August 4, 2025

US News

Crypto

Accused NYC crypto bro kidnappers bragged about holding another foreign tourist hostage

Two crypto bros charged with kidnapping and torturing an Italian millionaire so he would give them his cryptocurrency password were accused of holding another European tourist hostage at their Kentucky compound, according to a report. William Duplessie, 33, and John Woeltz, 37, took a group of models and other high fliers from Palm Beach, Florida,

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Funds

NYC school secretary admits embezzling $145K in taxpayer funds, avoids prison

A purchasing secretary pleaded guilty this week to embezzling more than $145,000 over seven years from a Staten Island public school in a deal that will spare her jail time but require full restitution, officials told The Post. Michele Cenci, who had full access to the checkbook and procurement system at PS 21 Margaret Emery-Elm Park

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Crypto

California police investigate ‘suspicious disappearance’ of Naiping Hou linked to cryptocurrency fortune

An active investigation is underway in Southern California for a missing man that police are calling a “suspicious disappearance.”  Investigators with the San Bernardino County Sheriff’s Department released new information in the hopes of locating Naiping Hou, a 74-year-old resident of Rancho Cucamonga. He was reported missing by his family on May 4, 2025, according

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Crypto

Trump’s Crypto Week Hits A Snag: ‘Genius Act’ Fails Key Vote In House | What’s Next | US News

President Donald Trump’s “Crypto Week” hit a major snag on July 15, 2025, as the House rejected a key procedural vote for the GENIUS Act, 196-223, with 13 Republicans joining Democrats. Photo : AP President Donald Trump’s ambitious “Crypto Week” suffered a stunning blow on Tuesday, July 15, 2025, as the House of Representatives rejected

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Banking

Canadian banking regulator maintains domestic stability buffer for large lenders

Open this photo in gallery: The Bay Street Financial District in Toronto. The domestic stability buffer also affects the minimum capital levels that a bank is expected to hold.Nathan Denette/The Canadian Press Canada’s banking regulator has held steady the capital cushion that the country’s largest lenders must reserve, signalling that financial institutions are withstanding the

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Banking

Scotiabank taps Finning executive as chief operating officer for Canadian banking unit

Open this photo in gallery: Scotiabank is planning to deploy 90 per cent of its capital – up from 70 per cent in 2023 – to its key businesses in Canada, the U.S. and Mexico over the next few years.Fred Lum/the Globe and Mail Bank of Nova Scotia BNS-T has tapped a senior executive at

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Finance

Ex-Assembly candidate charged with illegally scamming state campaign matching system

A former Democratic candidate for New York state Assembly allegedly stole $160,000 in taxpayer cash by defrauding the state’s new campaign matching-funds program, federal prosecutors said Friday. Dao Yin, who lost his long-shot bid for the Assembly’s 40th District in Queens last year, was slapped with a wire fraud charge and arraigned in Brooklyn federal

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Crypto

Crypto bros in NYC kidnap case held 2 other victims ‘against their will’: DA

The crypto bros who allegedly tortured an Italian millionaire for his Bitcoin password also held two other victims “against their will,” prosecutors revealed Wednesday – along with shocking new details about the Soho house of horrors. John Woeltz, 37, and William Duplessie, 33, pleaded not guilty to kidnapping charges in a dramatic Manhattan Supreme Court

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Investment

Trump doubles steel tariffs to 50%, slams ‘shoddy’ Chinese products while celebrating Nippon’s $14B investment in America

President Trump announced Friday that he would double tariffs on imported steel to 50% following a pair of court rulings that left many of his signature duties in limbo. “At 25%, they can sort of get over that fence. At 50%, they can no longer get over the fence,” Trump told US Steel employees at

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Crypto

Crypto-bro ‘kidnappers’ ordered $600 of sushi and left it outside

Accused kidnappers William Duplessie and John Woeltz lived a party-bro lifestyle at the Soho townhouse where they allegedly tortured an Italian tourist — sometimes ordering so much fancy food they didn’t even bother to bring it inside. “Will and John would order about $1,500, $2,000 in food every day, literally from the best restaurants. They would

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