Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering

SEATTLE (AP) — Changpeng Zhao, founder of the world's largest cryptocurrency exchange, was sentenced Tuesday to four months in prison for looking the other way as criminals used the platform to move money connected to child sex abuse, drug trafficking and terrorism. U.S. District...

Ex-Binance CEO Changpeng Zhao sentenced to four months for allowing money laundering on largest crypto exchange

Panama's leading presidential candidate is a late entry promising a return to better times

PANAMA CITY (AP) — The leading candidate to be Panama’s next president is a last-minute stand-in who promises to return the Central American country to a boom time that experts say will be difficult to recapture. José Raúl Mulino, a maritime lawyer and former security minister,...

A trial is underway for the Panama Papers, a case that changed the country's financial rules

PANAMA CITY (AP) — Eight years after 11 million leaked secret financial documents revealed how some of the world’s richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged roles. The repercussions of the leaks were far-ranging,...

Former high-ranking Democratic legislator in New Mexico pleads not guilty in federal fraud case

ALBUQUERQUE, N.M. (AP) — A former high-ranking Democratic legislator in New Mexico has pleaded not guilty to numerous federal charges stemming from a corruption investigation into allegations that millions of dollars meant for educational programs in the state's largest school district were...

From overcapacity to TikTok, the issues covered during Janet Yellen's trip to China

BEIJING (AP) — U.S. Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries. Here's a look at what she tried to accomplish, what was achieved, and where things stand for the world's two...

'Panama Papers' trial starts. 27 people charged in the worldwide money laundering case

PANAMA CITY (AP) — The trial of 27 people charged in connection with the worldwide “Panama Papers” money laundering started Monday in a Panamanian criminal court. Those on trial include the owners of the Mossack-Fonseca law firm that was at the heart of the 2016 massive...

New US-China talks will address a top American complaint about Beijing's economic model, Yellen says

GUANGZHOU, China (AP) — U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing's economic model and trade practices put American companies and workers at an unfair competitive disadvantage. ...

Nigeria seeks to try crypto exchange Binance executives over alleged money laundering, tax evasion

ABUJA, Nigeria (AP) — Nigerian authorities asked in court Thursday for cryptocurrency exchange Binance and two of its executives to be tried for alleged money laundering and tax evasion, the first legal step following weeks of a criminal investigation into the trading platform. ...

US treasury secretary is in China to talk trade, anti-money laundering and Chinese 'overproduction'

GUANGZHOU, China (AP) — Treasury Secretary Janet Yellen arrived in China on Thursday for five days of meetings in a nation determined to avoid open conflict with the United States, yet the world's two largest economies still appear to be hashing out the rules on how to compete against each other....