July 25, 2025

News

Funds

FireAid funds: California congressman calls for investigation into spending

LOS ANGELES – It’s been six months since the Palisades and Eaton wildfires broke out in Los Angeles County… and still many questions remain surrounding where the $100 million collected through the FireAid benefit concert have gone.   California Congressman Kevin Kiley is now calling on the Justice Department to investigate.  Demanding transparency  What they’re

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Banking

What you need to know about a 150,000-customer banking class action

Photo: ASB and ANZ have rejected an offer to settle a class action suit against them, for about $300 million. Instead, the legal drama continues – and now the country’s lawmakers are involved, too. So what is the class action suit actually about, and what’s happening now? What does the class action claim? The class

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Crypto

Suspects in NYC crypto kidnapping torture plot granted $1 million bond

The suspects accused of kidnapping and torturing an Italian man inside a luxurious SoHo apartment in a bid to access his cryptocurrency password were granted bail by a Manhattan judge Wednesday. After hearing arguments from their lawyers and the Manhattan district attorney, state Supreme Court Judge Gregory Carro said he would release William Duplessie, 33,

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Crypto

Bail set at $1M each for New York City crypto bros

NEW YORK – The “crypto bros” who allegedly tortured an Italian millionaire to obtain his Bitcoin password have been granted $1 million bail each, the New York Post reports. Crypto bros granted bail, but can’t pay in Bitcoin What we know: Manhattan Supreme Court Justice Gregory Carro warned the aforementioned “bros” – 33-year-old William Duplessie

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Loans

New caps on federal student loans worry aspiring doctors

Twenty-year-old Eric Mun didn’t want to believe it: Only one kid in the family could make it to medical school — and it wasn’t going to be him. Mun had done everything right. He graduated high school with honors, earned a scholarship at Northwestern University and breezed through his biology courses. He immigrated to Alabama

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Crypto

Denver pastor, wife indicted in $3.4 million cryptocurrency scam

A Colorado pastor and his wife face dozens of charges connected to a cryptocurrency scam that investigators say they used to deceive and steal from their Christian community, according to the Denver district attorney’s office. Eli, who ran the online-only Victorious Grace Church, and Kaitlyn Regalado were indicted by a Denver grand jury on 40

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Funds

Schuylkill school programs continue despite halt to federal funds – Pottsville Republican Herald

As the new academic year draws closer, Schuylkill County school districts are working to continue educational programs being threatened by the ongoing delay in federal funding. The U.S. Department of Education announced on June 30 that it would withhold distributing more than $6 billion for school programs, money that had already been approved by Congress

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Banking

US Banking Lobby Asks Regulators To Halt Charter Applications From Companies Like Ripple, Fidelity and Others

Traditional banks want the US banking regulator to pump the brakes on approving charter applications from digital asset firms like Ripple, Circle and Fidelity. A group of banking and credit union lobbying associations wrote to directors of the Office of the Comptroller of the Currency (OCC) last week to comment on recent national bank charter

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Crypto

Telegram’s crypto wallet goes live to its 87 million U.S. users – NBC New York

Telegram’s built-in TON Wallet is launching in the U.S., allowing users to send and manage crypto directly within the app The self-custodial wallet supports stablecoin transfers, token swaps, and zero-fee crypto purchases via MoonPay. More than 100 million users globally activated the wallet in 2024, but the U.S. launch had been delayed amid regulatory uncertainty.

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Investors

Aspen Lugano Diamonds CEO stole millions meant for diamonds

An Aspenite who sold a majority stake in his luxury jewelry company for $200 million in 2021 has been sued by two investors who accuse him of stealing more than $14 million. The lawsuit, filed last month in Pitkin County District Court, is the latest fallout from a financial scandal involving Lugano Diamonds, which has

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