Monday, though the former crypto tycoon will not be present.
25.03 / 12:09
25.03 / 12:09
25.03 / 10:59
BLOCK
wellness
President
Experts
Golf
cover
Courts
NOT
Will you be able to buy Trump Tower at auction? Not anytime soon
New York state could start seizing Donald Trump's properties if he doesn't post a bond by Monday to cover a $454 million civil fraud judgment, but it may be well over a year before Trump Tower and other prized real estate holdings are on the chopping block. Seizing the former U.S president's sprawling real estate empire, which includes Trump Tower in Manhattan, a 370-acre estate in Westchester and his Mar-a-Lago resort in Florida, would not entail sheriff's deputies storming the lobby of Trump's buildings or chiseling the real estate mogul's name off of facades.
18.03 / 10:25
Digital
Celebrity
stars
recommendations
donates
Courts
bowling
Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud
Federal prosecutors are asking a New York judge to sentence FTX founder Sam Bankman-Fried to between 40 and 50 years in prison for cryptocurrency crimes they described as a “historic fraud.”
15.03 / 21:51
14.03 / 22:45
09.03 / 05:39
security
Election
awards
Chubb
cover
Department
Courts
Donald Trump posts $91.6 million bond for E. Jean Carroll's defamation verdict
Donald Trump on Friday posted a $91.6 million bond to cover the defamation verdict in favor of writer E. Jean Carroll, and began his appeal of the case that arose from his branding her a liar after she accused him of raping her decades ago. The bond from Federal Insurance Co, part of the insurer Chubb, would cover Carroll's $83.3 million judgment if Trump were to lose his appeal of the Jan. 26 verdict and refuse to pay.
08.03 / 19:52
UPS
security
awards
Opinion
President
cover
Courts
Donald Trump appeals E. Jean Carroll's $83.3 million defamation verdict
Donald Trump on Friday appealed the writer E. Jean Carroll's $83.3 million verdict in her recent defamation case, which arose from his branding her a liar after she accused him of raping her decades ago. Trump said his appeal to the 2nd U.S. Circuit Court of Appeals in Manhattan will cover «all adverse orders, rulings, decrees, decisions, opinions, memoranda, conclusions, or findings» leading to the Jan. 26 verdict.
06.03 / 22:27
UPS
BLOCK
Man
Fighting
reports
Courts
Court order permanently blocks Florida gun retailer from selling certain gun parts in New York
A federal judge has banned a Florida gun retailer from selling certain gun parts in New York that officials say can be used to assemble untraceable ghost guns and sold without background checks
06.03 / 15:03
05.03 / 20:05
COST
UPS
Target
Trade
electronic
reports
rights
Target launches new paid membership program in a bid to drive sales at a time of cautious spending
by inflation and high borrowing and credit card costs. The company reported its first annual decline in sales — 1.7% — in seven years. Target delivered a 58% increase in fourth-quarter profits and handily beat Wall Street expectations as the retailer cut costs and maintained a lean inventory during the critical holiday season.
04.03 / 21:09
29.02 / 13:56
28.02 / 22:07
security
Election
Nov
President
Justice
prevention
Courts
Trump loses bid to pause $454.2 million judgment in NY civil fraud case
By Jonathan Stempel and Luc Cohen
28.02 / 20:33
Sustainability
Food
Trade
Pride
country
Courts
New York sues meatpacking giant JBS over climate claims
By Jonathan Stempel
28.02 / 16:45
UPS
Man
Trade
reports
recommendations
guidelines
Courts
FTX founder Sam Bankman-Fried's lawyer asks judge to reject 100-year recommended sentence
Sam Bankman-Fried's lawyer says a recommended sentence of 100 years in prison for the FTX founder is “grotesque” and “barbaric” for cryptocurrency crimes
27.02 / 15:04
markets
COST
Waves
Parke
Southern
track
CPPIB's $1 office tower deal uncovers anxiety among longtime buyers
Canadian pension funds have been among the world’s most prolific buyers of real estate, starting a revolution that inspired retirement plans around the globe to emulate them. Now the largest of them is taking steps to limit its exposure to the most-beleaguered property type — office buildings.
27.02 / 07:45
SEC
Terra Founder Do Kwon’s SEC Trial to Start Without Him Amid Extradition Delay
Do Kwon, co-founder of Terraform Labs, is expected to miss the beginning of his US Securities and Exchange Commission (SEC) trial on fraud charges due to delays in his extradition from Montenegro. The trial which was set to begin last month was postponed to March 25 on Kwon’s request.
25.02 / 04:25
Citi
Death
innovations
reports
Department
inequality
Profiles
Indian national Fazil Khan succumbs in fire incident in Manhattan residential building
PTI, Fazil Khan was killed in the fire that broke out in a six-story residential building at 2 St. Nicholas Place in Harlem, Manhattan that left about 17 other people injured. The New York City Fire Department said that its marshals have determined that the “devastating" fire was caused by a lithium-ion battery.
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