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FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao, alleging that $1.76 billion was fraudulently transferred during a share repurchase deal in 2021. The lawsuit claims that FTX and its sister company Alameda Research were insolvent at the time, making the transaction invalid.
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Following the recent elections, House Republicans are pushing legislation to restrict transgender individuals' access to bathrooms and other facilities. Newly elected Representative Sarah McBride, the first openly transgender member of Congress, is directly targeted by a resolution introduced by Rep. Nancy Mace. This has sparked significant backlash from Democrats and advocates.
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The U.S. Congress is facing a contentious debate over bathroom access for newly elected transgender Representative Sarah McBride. Speaker Mike Johnson and GOP Rep. Nancy Mace have introduced measures to restrict access to single-sex facilities based on biological sex, igniting discussions on transgender rights and dignity.
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Spines, a startup aiming to publish 8,000 books using AI, faces criticism from authors and publishers for its business model. Critics argue it undermines traditional publishing values, while Spines claims to streamline the process for authors. The controversy highlights tensions between innovation and quality in the publishing industry.
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On November 25, 2024, President Biden pardoned two turkeys named Peach and Blossom during a ceremony at the White House. This annual tradition marks the start of the holiday season and reflects on Biden's presidency as he prepares for the transition of power in January.
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Following the election of Sarah McBride, the first openly transgender member of Congress, House Republicans, led by Nancy Mace, have introduced a resolution banning transgender individuals from using bathrooms that align with their gender identity. This move has sparked significant backlash and debate over LGBTQ+ rights in the U.S.
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President Joe Biden has issued a pardon for his son, Hunter Biden, reversing previous statements against such action. The pardon covers federal crimes related to tax evasion and firearms charges, which Hunter faced sentencing for in December. Biden claims the prosecution was politically motivated and unfairly targeted his son due to his family ties.
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A Delaware judge has upheld a ruling voiding Elon Musk's $56 billion compensation package, citing undue influence over Tesla's board. Musk and Tesla plan to appeal, arguing that shareholders overwhelmingly approved the package. The ruling has sparked backlash from Musk supporters and analysts predicting a Supreme Court victory for Tesla.
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A Delaware judge has upheld a ruling that invalidates Elon Musk's $56 billion pay package, despite shareholder approval. The judge found that Musk's influence over Tesla's board compromised the integrity of the compensation plan. Tesla plans to appeal the decision, which raises questions about corporate governance and shareholder rights.