The Trump administration extended the deadline for the owners of TikTok to sell their asset until June 19 just one day before the previous extension was set to take effect. While there’s a bit more breathing room for a deal to be made, the clock is still ticking for a U.S.-based person, group, or company … Read more
Mar 22, 2025Ravie LakshmananFinancial Security / Cryptocurrency The U.S. Treasury Department has announced that it’s removing sanctions against Tornado Cash, a cryptocurrency mixer service that has been accused of aiding the North Korea-linked Lazarus Group to launder their ill-gotten proceeds. “Based on the Administration’s review of the novel legal and policy issues raised by use … Read more
Kobie Flowers, partner at Brown, Goldstein & Levy, joined the speaking faculty at the American Bar Association 40th White Collar Crime Institute for the second year in a row. The four-day conference was hosted from March 4 to 7 at the Hyatt Regency in Miami, Florida. Partner Jacqui Cadman also joined Kobie as an attendee. … Read more
According to Redfin, the U.S. housing market is now worth a stone’s throw from $50 trillion: Depedning on the day, that puts the housing market roughly on par with the total value of the U.S. stock market. In the past decade alone the total value of the housing market has more than doubled (from $23 … Read more
Severe convective storms (SCS) are emerging as a major driver of U.S. property insurance costs, with large hail events alone damaging nearly 600,000 homes in 2024, according to an analysis by CoreLogic. SCS weather events, which include damaging hail, tornadoes, straight-line winds and derechos, are becoming a significant driver of insured natural disaster losses across … Read more