Additionally, the jury ruled that Alex must pay the plaintiff’s legal expenses.Īlex and his businesses have been ordered to pay more than $1 billion in damages across the two verdicts. 'We will soon start issuing them notices,' traffic police chief BR Ravikanthe Gowda was quoted as saying by Deccan Herald.Jones allegedly utilized such claims to attract traffic to his website and the sales of his products, according to the Connecticut jury. Bengaluru cops to keep an eye out for speeding delivery workers Traffic police in Bengaluru will not ignore road violations by delivery workers who are racing to hand over packages in ten minutes or less. But the experts tasked with recovering the stolen crypto allegedly turned around and pocketed 1,137 bitcoins for themselves, according to a Hindustan Times report. Interestingly, the case involves two cyber experts who were roped in by the city police to assist in another probe of a ₹2,000 crore cryptocurrency scam. It outlined a few of these steps as holding 'governance trainings for founders and senior management, implementation of whistleblower policies, more independent board representation, asking for more disclosures and more rigorous adoption of internal audits and controls.' ED ramps up probe into Pune bitcoin fraud case As part of its investigation of a ₹6 crore bitcoin fraud case, Enforcement Directorate (ED) officials sought information from the office of Pune’s Commissioner of Police (CP). Sequoia Capital addresses fraud allegations against portfolio startups At a time when three of its portfolio startups (Trell, BharatPe, and recently Zilingo) are mired in embezzlement accusations, VC firm Sequoia Capital India has responded by vowing to take proactive steps to do more to drive increased compliance, TechCrunch reported.

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