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Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investors

Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced Thursday for his role in the 2022 collapse of FTX, once one of the world’s most popular platforms for trading digital currency.

MyPillow, owned by U.S. election denier Mike Lindell, formally evicted from Minnesota warehouse

A court ordered the eviction Wednesday of MyPillow from a suburban Minneapolis warehouse that it formerly used.

B.C. files unexplained wealth order after seizing gold, cash and jewelry from crypto co-founder

The British Columbia government has filed an unexplained wealth order in an effort to seize a quarter-million dollars in cash, as well as 45 gold bars and luxury jewelry from the operator of a fraudulent cryptocurrency exchange company.

Trump Media, Reddit surge despite questionable profit prospects, taking on the ‘meme stock’ mantle

Reddit and Trump Media are the first notable social media companies to begin trading publicly in the last five years. They’re also, thanks to the rabid reception among investors coupled with the companies’ fuzzy profit outlooks, the latest meme stocks.

Johnson & Johnson can contest evidence linking its talc to cancer, U.S. judge rules

Johnson & Johnson will get a new chance to contest the scientific evidence linking talc to ovarian cancer, a federal judge ruled on Wednesday, potentially disrupting more than 53,000 lawsuits the company is now facing over its talc products.

U.K. says rules of origin deal with Canada probably won’t be extended

Britain said on Wednesday that post-Brexit trade arrangements with Canada that enable its carmakers to avoid high tariffs there were likely to expire next week, marking the latest deterioration in trade ties between the historic allies.

S&P/TSX composite up nearly 200 points Wednesday, U.S. markets also rise

Canada’s main stock index gained almost 200 points Wednesday on broad-based strength led by base metals and industrials, while U.S. markets also rose.

South Carolina has US$1.8 billion but doesn’t know where the money came from or where it should go

South Carolina has collected about US$1.8 billion in a bank account over the past decade and state and private accountants are still trying to figure out where the cash came from and where it was supposed to go.

Two northern Ont. gold mines to merge, creating one of Canada’s largest

Two northern Ontario gold mines are planning to become one creating “one of the largest and lowest cost gold mines in Canada” and saving US$515 million over the life of the operations.

Settlement reached in lawsuit between Florida Gov. Ron DeSantis allies and Disney

Allies of Florida Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday in a lawsuit over who controls Walt Disney World’s governing district.