trial

Do Kwon, co-founder of disgraced Terraform Labs, will face trial in a year’s time for his alleged role in the $40 billion criminal fraud case involving the collapse of Terra Classic (CRYPTO: LUNC) and sister stablecoin TerraUSD (USTC), according to a report on Wednesday. What Happened: U.S....

SciSparc Ltd.(NASDAQ:SPRC), a clinical-stage pharmaceutical company, announced that the U.S. Food and Drug Administration (FDA) has approved its investigational new drug (IND), which enables the company to proceed to Phase IIb clinical trial for its medication to treat Tourette Syndrome (TS). This...

The high-profile insider trading trial linked to Trump Media & Technology Group Corp (NASDAQ:DJT) began in New York this Tuesday. The defendant is charged with unlawful trading in the shares of a shell company before its merger with Trump Media was announced. What Happened: The federal criminal...

While the Sam Bankman-Fried trial has come to an end with multiple convictions, there are a number of interesting facets to look at, including who were the winners and losers of the case, as well as shining a light on fraud by other billionaires.  The news of SBF’s verdict...

Defense attorney Mark S. Cohen's closing remarks left Sam Bankman-Fried on the verge of tears at his fraud trial late Wednesday. Cohen appealed to the jury that Bankman-Fried acted in good faith in his entire operations at FTX and Alameda Research and thus should not be...

European vertically-integrated manufacturer of cannabis-based medicines Avextra AG unveiled the Avextra Alliance for Evidence-based Cannabis Medicine on Wednesday The alliance is an initiative to advance research and development in cannabinoid-based therapies in European markets where...

Former President Donald Trump faces is set to appear in court for numerous allegations, several of which relate to the management of the 2020 presidential election. Ahead of an impending trial, a recent ruling has limited what Trump can publicly discuss. What Happened: On Monday, a federal...

Few names have been as synonymous with both rapid success and a dramatic decline as Sam Bankman-Fried. His arrest almost 10 months ago marked one of the most shocking moments in the crypto industry’s history. The trial for Bankman-Fried, the founder of FTX, began this week at the U.S....

On Thursday, special counsel Jack Smith suggested commencing former President Donald Trump‘s trial on Jan. 2, 2024. The trial pertains to allegations that Trump tried to reverse his 2020 election defeat to President Joe Biden. CNBC reported Thursday that Smith, in a document submitted to the...

Ahead of the 2024 presidential election, most Americans believe that former President Donald Trump should face trial. According to a new Ipsos poll, 57% of Americans believe the trial should occur before the Republican primary election and 62% people say the trial should...

The Swiss government is considering legalization of recreational cannabis use and sales in Zurich as part of a new trial set to launch this summer, reported CNBC. The latest move builds on a 2021 amendment to the Federal Narcotics Act that came into effect in Switzerland, allowing pilot trials...

Australian scientists were recently granted $1.7 million from NSW Health to develop new ways to treat chronic pain in patients with spinal cord injuries. The research seeks to help those developing neuropathic pain, which some patients describe as the most debilitating part of their injury. Nearly...

After losing the defamation trial ex-husband Johnny Depp brought against her, Amber Heard is set to share her thoughts on the case publicly in her first televised interview. Here are the details. What Happened: A jury awarded a $15 million ruling to Depp in a defamation lawsuit....

The Centers for Disease Control and Prevention (CDC) have warned about bacteria becoming increasingly resistant to antibiotics. Staggering statistics from the World Health Organization reveal that on a global level, 700,000 people die due to infections caused by antibiotic-resistant...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk may soon be heading for a courtroom battle with company shareholders who claim that they have lost billions of dollars because of Musk’s 2018 tweet on taking Tesla private. Am considering taking Tesla private at $420. Funding secured. — Elon Musk...