Tag: facing
Urgent warning people facing eviction can’t get legal help due to Tory cuts
Farmers and vets facing mass cull trauma need more help
Transfer news LIVE: Mauricio Pochettino facing battle to keep Mount at Chelsea, Jude Bellingham Real updates
MAURICIO POCHETTINO faces an uphill battle to keep Mason Mount at Chelsea, SunSport can exclusively reveal.
The incoming boss has targeted the £60million-rated midfielder’s contract stand-off as one of his main priorities when he takes over at the end of this season.
Elsewhere, Jude Bellingham’s move to Real Madrid is in the wings, with the Spanish giants set to make an offer to Borussia Dortmund.
And Joao Cancelo could stay at Bayern Munich, if the Bundesliga club offer Manchester City around £61million for the Portugal international.
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Stay up to date with ALL of this summer’s transfer news…
YouTuber is facing 20 years in prison for intentionally crashing his plane in a real-life GTA stunt and then lying about it to the government
Two men are facing jail time after trying to smuggle GPUs and, uh, live lobsters into China
Crypto giant Binance is reportedly facing US probe for violating Russian sanctions
Binance is reportedly facing yet another investigation by the US Justice Department, and this time, it’s over possible violations against sanctions imposed against Russia. According to Bloomberg, the agency is looking into whether the cryptocurrency exchange allowed Russian customers to move money as a way to go around US sanctions on the country’s financial institutions. The news organizations’ sources also said that Binance is discussing the possibility of settling with the DOJ regarding previous allegations that the exchange was also used to move money to circumvent US sanctions against Iran.
If you’ll recall, United States and the European Union imposed sanctions against Russian financial institutions following the invasion of Ukraine. Mykhailo Federov, Ukraine’s Vice Prime Minister, asked major crypto exchanges to freeze all Russian and Belarusian accounts at the same time, but Binance was one of the companies that refused to do so. Back then, a spokesperson said that unilaterally banning people’s access to cryptocurrency “would fly in the face of the reason why crypto exists,” because it would affect ordinary users and not just Russian oligarchs.
If the DOJ truly is looking into Binance’s activities related to Russian sanctions, then it’s merely one of the investigations the exchange is grappling with. The DOJ and the Internal Revenue Service started looking into reports that Binance is being used for money laundering schemes in 2021. And just earlier this year, the Commodity Futures Trading Commission (CFTC) charged Binance and its founder Changpeng Zhao (pictured above) for not asking users to verify their identities, offering unregistered crypto derivatives and for implementing measures to avoid US regulation. Binance told us at the time that it found the charges “unexpected and disappointing.”
This time, it told Bloomberg in a statement: “In 2021, Binance launched an initiative to completely overhaul its corporate governance structure, including bringing in a world-class bench of seasoned executives to fundamentally change how Binance operates globally.” The spokesperson continued that the company now observes strict know-your-customer protocols similar to the ones employed by traditional banks. “Our policy,” they said, “imposes a zero-tolerance approach to double registrations, anonymous identities, and obscure sources of money,” While they didn’t specifically address the allegations, the statement sounds like a denial that the company’s service allowed Russian users to flout US sanctions.
This article originally appeared on Engadget at https://www.engadget.com/crypto-giant-binance-is-reportedly-facing-us-probe-for-violating-russian-sanctions-094505840.html?src=rss
Fugees Star Pras Michel Found Guilty of Illegal Political Lobbying, Facing Up to 25 Years in Prison
Pras Michel, a founding member of the Hip-Hop ensemble The Fugees, has been found guilty of making illegal campaign contributions during the 2012 US presidential election.
Full story below…
The star stood accused of funneling $100m through “straw donors” to influence US political elections in both 2012 and 2017.
Straw donors refer to individuals who make donations to political campaigns on behalf of someone else in order to sidestep campaign finance laws.
The post Fugees Star Pras Michel Found Guilty of Illegal Political Lobbying, Facing Up to 25 Years in Prison appeared first on ..::That Grape Juice.net::.. – Thirsty?.
Blizzard is reportedly facing a $43.5 million lawsuit from NetEase over refunds
Following their split earlier this year, NetEase is reportedly suing Blizzard over the refunds for games no longer available in China.
Last year it was announced that Blizzard would be pulling games like World of Warcraft, Hearthstone, and Overwatch from China due to it and NetEase being unable to come to an agreement on a new contract. Services for these titles, and other games like Warcraft 3, the StarCraft series, and Diablo 3, all went offline January 23, ending the 14 year agreement between the two companies. Now, according to a new report from Sina Technology (thanks, WoWHead), Blizzard could be facing a $43.5 million lawsuit for a number of claims.
The primary claim from NetEase is that Blizzard apparently promised refunds to over one million players that wanted them when servers for games like WoW, Overwatch, and more went offline in China. However, NetEase apparently had to cover these refunds as Blizzard allegedly had not covered them. NetEase is also looking for compensation over unsold merchandise inventory and undeveloped games, as the company apparently had to make a “huge deposit for several games in advance, while Blizzard did not refund the relevant deposit when the relevant games were not developed.”
NASA’s Mars Sample Return Mission Is Already Facing a Serious Cash Crunch
NASA’s quest to return rocky samples from the surface of Mars to Earth in 2033 is already running up the bill, with the project needing a lot more money than what was allocated to the mission for 2023.