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Fairytale Forests of the Czech Republic

Discover the latest news, analysis, and insights on the global economy and markets. Stay informed on the latest developments in finance, technology, and business with in-depth reporting and expert commentary.

Lockheed Martin Stock Down After Q4 Miss

Lockheed Martin (LMT) stock falls 8.9% on underwhelming Q4 results, with revenue and earnings missing expectations. Despite the decline, analysts discuss whether it's a good time to buy LMT stock.

Crypto Exchange KuCoin Pleads Guilty to Money Laundering, Agrees to Pay $297 Million

KuCoin, one of the world's largest cryptocurrency exchanges, has pleaded guilty to operating an unlicensed money transmitting business and agreed to pay over $297 million in fines and forfeiture.

PayPal Fined $2 Million for Cybersecurity Lapses

PayPal settles 2 million civil fine over cybersecurity failures that exposed customer data

PayPal Settles Over Cybersecurity Failures

PayPal to Pay $2 Million Fine Over Cybersecurity Lapses Leading to Leaked Social Security Numbers

Crypto Firm to Plead Guilty in FBI Token Manipulation Case

CLS Global, a cryptocurrency firm, pleaded guilty to US charges related to market manipulation. The FBI's undercover operation, 'Operation Token Mirrors,' led to the charges against CLS and others for artificially inflating token trading volume. CLS faces a $428,059 fine and restrictions in the US crypto market.

Citigroup Fails to Dismiss Lawsuit Over Unreimbursed Scam Victims

Federal judge rejects Citigroup bid to dismiss NY AG lawsuit over failure to reimburse fraud victims.

Global Tailings Management Institute Launches

The Global Tailings Management Institute certifies facilities based on their safety and public disclosures. It was founded after the Brumadinho dam collapse in Brazil, which killed 272 people. The institute will elect a board of directors, recruit a CEO and CTO, and appoint independent auditors.

Global Tailings Management Institute Launched After Brumadinho Disaster

Global Tailings Management Institute established, six years after Brazil dam collapse. Institute will oversee audits, certify facilities.

Tether: The Cryptocurrency of Choice for Criminals and Terrorists and the Man Entangled in Its Web

Tether, a cryptocurrency used in illicit activities, has become the digital currency of choice for criminal organizations and sanctioned individuals. Despite concerns about facilitating illegal transactions, Tether's relationship with Cantor Fitzgerald, a bank headed by Commerce Secretary nominee Howard Lutnick, raises questions about potential conflicts of interest and inadequate regulation of cryptocurrencies.