Category: Claims
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BlockFi nears final distribution after selling FTX claims
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BlockFi has announced the sale of FTX claims, enabling the near-final distribution of 100% of all permitted customer and unsecured creditor claims. BlockFi’s plan administrator has announced the sale of FTX’s claims, paving the way for full recovery for clients and creditors. In a press release shared with crypto.news, BlockFi’s…
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Microsoft to pay $14.4M to resolve leave discrimination claims in California (NASDAQ:MSFT)
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The California Department of Civil Rights has reached a $14.4 million settlement with Microsoft (NASDAQ:MSFT) to resolve allegations of discrimination in compensation related to the use of leave protected under state and federal civil rights laws, the agency said Wednesday. In a complaint filed By the agency against Microsoft (Microsoft),…
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Microsoft to pay $14.4M to resolve leave discrimination claims in California (NASDAQ:MSFT)
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The California Department of Civil Rights has reached a $14.4 million settlement with Microsoft (NASDAQ:MSFT) to resolve allegations of discrimination in compensation related to the use of leave protected under state and federal civil rights laws, the agency said Wednesday. In a complaint filed By the agency against Microsoft (Microsoft),…
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Polkadot Rocked By Explosive Claims Of Discrimination From Manta Network Co-Founder
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In a growing storm of controversy, the Polkadot blockchain platform is now facing accusations of discrimination and toxicity within its ecosystem, as well as concerns about an impending Funding crisis To her closet. Polkadot Criticized for Neglecting Asian Developers The co-founder of the decentralized Manta Network, Victor Ji, recently took…
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U.S. Final Q1 GDP, Durable Goods Orders, And Initial Jobless Claims Reports Showed Weaknesses
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The final reading for Uncle Sam’s growth in the first quarter of 2024 came in at 1.4%, higher than the second estimate of 1.3% but still below the advanced reading of 1.6%. Data from the Bureau of Economic Analysis indicate that weakness in primary metals (for durable goods manufacturing) and…
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U.S. Final Q1 GDP, Durable Goods Orders, And Initial Jobless Claims Reports Showed Weaknesses
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The final reading for Uncle Sam’s growth in the first quarter of 2024 came in at 1.4%, higher than the second estimate of 1.3% but still below the advanced reading of 1.6%. Data from the Bureau of Economic Analysis indicate that weakness in primary metals (for durable goods manufacturing) and…
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Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims
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The price of XRP, RippleNet’s native token, has been caught in the crosshairs of a bearish cryptocurrency market. It is currently trading below the crucial $0.50 mark, XRP It appears to be following the broader market trend. However, recent analysis by market analyst Tylie Eric sheds a ray of hope…
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Storm over Sh200bn Treasury budget cuts amid blackmail claims
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Treasury Minister Njuguna Ndongo on Thursday sparked a storm in Parliament over his warning of Sh200 billion in budget cuts if MPs scrapped a handful of tax increases proposed in the Finance Bill, with lawmakers accusing him of blackmail. The threat of budget cuts came before the Finance Bill was…
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Storm over Sh200bn Treasury budget cuts amid blackmail claims
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Treasury Minister Njuguna Ndongo on Thursday sparked a storm in Parliament over his warning of Sh200 billion in budget cuts if MPs scrapped a handful of tax increases proposed in the Finance Bill, with lawmakers accusing him of blackmail. The threat of budget cuts came before the Finance Bill was…
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Ex-Convict Claims He Created Donald Trump-Themed DJT: ZachXBT
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Ex-con Martin Shkreli, who spent several years in prison for financial fraud, recently jumped into the X space and publicly announced his role in creating the new Donald Trump-themed DJT token. This comes after questions continued to arise about the authenticity of the token and accusations of insider trading. The…
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Ex-Convict Claims He Created Donald Trump-Themed DJT: ZachXBT
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Ex-con Martin Shkreli, who spent several years in prison for financial fraud, recently jumped into the X space and publicly announced his role in creating the new Donald Trump-themed DJT token. This comes after questions continued to arise about the authenticity of the token and accusations of insider trading. The…
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Insurance firms swamped by surge in floods damage claims
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Widespread flooding that hit Kenya in March and April left insurers struggling to meet claims worth Sh3.1 billion, as the effects of climate change became a major risk to insurers. Latest data from the Insurance Regulatory Authority (IRA) indicates that insurance companies settled Sh147.3 million or less than 5.0 percent…
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Equiti Claims Victory at 2024 Mini-Football Tournament in Limassol
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The much-awaited FXCubic Mini-Football Tournament 2024 took place today (Friday) in Limassol. This exciting soccer sensation, organized by the fintech specialist FXCubic, brought together top FX industry brands, including brokers and technology providers, for an evening of fierce but friendly competition, complete with music, food, and drinks. Dedicated Forex cloud…
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Thousands of Amazon Flex drivers file arbitration claims for misclassification as contractors By Reuters
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(Reuters) – Thousands of Amazon.com (NASDAQ:) Flex (NASDAQ:) drivers filed arbitration claims on Tuesday, alleging they were misclassified as independent contractors rather than employees, the lawyer representing the drivers told Reuters. About 15,800 drivers have filed arbitration claims with the American Arbitration Association, seeking compensation from Amazon for unpaid wages,…
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Amazon drivers file 15,000 claims alleging they were shorted on pay
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Thousands of delivery drivers have filed legal claims against them Amazon on Tuesday, alleging that the company’s classification of them as independent contractors rather than employees resulted in unpaid wages and other financial losses. About 15,860 Amazon Flex drivers have filed arbitration claims with the American Arbitration Association, where 453…
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Walgreens-backed CityMD settles COVID fraud claims (NASDAQ:WBA)
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Justin Sullivan/Getty Images News walgreens (Nasdaq: WBAThe U.S. Department of Justice (DoJ) announced that subsidized urgent care provider CityMD has agreed to pay more than $12 million to resolve allegations that the company falsely claimed government payments related to coronavirus (COVID-19) tests during the pandemic. Settlement follows An investigation into…
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Donald Trump Claims Title Of ‘Crypto President’ In Fundraiser With Key Players
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During a fundraiser in San Francisco hosted by tech venture capitalists David Sachs and Chamath Palihapitiya, former President Donald Trump presented himself as a champion of cryptocurrencies and criticized Democratic Party policies. Organizational efforts In this sector. Donald Trump raises $12 million in his race for the White House According…
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Donald Trump Claims Title Of ‘Crypto President’ In Fundraiser With Key Players
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During a fundraiser in San Francisco hosted by tech venture capitalists David Sachs and Chamath Palihapitiya, former President Donald Trump presented himself as a champion of cryptocurrencies and criticized Democratic Party policies. Organizational efforts In this sector. Donald Trump raises $12 million in his race for the White House According…
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Tourist Tax Diverts Wealthy Visitors from London to Paris and Milan, Claims Cadogan Estates Boss
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The UK’s “tourist tax” is driving wealthy international visitors away from London to destinations such as France, Italy and Spain, according to Hugh Seaborn, chief executive of Cadogan Estates, one of London’s largest landowners. Seaborn, whose company owns 90 acres of prime land in Chelsea, including Sloane Street and King’s…
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Frax Finance Founder Claims Inside Job at X Resulted in Account Hack
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Sam Kazemian, founder of Frax Finance, claimed that an internal function at Company X was responsible for the hacking of the project’s official account. The hack, which occurred on June 1, resulted in the decentralized stablecoin protocol behind FRAX USD losing access to its X account. Frax Financial Hack In…