Secretary-General of the Arab League Ahmed Aboul Gheit has condemned Israel’s move to approve the construction of around 2,000 new housing units in the settlements of the occupied West Bank. In comments released on Thursday, Aboul Gheit noted that the resumption of illegal settlement activity comes despite the Israeli government’s claims that it is seeking peace in the region. The approvals remain a formidable obstacle to the implementation of a two-state solution to the conflict between Israel and the Palestinians, he said. “[The] Netanyahu government’s insistence on moving forward with settlement activity to satisfy the extreme right wing reflects its rejection […]
Settlement
22 posts
It was the most expensive divorce battle ever seen on British shores, likened to epic Hollywood movie The War of the Roses about a feuding couple starring Kathleen Turner and Michael Douglas. But now it turns out that, for Tatiana Akhmedova, winning a record £453 million ($590 million) settlement in London’s High Court against her husband, Russian oligarch Farkhad Akhmedov, in 2016, may have been the easy bit. Collecting the cash is turning out to be an altogether trickier proposition, not helped by her husband’s peripatetic existence. Akhmedov, 65, has simply refused to pay up, meaning that all Akhmedova has managed […]
MOSCOW (Sputnik) – It is necessary to move from words to deeds in the Korean settlement, Russian Foreign Minister Sergey Lavrov said. Lavrov said Russia had invariably advocated the continuation of the joint negotiation process to resolve the entire set of problems on the Korean Peninsula, including nuclear. The minister said Moscow had supported the efforts of Pyongyang, Seoul and Washington to normalise inter-Korean and US-North Korean relations, and assisted partners in their constructive endeavours. In 2017, Russia and China presented a road map for the Korean settlement. “At the same time, it is important to move from words to deeds, to […]
SoluTech, a defunct blockchain firm whose initial coin offering (ICO) raised $2.4 million, has settled fraud and securities violations charges with the U.S Securities and Exchange Commission (SEC). The SEC slapped SoluTech and its co-founder, 24 year-old Nathan Pitruzzello with fines and a cease-and-desist order for conducting its unregistered 2018-2019 ICO of the SCRL token in an administrative filing published Friday. Source link
The payments processor facilitated millions of dollars of PlexCoin investments before shuttering accounts in September 2017. Source link
Flint Water Crisis Continues Despite Settlement By Kim Brown, The Real News. September 20, 2020 Flint Water Crisis Continues Despite Settlement2020-09-202020-09-20https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/09/flint-e1600622266389.jpg200px200px Above photo: NurPhoto/Getty Images. In 2014, the water source of the city of Flint, Michigan, was switched from Lake Huron to the untreated and polluted Flint River, tainting the city’s water supply and setting off a chain of events that led to at least 12 deaths from Legionnaires disease, as well as miscarriages, brain and developmental damage to children, and lead poisoning for the 100,000 residents of Flint. In late August, the state of Michigan offered a $600 million settlement […]
The U.S. Securities and Exchange Commission (SEC) settled unregistered securities offering charges against online gaming and gambling platform Unikrn for conducting an initial coin offering (ICO) in 2017. Commissioner Hester M. Peirce, an outspoken advocate for cryptocurrencies, dissented. According to a press release Tuesday, the SEC alleged that between June and October 2017, Unikrn Inc. raised approximately $31 million through the UnikoinGold (UKG) token sale in violation of registration requirements. The SEC’s press release said that while the firm promised to use its funds to add more features to the platform and develop additional applications, it failed to register the sale […]
Police move in on demonstrators in Lafayette Square near the White House with tear gas and smoke on June 1. U.S. Park Police made announcements asking protesters to leave, but few people appeared to hear them. Jose Luis Magana/AFP via Getty Images hide caption toggle caption Jose Luis Magana/AFP via Getty Images Police move in on demonstrators in Lafayette Square near the White House with tear gas and smoke on June 1. U.S. Park Police made announcements asking protesters to leave, but few people appeared to hear them. Jose Luis Magana/AFP via Getty Images Federal police officers who cleared a crowded […]
WASHINGTON (Sputnik) – The US Department of Justice said in a news release that it has reached another settlement worth $60 million on assets held by Riza Aziz, the Malaysian-born producer of The Wolf of Wall Street movie, in the embezzlement case involving Malaysia’s 1MDB sovereign fund. “The Department of Justice has reached a settlement of its civil forfeiture cases against assets acquired by Riza Aziz utilizing funds allegedly embezzled from 1Malaysia Development Berhad (1MDB). These assets are estimated to be worth more than $60 million”, the release said on Wednesday. The United States will have recovered or assisted in the […]
A U.S. lawsuit that alleged the Tezos ICO was an unregistered securities sale has been settled for $25 million. Source link
BENGHAZI (Sputnik) – Libyan tribes have been invited to participate in the political process on the Libyan crisis settlement by the United Nations, Senussi al-Haleeq, the deputy chairman of the Supreme Council of Libyan Sheikhs and Elders, which supports the Libyan National Army, said on Saturday. “We received an invitation from the parliament in Tobruk, as well as an official request from the UN for the participation [in the political proces] of representatives of tribes, including me”, al-Haleeq said, adding that tribes would be represented in negotiations. The deputy chairman also said that the exact date for the start of the […]
600 Million Dollar Settlement In Flint Water Case By Amanda Mills, Nation of Change. August 21, 2020 600 Million Dollar Settlement In Flint Water Case2020-08-212020-08-21https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/08/flintwaterplant2-e1598030129116.jpg200px200px “If money is how government expresses sorrow for its crimes — this is a big apology.” The state of Michigan has reached a settlement agreeing to pay $600 million to the victims of the Flint water crisis. Most of this money will be allocated to children in the city who were exposed to lead-contaminated water in their household pipes. The details of this settlement will be officially announced on Friday, but according to EcoWatch, it is expected […]
