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US Court Hands Crypto Mixer Operator 3-Year Jail Term – Details – Bitcoinist

In an interesting development, a US court has sentenced an Ohio crypto mixer operator to prison. The development comes amid aggressive enforcement action by U.S. prosecutors as crypto mixers reportedly play a role in facilitating money laundering, hacking, and other illegal activities. Helix founder sentenced to 3 years in prison, over $700 million forfeited in […]

MTA operator stabbed in Brooklyn subway by transit recidivist

An MTA subway operator is “fighting for his life” after being stabbed multiple times by a repeat traffic offender in Brooklyn Tuesday morning, union officials announced. Mylan Pollack, 60, a soon-to-be retiree, was stabbed in the stomach and leg just before 11 a.m. during an argument with a man who refused to get off the […]

Largest Ski Resort Operator In World Announces Mass Layoffs Ahead Of Winter

The world's largest mountain resort operator said Thursday it will eliminate some positions to cut costs even as ski season approaches. Vail Resorts plans to lay off less than 2 percent of its workforce as part of a two-year plan, one company said. news release. The expected job cuts will include “14 percent of internal […]

‘American Classic’ Motel 6 Being Sold to Overseas Operator for $525 Million

Motel 6, the iconic California brand, is being sold to an international hotel operator in a multi-billion-cash deal. Associated Press (AP) Reported On Saturday, the hotel chain announced that it would be “acquired by the parent company of India-based hotel operator Oyo.” The investment firm known as Blackstone said Friday that the deal is worth […]

DOJ sues operator of vessel that destroyed Baltimore Key Bridge

The Department of Justice on Tuesday filed a $100 million lawsuit against the owners and operators of the Dali ship that crashed into Baltimore's Francis Scott Key Bridge, causing the bridge to subsequently collapse. The civil lawsuit, filed in the U.S. District Court for the District of Maryland, targets Singaporean companies Grace Ocean Pvt. Ltd. […]