U.S. prosecutors filed five civil-forfeiture complaints seeking approximately $26.4 million in cryptocurrency linked to international fraud, including investment and romance scams, with launderers primarily in Southeast Asia. The process aims to freeze assets and eventually repay victims, though final disposition is pending.
Unpaid carers in the UK faced demands to repay over £33m in 2025-26 due to earnings-related overpayments in the carer’s allowance system, despite government pledges to reform the system and prevent such errors.
The U.S. Department of Education's new Repayment Assistance Plan (RAP) offers benefits like interest waivers and principal matching, but only if payments are made on time. Late payments, even by one day, result in the loss of these valuable benefits and do not count towards loan forgiveness.
Empery Digital's shares rose after selling 1,400 Bitcoin for $87.1 million to fund an AI data center project and repay debt. The move signals a shift as investor confidence in Bitcoin treasury strategies wanes.
Empery Digital's shares rose after the company sold nearly half its Bitcoin holdings for $87.1 million to fund an AI data center project and repay debt. The move suggests a shift in investor confidence from Bitcoin treasury strategies to AI.
Empery Digital's shares rose after selling 1,400 Bitcoin for $87.1 million to fund a 25% stake in an AI data center venture and repay debt. The sale reduced holdings by 48%, with investors viewing the move favorably amid fading confidence in Bitcoin treasury strategies.
MPs accuse the government of mis-selling student loans through misleading slideshows and YouTube videos, failing to disclose that loan terms could change. A report by the Treasury select committee urges the reversal of a decision to freeze the repayment threshold, highlighting a loss of trust between graduates and the system.
K Wave Media sold all its Bitcoin holdings for $64.2 million, shifting focus to AI infrastructure. The sale, detailed in a June 30 filing, reveals the fragility of corporate Bitcoin treasury strategies when debt, collateral, and Nasdaq compliance pressures mount.
Rex Patrick unites Jacqui Lambie, Pauline Hanson, and David Pocock against Aukus secrecy. Fears grow over datacentres stoking inflation and a heavier mortgage burden. Plus, "crypto corruption" allegations against Trump and World Cup updates.
Rex Patrick unites unlikely allies for Aukus transparency. Fears grow over datacentres stoking inflation and a heavier mortgage burden. News also covers Trump's crypto dealings, "Murdoched" phenomenon, and World Cup updates.
Decentralized finance platform Abracadabra initiated emergency measures, including increasing interest rates across its Cauldrons, after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg to 49 cents.
The U.S. Department of Education will temporarily increase the interest rate discount for student loan borrowers who enroll in automatic payments to 1 percentage point, starting July 1, 2026, lasting two years. This aims to encourage repayment and improve the federal student loan portfolio.
Tens of thousands of Americans with federal student loans are facing technical issues and misinformation as major changes to repayment and relief options under the One Big Beautiful Bill Act take effect July 1. Advocates report problems with accessing plans like PAYE and inaccurate payment estimates, complicating the transition for millions.
Millions of US student loan borrowers face significant changes to repayment plans starting July 1. The Biden-era Save plan is ending due to a court ruling, replaced by stricter, less forgiving options under policies influenced by the Trump administration. New plans like RAP and the tiered standard plan offer different structures for borrowers.
A new federal student loan repayment plan, the Repayment Assistance Plan (RAP), starts July 1. Borrowers can lower monthly bills by reducing their pretax income through 401(k) contributions, HSAs, or FSAs. Each dependent claimed can reduce the bill by $50.
Starting July 1, significant changes to US student loans include the end of the SAVE plan, introduction of new Republican-designed repayment plans, and stricter borrowing limits for graduate students and parents. The article details various repayment options and eligibility criteria.
Economist Dmitry Prokofiev stated that Russia's financial sovereignty depends on its ability to issue its own currency and conduct monetary policy, noting the ruble's sensitivity to oil prices. He explained that Russia acts as a creditor due to its export surplus, enabling it to service its foreign debt.
Financial analyst Mikhail Belyayev stated that there is no economic reason for Russia to rush to repay its foreign debt, which amounts to about 10% of GDP. He advised using available funds for domestic development projects instead.
Ovo Energy will pay over £10m after Ofgem found inadequate monitoring of vulnerable customers with prepayment meters posed a risk of harm. The settlement includes £7m to Ofgem's redress fund and £3.4m in credit/debt relief for customers, plus £1.1m for rural Scottish customers.
The Trump administration is appealing a judge's order for refunds of US$166 billion in global tariffs, imposed by President Trump and later struck down by the Supreme Court. The appeal could impact ongoing repayment processes by US Customs and Border Protection.
Mt. Gox transferred 10,306 BTC ($739M) to a new address, raising questions ahead of creditor repayments. The deadline is now Oct 31, 2026, with 34,504 BTC still held.
Young college graduates, including Jes Vesconte and Ragini Subramanian, are experiencing economic instability due to dismal hiring prospects and high student loan debt, challenging the traditional value of a degree.
Young college graduates, including Jes Vesconte and Ragini Subramanian, are facing economic instability due to dismal hiring prospects and high student loan debt, despite educational achievements. This generation experiences low confidence in the economy and leadership.
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