Nancy Napoles, the mayor of Tenancingo, Mexico, is accused of staging her own kidnapping to embezzle approximately $2 million in public funds as ransom. She denies the allegations, calling them politically motivated. Her husband and brother-in-law are wanted in connection with the scheme.
Aave processed $8.45B in withdrawals after a DeFi bridge exploit, showing resilience but also revealing interconnected risks and liquidity pressures. The event highlighted DeFi's maturity while prompting debate on its true safety.
Outgoing Director of National Intelligence Tulsi Gabbard released documents alleging Anthony Fauci funded gain-of-function research at China's Wuhan Institute of Virology and misled Congress about his role and the virus's origins.
Outgoing DNI Tulsi Gabbard released documents alleging Anthony Fauci funded gain-of-function research at China's Wuhan lab and misled Congress about COVID-19 origins. Gabbard claims Fauci worked to suppress truth and influenced intelligence assessments.
Franklin Templeton has filed with the SEC to launch two ETFs that reinvest dividends from U.S. stocks into Bitcoin. The funds, named Franklin U.S. Equity Bitcoin DRIP Index ETF and Franklin U.S. Innovation Bitcoin DRIP Index ETF, will initially have a 5% Bitcoin weighting, capped at 20%. This move follows a trend of crypto-linked ETF launches.
MacKenzie Scott, ex-wife of Jeff Bezos, is recognized as the world's most generous philanthropist, donating over $26 billion since 2012. Her trust-based approach focuses on speed and flexibility, with significant contributions to HBCUs and honoring Toni Morrison.
US Senators are proposing to withhold Defense Secretary Pete Hegseth's travel funds until the Pentagon releases overdue reports on civilian harm investigations, including a deadly strike on an Iranian school and strikes near Venezuela.
Franklin Templeton has filed for two ETFs that will convert US stock dividends into Bitcoin exposure. The funds will initially allocate 5% to Bitcoin and 95% to US equities, reinvesting dividends into Bitcoin holdings through a rules-based strategy.
Western Australia's government is urging the federal government to release funds from the National Reconstruction Fund to support Collie's transition away from coal. Despite nearly $700 million in state funding, concerns remain about re-employing 1,300 workers before the industry's 2030 closure.
The Scottish National Party (SNP) has lost the Aberdeen South seat to the Scottish Conservatives in a surprise by-election result. The seat was previously considered safe for the SNP.
The Scottish National Party (SNP) has lost the Aberdeen South seat to the Scottish Conservatives in a surprise by-election result. The Tories invested heavily in the constituency, focusing on North Sea oil and gas. The defeat may be linked to voter backlash over party fund theft.
Supermodel Naomi Campbell is accused of being unfit to run a charity by the Charity Commission, which claims she "completely abdicated" her responsibilities as a trustee of her defunct Fashion for Relief project. Campbell is challenging a five-year ban, with her lawyers arguing she was a victim of fraud.
Naresh Gujral, son of former PM I.K. Gujral, lost Rs 7.8 crore to cyber fraudsters who impersonated him on a messaging app and manipulated employee phone records. Delhi Police froze Rs 4 crore and are pursuing further recovery.
The Trump administration has redirected $352 million from Secret Service recruitment and training funds to "White House security measures," reportedly to help fund President Trump's planned 90,000 sq ft ballroom. Lawmakers question the shift, citing Trump's promise of private funding.
Funds linked to Indian clients in Swiss banks decreased by over 8% to 3.25 billion Swiss francs in 2025, driven by a decline in funds held through other banks and financial institutions, despite a sharp rise in direct customer deposits.
Treasury yields saw minimal movement Thursday following a significant jump Wednesday after Kevin Warsh's initial Federal Reserve meeting as chair. The Fed maintained its benchmark rate but signaled a more hawkish stance, removing language on future rate cuts. Warsh abstained from submitting a rate forecast, opting instead to form task forces.
Ireland's government has launched a new action plan to combat financial crime, specifically naming crypto-assets as an evolving threat. Measures include enhanced safeguards for digital finance and establishing industry standards for verifying crypto funds.
An RJD MP has sent a legal notice to the Ram Mandir Trust demanding details on donations and expenditures, amid allegations of financial irregularities. The Trust denies wrongdoing, while opposition leaders call for an investigation.
The Federal Reserve's latest projections indicate one rate increase in 2026, with the median forecast for the federal funds rate to end the year at 3.8%. Fed Chair Kevin Warsh abstained from submitting his own forecast, citing a desire to overhaul the central bank's communication strategy.
The Enforcement Directorate will file a money laundering case to probe alleged routing of nearly ₹95 crore in illegal foreign funds into Left-Wing Extremism-affected areas in Chhattisgarh and Assam. The agency will also ask the CBI to register a case under UAPA.
The Enforcement Directorate will file a money laundering case to probe alleged routing of nearly ₹95 crore in illegal foreign funds into Left-Wing Extremism-affected areas in Chhattisgarh and Assam. The agency will also ask the CBI to register a case under UAPA.
President Trump defended a new deal with Iran, claiming it prevents nuclear weapons and reopens the Strait of Hormuz. He cited his killing of Gen. Qassem Soleimani as a precursor and inaccurately described a past Obama-era payment to Iran.
Two US lawmakers, Senator Cynthia Lummis and Senator Rubén Gallego, are backing a non-binding resolution opposing any executive clemency for Sam Bankman-Fried. The resolution states that a pardon would weaken deterrence and send a damaging message regarding financial fraud.
UK Prime Minister Keir Starmer announced plans to increase the defense budget by reallocating funds from other government departments. This decision follows resignations over military spending and faces criticism amid cuts to health and social care.
