World Liberty Financial says stablecoin success refutes Trump cronyism charge

The CEO of Trump-linked World Liberty Financial said the company offers real utility and operates independently of political influence, refuting allegations of potential conflicts of interest. The crypto venture, launched in 2024 by President Donald Trump, his sons and associates, operates the USD1 stablecoin and recently received conditional approval for a national trust-bank charter, allowing…

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Judge rejects Ghislaine Maxwell’s bid to toss conviction and warns against further appeals

A judge rejected Ghislaine Maxwell’s bid ​to throw out her conviction ‌and 20-year prison sentence for helping the late financier Jeffrey Epstein sexually abuse teenage girls. In ​a decision made public on ​Tuesday, U.S. District Judge Paul Engelmayer ⁠said Maxwell’s claims were all ​meritless, and all or almost all were ​frivolous. Maxwell, 64, who represented…

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The future of supercars is combustion engines

Bugatti CEO Mate Rimac said the supercar market is entering its “Swiss watch phase,” with the wealthiest buyers rejecting high-tech electronics and electric vehicles in favor of precision mechanics and hand-crafted details. Rimac, the 38-year-old EV entrepreneur who took over Bugatti in 2021, said the car market is splitting in two: The mainstream global car…

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