CoinDesk

The U.S. Securities and Exchange Commission (SEC) filed suit against an alleged crypto pyramid scheme, NovaTech, and eight of its promoters on Monday, charging them with fraud and multiple violations of federal securities laws.

SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme

Reuters

NEW YORK (Reuters) - U.S. authorities have told Carson Block that they have ended their civil and criminal investigations into the short seller’s activities without taking any action, according to two sources familiar with the matter.

US government ends probes into Muddy Waters' Carson Block, sources say

Business Insider

Official Partners found success by catering to the top of the residential market. Its connection to star broker brothers could be its downfall.

First came the accusations of rape. Now 3 owners of the Alexander brothers' beleaguered brokerage firm are jumping ship.

New York City, NY

Guo Wengui, also known as Miles Guo, was convicted of a billion-dollar fraud by U.S. prosecutors in New York. Guo has been an associate of fromer Trump strategist Steve Bannon, who was arrested on Guo's yacht in 2020. Exiled Chinese businessman Guo Wengui, who also uses the alias Miles Guo,...

Steve Bannon-Linked Chinese Businessman Found Guilty in Fraud Scheme

Philadelphia, PA

Viral videos show hundreds of protesters marching through Philadelphia with communist flags. The protest, which took place on Sunday, called for a “class war” to overthrow capitalism in the United States. According to Fox News, Sunday’s march through the streets of Philadelphia came as the Revolutionary Communists of...

Videos: Hundreds march with communist flags in major US city

San Francisco, CA

New York Post

Laurene Powell Jobs, the billionaire widow of Apple visionary Steve Jobs, has set a new residential sale record for the city of San Francisco. 

Powell, 60, purchased a home in the Pacific Heights neighborhood for a cool $70 million, individuals with knowledge of the sale told the Wall Street Journal.  

The property wasn’t publicly listed for sale, but the sellers — Sloan Lindemann Barnett, the daughter of billionaire George L. Lindemann and Roger Barnett, chief executive of Shaklee, a health-supplement maker — initially wanted more than $100 million for it, sources told the Journal. It is sandwiched between homes owned by billionaire...

This billionaire just bought the most expensive home in San Francisco

Louisiana State

California State

Local officials and advocates in California are divided over Gov. Gavin Newsom's recent executive order requiring state agencies to remove homeless encampments on public property, leaving the homeless community caught in the middle and uncertain where they will go. In June, the Supreme Court ruled that punishing homeless people for...

'It’s mayhem and craziness': Californians react to Gavin Newsom’s order to remove homeless encampments

A "record-breaking backlog" of pending actions has led to an estimated $1.1 billion in improper beneficiary payments, according to a new report. Experts say the Social Security Administration needs more funding in its budget to properly address a "customer service crisis." The Social Security Administration faces a "record-breaking backlog" of...

'Record-breaking backlog' leads to $1.1 billion in improper Social Security payments, report finds

Tustin, CA

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

NewSantaAna

On Saturday, June 15, 2024, at 9:33 PM, three suspects, all with multiple arrests and convictions in Los Angeles County, drove to the City of Tustin to commit a robbery, according to the Tustin Police Department .

Three L.A. County men were arrested for robbing a U.S. Secret Service agent in Tustin

A major Democratic donor last week called the Federal Trade Commission’s chair a “dope” and called for her firing. It turns out one of his companies is being investigated by the FTC. Suggested Reading. CNN on Tuesday reported that IAC Inc. — the New York-based holding company...

A billionaire called for Harris to fire the FTC's chair. His company is reportedly being investigated by the FTC

TIME

Some crypto enthusiasts are now all in on Donald Trump, believing he will be a major boon for the industry if elected.

How the Crypto World Embraced Trump, Vance, and Project 2025

TechRadar

Microsoft and Palantir are teaming up to improve AI, cloud and analytic capabilities for the US Defense and Intelligence Community.The project will seek to provide critical national security operations with a first-of-its-kind technology suite which combines Microsoft large-language-models via Azure OpenAI Service with Palantir’s AI Platforms (AIP).The partnership will see both companies develop new AIPs designed to improve Defense and Intelligence, from contracting and logistics, to prioritization and action planning.
Enhancing national security operations
As part of the project, Palantir will offer its Foundry, Gotham, Apollo and AIP products in Microsoft Azure Government and in the Azure Government Secret (DoD Impact Level...

Microsoft and Palantir announce major AI deal with US military and intelligence agencies

Georgia State

Atlanta, GA

Daily Coffee Press

A 40-year-old man has been sentenced to over 28 years in prison for distributing significant amounts of fentanyl and other controlled substances to dealers in the Middle Georgia region. Authorities revealed that investigators uncovered evidence linking the drugs provided by the defendant, 40-year-old Lagary Williams, also known as "Frog," from Atlanta, to a fatal overdose.

Atlanta Man Sentenced to 28 Years for Supplying Deadly Fentanyl Linked to Fatal Overdose

False or misleading US election claims posted on X by Elon Musk have amassed nearly 1.2 billion views this year, a watchdog reported Thursday, highlighting the billionaire's potential influence on the highly polarized White House race. Ahead of the November election, researchers have raised alarm that X, formerly Twitter, is...

Musk's false X posts on US election viewed 1.2 billion times, says watchdog

Booneville, MS

Mississippi News Group

Written with artificial intelligence assistance. The Prentiss County Grand Jury has handed down indictments against two Booneville residents on charges of child endangerment, according to the Prentiss County Sheriff’s Department.

Two Women Indicted for Child Endangerment

Variety


				













	The Justice Department sued TikTok and parent company ByteDance, alleging the popular video app repeatedly violated the U.S.’s Children’s Online Privacy Protection Act and related regulations.'House of the Dragon' Season 2 Finale Leaks on TikTok and Twitter/X, HBO Blames 'International Third-Party Distributor'




	The DOJ, together with the FTC, on Friday (Aug. 2) filed the civil lawsuit in the U.S. District Court for the Central District of California against TikTok, ByteDance and their affiliates. According to the complaint, from 2019 to the present, TikTok “knowingly permitted children to create regular TikTok accounts and to create, view and share short-form videos and messages...

TikTok Sued by U.S. Justice Department for Allegedly ‘Knowingly and Repeatedly’ Violating Child Data Privacy Law

New Jersey State

New Brunswick, NJ

Morristown Minute

NEWARK, N.J. -A Middlesex County man, Kenneth Strickland, 57Kenneth Strickland, 57, from New Brunswick, has been convicted of his involvement in a large-scale conspiracy to distribute fentanyl and heroin. U.S. Attorney Philip R. Sellinger announced that Strickland was found guilty on July 29, 2024, of all six counts in a superseding indictment.

NJ Man Convicted in Large-Scale Fentanyl & Heroin Trafficking

Students and their families, along with college financial aid administrators, hoped the 2025-26 school year would be a return to normalcy. It doesn't look like that will be the case. The Department of Education announced the 2025-26 Free Application for Federal Student Aid won't be available for everyone on Oct....

FAFSA delays will keep plaguing students for 2025-26 school year—how to maximize your chances of getting financial aid

Chicago, IL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Laura Champine, Loop Capital Markets director of research, joins 'The Exchange' to discuss Home Depot as the home improvement company is set to report its earnings.

Home Depot earnings on deck: Here's what to expect

NewsBreak

U.S. government ends probes into Muddy Waters' Carson Block, sources tell Reuters

U.S. authorities have told Carson Block that they have ended their civil and criminal investigations into the short seller's activities without taking any action, according to...

U.S. government ends probes into Muddy Waters' Carson Block, sources tell Reuters

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