Jonathan Stempel
Stories by Jonathan Stempel
Berkshire to ramp up investments in Japanese trading houses
Berkshire's investments in the companies stood at $23.5 billion at the end of 2024.
KuCoin pleads guilty in US crypto case, agrees to pay nearly $300m
The plea includes a $112.9 million criminal fine and $184.5 million forfeiture.
Indian billionaire Gautam Adani charged in US with bribery, fraud
Adani and others allegedly agreed to pay $265m to officials to secure solar contracts.
Lawsuit accusing Elon Musk rigged dogecoin ends
Investors in the cryptocurrency had earlier said that Musk and Tesla committed fraud and insider trading.
SEC moves court against ruling to restrict its crypto oversight
It will ask the court to review a July 2023 decision related to XRP token sold by Ripple Labs.
SEC reaches $4.47b settlement with bankrupt crypto firm Terraform Labs
Investors lost an estimated $40b when the TerraUSD and Luna tokens collapsed in 2022.
US appeals court overturns SEC rule on oversight of private equity, hedge funds
The rule required fund managers to issue quarterly performance and fee reports and stop giving some investors preferential treatment.
US seeks 3 years imprisonment for Binance founder Zhao
Binance agreed to a $4.32-billion criminal penalty.
FTX founder Sam Bankman-Fried will not face a second trial
Prosecutors said the "strong public interest" in a prompt resolution of their case against SBF outweighed the benefits of a second trial.
US court says Alibaba must face lawsuit over sale of fake Squishmallows toys
Kelly Toys, whose parent Jazwares is owned by Berkshire Hathaway, alleged Alibaba knew the infringement.
