An offshore cryptocurrency trading firm pleaded guilty on Monday in U.S. District Court in Manhattan to a charge of operating as an unlicensed money transmitting business in the United States while seeking customers in New York and other states. In pleading guilty, the Seychelles-based company that operates OKX, which the government described as one of…
Canned tuna sold at grocery stores in 26 states and in Washington, D.C., was recalled because of botulism risks, the Food and Drug Administration and Tri-Union Seafoods said on Friday. The F.D.A. said that Tri-Union Seafoods had voluntarily recalled the tuna “out of an abundance of caution” after being notified of potential issues with the…
Two years ago, when big-name Chinese technology companies like Baidu and Alibaba were chasing Silicon Valley’s advances in artificial intelligence with splashy announcements and new chatbots, DeepSeek took a different approach. It zeroed in on research. The strategy paid off. The Chinese start-up has jolted the tech world with its claim that it created a…
A 54-year-old Indian-origin British hedge fund trader has been sentenced to 12 years in prison in Denmark after being found guilty of tax fraud that cost the Danish government over $1.2 billion. The fraud involved a so-called “cum-ex” tax scheme. The sentencing of Sanjay Shah is one of the longest prison sentences in Denmark’s history…