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A Massachusetts institution for the developmentally disabled can continue to use controversial electric shock devices to address aggressive or self-harming behavior in residents, the state's highest court ruled Thursday, though it left the door open to future challenges.
Wildfire Lawsuits
- BusinessTornado Cash co-founder pleads not guilty to laundering over $1 billion
A co-founder of Tornado Cash, a cryptocurrency platform under U.S. sanctions, pleaded not guilty on Wednesday to federal charges he helped facilitate more than $1 billion in money laundering, including for a cybercrime group linked to North Korea's government.
- MarketsAI firm Brand Engagement Network to go public via SPAC deal
Artificial intelligence startup Brand Engagement Network (BEN) on Thursday agreed to go public through a merger with a blank check acquisition company in a deal valuing the combined company at $358 million.
- BusinessIFRC offers insurance to stretch emergency funding
The International Federation of Red Cross and Red Crescent Societies (IFRC) is offering an insurance policy to expand its emergency funding scheme, it said on Wednesday.
- LitigationUS court orders Mirror Trading International to pay $1.7 bln in restitution for crypto fraud
A U.S. District Court judge has ordered a South African to pay over $1.7 billion in restitution to victims for operating a fraudulent commodity pool worth roughly that amount in bitcoin, the Commodity Futures Trading Commission announced Thursday.
