Legal
DOJ Indicts Dream Market's 'Speedstepper' on 12 Counts
The alleged 'Speedstepper' bought $1.7M in gold bars with Dream Market crypto proceeds. Now he faces 12 federal counts at up to 20 years each.
Latest — Page 22
Deals
Bought for $500M, Intermex Faces NYC Regulatory Block
NYC Mayor Mamdani is asking regulators to kill Western Union's $500M Intermex buy, citing fee hikes that would hit immigrant families hardest.
Legal
Jho Low, Still Fugitive, Files 1MDB Pardon Bid
Jho Low, the 1MDB fugitive charged in the largest-ever FCPA case, petitioned DOJ for a pardon while his co-defendants serve prison time.
FDA
FDA Clears BeOne's Beqalzi as First BCL-2 for MCL
BeOne's Beqalzi won the first U.S. BCL-2 approval specifically for mantle cell lymphoma, with CLL giant Venclexta squarely in its sights.
Deals
FCC Clears AT&T, Starlink EchoStar Spectrum Deals
The FCC cleared EchoStar spectrum for AT&T and Starlink, leaving rural carriers to fight for secondary deals that may never materialize.
Legal
Foxconn Confirms Nitrogen Stole 8TB, 11M Files
Nitrogen ransomware claims 8TB and 11M documents stolen from Foxconn, with Apple, Nvidia, and Intel design files allegedly in the haul.
FDA
Ousted: Makary Exits FDA; Sanofi Pulls Tzield
Makary's ouster leaves FDA with three acting leaders as Sanofi pulls diabetes drug Tzield from his signature priority review program.
Deals
Isomorphic Closes $2.1B Series B, Second Biggest Biotech
Alphabet's Isomorphic Labs closed a $2.1B Series B, the second biggest biotech fundraise ever, with no pipeline molecule disclosed.
SEC
Caught: 140 Sham Deals Expose Telkom Indonesia to SEC, DOJ
Telkom Indonesia's 140 sham transactions have drawn both SEC and DOJ scrutiny, spanning revenue recognition, internal controls, and FCPA compliance.
AI
FCA Lets Barclays, Lloyds, UBS Run Agentic Payments Live
FCA's second AI Live Testing cohort puts agentic payments at Barclays, Lloyds and UBS under regulator watch. Mills Review reports this summer.
AI
SEC's 2026 Exam Question: Explain Your AI's Decision
SEC's 2026 priorities make AI explainability an exam item across advisers and broker-dealers. Black-box LLM compliance tools don't produce the trail.
AI
Brussels Slips AI Act High-Risk Rules 16 Months to Dec 2027
Brussels pushed AI Act high-risk rules to December 2027, lifting a 14-week cliff off credit-scoring and fraud teams. €15M penalty cap stays.
SEC
FinCEN's AML Overhaul Makes AI an Enforcement Factor
FinCEN's 7 April NPRM rewrites 25 years of AML rules. Buried in the fact sheet: AI use will weigh on how the Director sets fines.
SEC
Wood Group Fined £13M After Books Crashed 78%
FCA fined Wood Group £12.99M for accounting 'influenced by its desire to maintain prior results.' Shares had already cratered 78%.
Legal
Filed: SECURE Data Act Sets $25M Privacy Threshold
The SECURE Data Act would replace the state privacy patchwork with one federal standard for businesses above $25M revenue and 200,000 consumers.
