Roni Cohen-Pavon, former Chief Revenue Officer of Celsius, was sentenced to time served and one year of supervised release after his conviction for manipulating Celsius’ CEL token and fraud linked to the crypto lender's collapse. Arrested in 2023, he cooperated with prosecutors and agreed to forfeit over $1 million and pay a $40,000 fine. This contrasts with ex-CEO Alex Mashinsky's 12-year sentence and $48 million penalty. The case highlights regulatory scrutiny in crypto, while another major case involving Tornado Cash's co-founder continues to challenge legal boundaries for decentralized finance developers.
Embecta Corp. has finalized its acquisition of Owen Mumford Holdings Limited for an initial £100 million plus up to £50 million in performance-based payments. This deal enhances Embecta's transformation into a broad-based medical supplies company by ...
MasterCraft Boat Holdings has finalized its acquisition of Marine Products Corporation, adding the Chaparral and Robalo brands to its portfolio. This merger creates a diversified lineup of leading recreational marine brands, enhancing dealer networks...
The bond market now signals a Federal Reserve rate hike is more likely than not by December 2026, reversing earlier expectations of rate cuts. This shift comes amid strong economic data, including rising retail sales and inflation pressures driven by...
President Donald Trump insisted on a genuine 20-year nuclear activity ban from Iran and dismissed Iran's recent proposal as unacceptable. He emphasized that the U.S. does not seek favors from China regarding reopening the Strait of Hormuz, asserting ...
ESET announced that Chief Security Evangelist Tony Anscombe will co-chair and participate in a panel at the NetDiligence Cyber Risk Summit on May 19-20, 2026, in San Diego. The session will focus on emerging cyber risks beyond AI, including quantum c...