$16.5M Settlement Reached In Class-Action Lawsuit Over Mass Arrests August 19, 2020 $16.5M Settlement Reached In Class-Action Lawsuit Over Mass Arrests2020-08-192020-08-18https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/08/police-encircle-and-detain-a-crowd-of-protesters-in-toronto-on-sunday-june-27-2010.-by-chris-young-for-the-canadian-press.png200px200px Above photo: Police encircle and detain a crowd of protesters in Toronto, on Sunday June 27, 2010. Chris Young for The Canadian Press. Compensation for those arrested will be between $5,000 and $24,700. The settlement agreement of $16.5 million comes after 10 years of court proceedings and negotiations between the Toronto Police Services Board and representatives for about 1,100 people who were arrested during the summit. A $16.5-million settlement has been reached in a class-action lawsuit over mass arrests at the […]
Publicly traded brokerage firm Interactive Brokers has agreed to pay multi-million dollar penalties to the SEC, Finra and CFTC for failure to flag suspicious transactions and lapses in AML compliance. Source link
The community behind “secret contracts” is moving forward after months of delay. The Secret Network, an open source network that protects data for users of decentralized applications, known as “Secret Apps,” has started a token burn and is welcoming players such as Binance, Staked and Figment to its testnet of “secret contracts.” The network’s protocol lets decentralized applications use encrypted data without revealing it on a public blockchain, or even to nodes themselves, using smart contracts that use private data termed “secret contracts.” This is one of the main selling points of the Secret Network, a decentralized community that includes contributors […]
Facebook in January agreed to a historic $550 million settlement over its face-identifying technology. But now, the federal judge overseeing the case is refusing the accept the deal. Amr Alfiky/AP hide caption toggle caption Amr Alfiky/AP Facebook in January agreed to a historic $550 million settlement over its face-identifying technology. But now, the federal judge overseeing the case is refusing the accept the deal. Amr Alfiky/AP Next week, lawyers for Facebook will be back in court, trying to convince a judge they should be allowed to settle a class action lawsuit that accuses the company of violating users’ privacy. Facebook agreed […]
A federal New York judge has thrown out a proposed $18.9 million settlement between convicted rapist and former movie producer Harvey Weinstein, and several women. U.S. District Judge Alvin Hellerstein said the offer failed to adequately compensate many of the victims who allege they were sexually assaulted or raped by Weinstein. He also faulted the money included in the settlement that would help pay Weinstein’s legal bills. In a telephone hearing, Hellerstein said it was unfair to include women who’d merely met Weinstein with those making more grievous charges, Reuters reported. “Not every woman was captured in the same way,” Hellerstein […]
Several women who were sexually harassed and assaulted by Harvey Weinstein have been awarded $19 million as part of a class-action lawsuit aided by the New York Attorney General, officials said Tuesday. The payout, which still needs to be approved by the bankruptcy and district courts, are part of an attempt to resolve two lawsuits. The first, a 2018 lawsuit filed by the Office of the Attorney General against the Weinstein Company, was first reported by The Daily Beast. It alleged the 68-year-old movie mogul maintained a hostile work environment. The second was a class-action lawsuit brought on behalf of women […]
The Australian Securities Exchange (ASX) has come under pressure to further postpone the launch of a blockchain replacement for its decades-old settlement and clearing system. One of the main share registry companies in Australia, Computershare, told the Financial Times (FT) on June 25 that it was seeking a two-year delay to the implementation of the ASX’s new blockchain-based system because the new project “lacked clarity.” The Clearing House Electronic Subregister System, or CHESS, is the existing infrastructure responsible for clearing and settlements of trades and transactions on the ASX’s network. The stock exchange is planning to overhaul the current system with […]
BitClave, a California startup whose Ethereum-based search engine raised $25.5 million in a 2017 token sale, will pay back its 9,500 investors in a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement ended BitClave’s court saga almost as soon as it began. Prosecutors with the SEC announced their charges Thursday in tandem with an order that called BitClave’s Consumer Activity Token (CAT) sale an unregistered initial coin offering (ICO). BitClave neither admitted nor denied that it broke the law when it sold CAT in 2017. In exchange, the “blockchain services firm” will return all $25.5 million to the […]
Facebook will pay $52 million to thousands of contract workers who viewed and removed graphic and disturbing posts on the social media platform, lawyers for the company said in a new legal filing. Ben Margot/AP hide caption toggle caption Ben Margot/AP Facebook will pay $52 million to thousands of contract workers who viewed and removed graphic and disturbing posts on the social media platform, lawyers for the company said in a new legal filing. Ben Margot/AP Facebook will pay $52 million to thousands of current and former contract workers who viewed and removed graphic and disturbing posts on the social media […]
HDBank has signed up to a blockchain network from Contour with the aim of bringing trade finance into the digital realm. The Vietnam-based bank is the latest financial institution to join Contour’s network with a view to streamlining the issuance of letters of credit with the use of a blockchain and smart contracts, local media reported on Tuesday. Contour is a blockchain trade platform built on R3’s Corda tech and designed to streamline transaction settlement processes. It rebranded from Voltron in late January 2020, naming R3’s Asia chief Carl Wegner as CEO in the run-up to a full commercial launch of […]