2 Indian brothers agree to settle charges in crypto insider trading scheme in US

Indian brothers Ishan and Nikhil Wahi, associated with the crypto exchange platform Coinbase, have agreed to settle charges that they engaged in insider trading through a scheme, the US Securities and Exchange Commission (SEC) announced Tuesday. The Wahi brothers were involved in insider trading through a scheme to trade ahead of multiple announcements regarding at least nine crypto asset securities that would be made available for trading on the Coinbase platform.

Indian American Sikh couple killed in Washington state after distracted driver rams into their car

An Indian American Sikh couple on their way to pick up their kids from a school bus stop died on the spot after being hit by a distracted driver in Kent, a suburb of Washington city, authorities said. Parminder Singh Bajwa and wife Harpreet Kaur died on the scene last week when their car was hit head-on by a distracted driver apparently reaching for his cell phone, the Washington State Patrol said.

President Biden, Speaker McCarthy key players in US averting monetary crisis

As Democrats worry if any default on interest payments by the US government on its securities would lead to a global monetary crisis plus a internal constitutional monetary crisis, the best financial brains of the White House and the legal department are at work to ensure it does not as they feel they can invoke the 14th Amendment as a saviour. In this context, President Joe Biden is scheduled to meet House Speaker Kevin McCarthy on May 9 to resolve the crisis as part of a general discussion on fiscal issues.