Financially, the Adler Group is not doing well. The real estate group ends the past year with a loss of billions. Now there are also investigations because of questionable balance sheets and consulting contracts. One hundred seventy-five investigators are searching sites across Europe.
After the collapse of Wirecard, ex-CEO Jan Marsalek made a spectacular escape. Since then, there has been speculation about whether he is still alive....
While offering exciting opportunities for investors, the crypto market has also witnessed its fair share of scams and fraudulent activities. Among them, OneCoin stands out as the largest crypto scam in history, leaving investors in disbelief and regulators scrambling to take action.
Cryptocurrency exchange Bittrex has filed a motion to dismiss in its legal battle with the U.S. Securities and Exchange Commission (SEC). In a recent court filing, Bittrex argues that the SEC only has the authority to regulate cryptocurrencies as securities if Congress explicitly gives the agency that authority.
Millions of data were allegedly collected and used for training ChatGPT. CEO Sam Altman has to answer for it in court. OpenAI allegedly stole "large amounts of personal data" to train ChatGPT. Specifically, collecting medical data and information from children weighs heavily in court.
You may know Steinhof through Fraser Perring, because his group Viceroy Research was decisive for the company's downfall! A German court has issued an arrest warrant against Markus Jooste, the former CEO of the Steinhoff furniture group, formerly the parent company of the now-insolvent Kika and Leiner furniture chains in Austria.
Peter Marti can breathe a sigh of relief: The criminal proceedings against him, for example, for abuse of office, have been dropped. The former Swiss special investigator of the federal government evidently does not have to fear any charges. Criminal proceedings against him have been dropped. The decision still needs to be legally binding.
A new chaos is brewing in the crypto world. This time, no less a market participant than the world's largest crypto exchange Binance is at the centre of it. The U.S. Securities and Exchange Commission (SEC) has taken notice of the crypto exchange and most recently filed a lawsuit.
