Courts Financial News

Keonne Rodriguez, one of the individuals associated with the popular cryptocurrency mixer Samourai Wallet,  has  entered a plea of not guilty to charges of  money laundering .

Also read: Arvind Kejriwal news: Tihar jail administration allows wife Sunita to meet Delhi Chief Minister Stating that the decision of Arvind Kejriwal to continue as the Chief Minister after his arrest is "personal", the court said that “it does not mean that the fundamental rights of school-going children would be trampled upon". “National interest and public interest demands that no person who holds this post is incommunicado or absent for a long stretch of time or for an uncertain period of time.

In a remarkable judgement delivered on 6 April 2024, a day that should stay marked memorably on our calendar, the Supreme Court of India (SC) recognized that “….the people have a right against the adverse effects of climate change." And that “this right and the right to a clean environment… [is] necessary to articulate... as a distinct right. It is recognised by Articles 14 (right to equality) and 21 (right to life)." The SC judgement clearly spells out that the right to health (under Article 21) is impacted by factors that degrade the environment.

Prajwal Revanna, who is an alleged accused of sexual assault video case, himself publicly referred to the sex tapes that erupted a controversy across the state. Last June, the JD(S) leader sought a gag order to avoid dissemination of what he said “fake news" “morphed videos". Prajwal Revanna in June 2023 moved a Bengaluru civil court against 86 media houses and three persons in connection with the sexual assault videos, as per Indian Express report.

Also Read: Baba Ramdev 'crossed red line' with false COVID cure claims, people believed him: IMA chief on confronting Patanjali Among the products that have been suspended are: Swasari Gold, Swasari Vati, Bronchom, Swasari Pravahi, Swasari Avaleha, Mukta Vati Extra Power, Lipidom, BP Grit, Madhugrit and Madhunashini Vati Extra Power, 'Livamrit Advance', 'Livogrit', 'Eyegrit Gold' and 'Patanjali Drishti Eye Drop', The drug licensing authority suspended the licences of the products by the firm due to violations of the Drugs and Magic Remedies (Objectionable Advertisements) Act and the Drugs and Cosmetic Act. The firm did not provide the information sought regarding the products, and the explanation offered in defence was not satisfactory, the authority said in its order, news wire PTI reported quoting the order.

₹187 to a customer. The incident happened in January 2023 when a customer had ordered an 'Nutty Death by Chocolate ice cream price from the food delivery app.

The Supreme Court has rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some social media posts that relate to Tesla, the electric vehicle company he leads

WeWork Inc and its major financial backers including SoftBank Group Corp. have struck a new restructuring deal to get the ailing workspace provider out of bankruptcy, spurning a competing financing proposal from co-founder Adam Neumann. WeWork has struck an agreement with senior lenders, who have agreed to provide the business with roughly $450 million in Chapter 11 and exit financing in exchange for equity in the reorganized business. SoftBank and other owners of the company's existing letters of credit could also swap their debt holdings for stock after exiting Chapter 11, WeWork lawyer Steven N. Serajeddini said during a Monday bankruptcy court hearing in New Jersey.

States and Union Territories have sought more time and wider consultations with all stakeholders including private hospitals, to proceed further on the Supreme Court's February directive to the Central government to work out standard rates for medical procedures and services, according to an affidavit the government filed in the apex court Monday. The Supreme Court on Monday agreed to hear a plea by an association of doctors and hospitals that questioned the government's move to prescribe rates for all hospitals. The matter is slated for hearing on September 10. In response to a public interest litigation filed by an NGO, the apex court had directed the Central government to come up with a concrete proposal specifying standard rates, in consultation with states. The court had warned of applying Central Government Health Scheme rates for treatment services at private facilities until standardised rates were set.

Bitcoin (BTC) slipped below $63,000 on multiple occasions last week during a volatile stretch, but was trading closer to that level again Monday. The friction between regulators and the cryptocurrency industry was heightened last week after the U.S. Department of Justice (DOJ) charged founders of a non-custodial bitcoin wallet with money laundering, while crypto firm Consensys took the Securities and Exchange Commission (SEC) to court.

