Trump pardons Binance founder: Changpeng Zhao accused of money laundering; crypto billionaire reacts

Changpeng Zhao, left, and US President Donald Trump US President Donald Trump on Thursday pardoned Binance founder Changpeng Zhao, who pleaded guilty of enabling money laundering while leading the cryptocurrency exchange.“President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency,”…

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Trump’s sanctions on Russian oil firms: Will India’s state-run refiners continue imports? Why experts see limited impact

India’s state-run oil refiners are expected to continue importing Russian crude through intermediary traders despite fresh US sanctions on Rosneft PJSC and Lukoil PJSC, two of Russia’s largest oil companies, industry sources told PTI. The sanctions target firms accused of helping fund the Kremlin’s “war machine” in Ukraine.The sanctions, announced this week, cover companies that…

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How OnlyFans beat Nvidia and Apple to become the world’s most revenue-efficient company | Business

OnlyFans has officially outpaced global tech titans to claim the title of the world’s most revenue-efficient company, according to data from financial and marketing analytics firm Barchart. The UK-based content subscription platform, best known for enabling creators from fitness trainers and musicians to adult performers to monetise exclusive content directly from fans, generates an astonishing…

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‘No basis in international law’: China slams US sanctions on Russian oil giants; hits out at EU for targeting Beijing firms

Chinese President Xi, left, and US President Donald Trump China on Thursday strongly criticised the latest US sanctions imposed on Russia’s two largest oil companies, Rosneft PJSC and Lukoil PJSC, calling the move “unilateral” and “lacking any basis in international law.“Addressing a daily press briefing in Beijing, foreign ministry spokesman Guo Jiakun said, “China consistently…

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