Business

US orders FTX, Alameda to pay $12.7 bn to victims

Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.

Business

US defends law forcing sale of TikTok app

TikTok's collection of user data makes it a national security threat, the US Justice Department said Friday in response to a civil suit by the Chinese-owned firm aimed at preventing the forced sale of the app.

Judge

A judge, or arbiter of justice, is a lead official who presides over a court of law, either alone or as part of a panel of judges. The powers, functions, method of appointment, discipline, and training of judges vary widely across different jurisdictions. The judge is like an umpire in a game and conducts the trial impartially and in an open court. The judge hears all the witnesses and any other evidence presented by the parties of the case, assesses the credibility of the parties, and then issues a ruling on the matter at hand based on his or her interpretation of the law and his or her own personal judgement. In some jurisdictions, the judge's powers may be shared with a jury, although this practice is starting to be phased put in some regions.

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