Queensland Police have taken action against an alleged crypto investment fraud operating on the Gold Coast, resulting in the arrest and charging of four individuals. 

AstraZeneca has acknowledged that its Covid-19 vaccine can lead to a rare side effect known as Thrombosis with Thrombocytopenia Syndrome (TTS). This admission comes as the company faces a lawsuit alleging severe harm and deaths caused by the vaccine, according to The Telegraph. TTS is thrombosis with thrombocytopenia syndrome, which is basically a clot in blood vessels of the brain or elsewhere, along with a low platelet count. It is known to occur in very rare instances following certain types of vaccines and also from other causes. According to the WHO, adenovirus vector vaccines in particular have been rarely associated with this condition. Although COVID vaccines have prevented numerous deaths, reports of these extremely rare but potentially serious immune-mediated events have also been published in reputed journals, said Dr Rajeev Jayadevan, Co-Chairman National IMA COVID Task Force, Kerala. AstraZeneca, which collaborated with the University of Oxford to develop the vaccine, is currently embroiled in legal proceedings initiated by victims and their families. One such case involves Jamie Scott, a father of two, who took legal action after suffering a blood clot that left him unable to work. Scott claims that following his vaccination in April 2021, he developed a «blood clot and a bleed on his brain,» resulting in a lasting brain injury.

20,000 doctors died after taking two doses of the COVID vaccine. And he was having such a high profile that, you know, people believed what he said. That was the unfortunate part of it," Asokan was quoted as saying.

Patanjali's case tomorrow (April 30) to determine whether to press contempt charges against Ramdev or not. Earlier today, Indian Medical Association president Dr RV Asokan explained why the IMA dragged Patanjali to court saying Ramdev crossed a red line when he claimed he could cure COVID-19 and at the same time maligned modern medicine.

Dozens of friends and family of Ahmad Al Marrach gathered in prayer at Peace and Friendship Park on Sunday afternoon — as the community held a vigil in remembrance of the 16-year-old who was killed outside the Halifax Shopping Centre earlier this week.

As the working week drew to a close in Frankfurt, Deutsche Bank AG’s Christian Sewing was on a roll. Upbeat first-quarter earnings had sent the lender’s shares to the highest level since 2017, bolstering a perception that the firm had finally shaken off its scandal-prone past.

Supreme Court on Monday asked Delhi Chief Minister Arvind Kejriwal, who has been arrested in a money-laundering case stemming from the alleged excise policy scam, why has he not filed a bail application before the trial court. A bench of Justices Sanjiv Khanna and Dipankar Datta was hearing the Aam Aadmi Party (AAP) leader's plea challenging his arrest by the Enforcement Directorate (ED). «You did not move any application for bail before the trial court?» the bench asked senior advocate Abhishek Singhvi, who appeared in the court on behalf of Kejriwal.

Narendra Modi from contesting elections for six years for allegedly seeking votes in the name of deities. Justice Sachin Datta said the plea was devoid of any merits.

Avraham Eisenberg, the individual recently convicted of fraud and market manipulation in connection with a $110 million heist from Mango Markets, now faces additional charges of possessing child pornography. 

High Court judgment, hinting at a conspiracy. Mamata Banerjee also said that the High Court was wrong to cancel all the job appointments at once without looking into the details of each individual case.

Arvind Kejriwal's reign as the Delhi Chief Minister as nation's top officials including Delhi High Court and Prime Minister Narendra Modi have criticised him running his office from Tihar jail. PM Modi in an interview to TOI said that he felt «other politicians won't be so lacking in morals.» «I think it is the media's responsibility to show the people the full perspective on this (Kejriwal) issue, how people of Delhi are suffering, and what the courts have said about the case,» Modi said when asked about a sitting Chief Minister being in jail.