Tag

Black Market

All articles tagged with #black market

business15 days ago•37 min saved

Lilly targets six entities in legal bid to curb retatrutide black-market

Eli Lilly filed six lawsuits to crack down on a growing black‑market for retatrutide, an experimental obesity drug not yet approved by the FDA. The company says online merchants, clinics, compounders and foreign sellers are offering untested versions of retatrutide, which could be fake, impure or mis‑dosed. Lilly has referred more than 200 entities to regulators and flagged over 14,000 listings across 100 countries as it prepares for a potential FDA filing next year.

via BioPharma Dive|

#black-market #business #lawsuits

business16 days ago•2 min saved

Lilly Takes Legal Aim at Black-Market Retatrutide Sellers

Eli Lilly filed six lawsuits against U.S. firms accused of illegally selling unapproved retatrutide, a GLP-1 obesity drug still in Phase 3 trials, targeting compounding pharmacies, medical spas and online sellers marketing unverified products while urging tougher platform and regulatory action, citing FDA warnings and CBP seizure data.

via CNBC|

#black-market #business #glp-1

politics25 days ago•1 min saved

Texas THC crackdown could boost cartel-backed black market, warns lawmaker

Democratic state Rep. James Talarico warned that Texas’s enforcement of the ban on most synthetically derived hemp THC products, including delta-8, could push consumers to the black market and benefit drug cartels. The move follows a Texas Supreme Court ruling; possession of banned THC products can be charged as a state jail felony, and Paxton’s campaign did not respond to requests for comment.

via USA Today|

#black-market #cartels #delta-8

sports2 months ago•9 min saved

Infantino defends World Cup pricing as USA co-hosts loom

FIFA president Gianni Infantino defended ticket prices at a pre-World Cup news conference, saying revenue is reinvested in football and warning that lowering prices could fuel black-market sales; he also addressed the USA as co-host, security/visa issues, and Iran’s participation, stressing ongoing efforts to resolve challenges.

via BBC|

#black-market #fifa #infantino

world7 months ago•5 min saved

Donbas under Moscow’s grip: a militarized, profit-laden occupation

Russia’s occupation of Donbas is expanding into a militarized economy built on corruption and illicit markets: a reported scheme where a widow profits from a soldier’s death, a thriving black market for drugs and stolen arms flourishes among troops, and Moscow-backed “sponsor” regions fund reconstruction while resources dwindle and water systems fail. Analysts say the aim is to convert Donbas into a vast military base to frighten Europe, with officials tightening control and corruption widening as the region’s economy is militarised.

via Al Jazeera|

#black-market #corruption #donbas

world8 months ago•3 min saved

Iraq's Legalization of Child Marriage Sparks Surge in Baghdad Bridal Market

Iraq has legalized child marriage under the Ja'fari law, leading to a surge in bridal markets and black market sales of young girls, with human rights organizations warning of exploitation and abuse, including underage girls being sold and married without consent.

via Yahoo|

#black-market #child-marriage #human-rights

health8 months ago•2 min saved

Risks of Black Market GLP-3 Drug Injections

Some individuals are using unapproved 'GLP-3' drugs like retatrutide from the black market for dramatic weight loss, risking unknown side effects and contamination, as these drugs are still in clinical trials and not FDA-approved, highlighting concerns over safety and regulation.

via Futurism|

#black-market #drug-safety #glp-3

technology9 months ago•6 min saved

AI Training Growth Sparks Rise in Scams

A shadow market for illicit sale of verified AI training accounts has emerged on social media platforms like Facebook, WhatsApp, and Telegram, driven by the high demand for data labeling work in AI development. Despite company bans and safeguards, scammers and opportunists are selling fake or real accounts, risking scams and data leaks for buyers and sellers. Companies like Scale AI and Surge AI are actively fighting fraud, but the underground industry continues to evolve, highlighting the challenges in securing AI training data.

via Business Insider|

#ai-training-accounts #black-market #data-labeling

world10 months ago•3 min saved

Louvre Heist: Stolen Jewels and the Challenges of Selling Them

Thieves stole priceless jewelry from the Louvre, including a tiara and sapphire necklace, valued at around $102 million, but experts believe selling the pieces intact or unaltered will be difficult due to their unique properties and the high likelihood of detection, making the black market sale highly risky and unprofitable.

via CBS News|

#black-market #crime-investigation #jewelry-valuation

health-and-wellness1 year ago•16 min saved

Eli Lilly's Retatrutide: A Breakthrough in Weight Loss and Health

Retatrutide, an experimental weight-loss drug developed by Eli Lilly, is gaining popularity among fitness enthusiasts and bodybuilders through unofficial online channels before its official FDA approval, raising concerns about safety, regulation, and the unregulated market for research chemicals.

via Business Insider|

#black-market #bodybuilding #glp-1-drugs

world1 year ago•2 min saved

Cash Shortage and Black Market Worsen Gaza's Hunger Crisis

Gaza faces a severe food and cash crisis, with shortages of money due to destroyed banks and restrictions on cash inflows, leading to high prices, black market currency exchange, and people selling belongings or paying high commissions to access funds.

via The New York Times|

#black-market #cash-shortage #food-crisis

world1 year ago•2 min saved

Thieves Steal $7K Worth of Labubu Dolls in LA

Thieves stole thousands of dollars worth of Labubu dolls from a Los Angeles store, targeting the popular plush toys amid rising demand and celebrity endorsements, with the incident under investigation by local authorities.

via The Guardian|

#black-market #labubu-dolls #los-angeles

business1 year ago•4 min saved

Nvidia Chips and US-China Tensions: A Growing Trade Challenge

An estimated $1 billion worth of Nvidia's high-end AI processors have reportedly been smuggled into China, bypassing US export restrictions, highlighting challenges in controlling the global flow of advanced semiconductor technology. The chips, including the B200 series, are sold through China's black market and used by major US cloud providers, despite official bans. Nvidia has not confirmed the sales but denies involvement in illicit activities. The situation underscores ongoing tensions in US-China tech relations and the complexities of global semiconductor supply chains.

via theregister.com|

#ai-chips #black-market #business

world1 year ago•4 min saved

'Tiger King' Star 'Doc' Antle Sentenced to One Year in Prison for Animal Trafficking

'Doc' Antle, known from 'Tiger King,' was sentenced to one year and one day in prison and fined $55,000 for federal animal trafficking and money laundering related to illegal trade of endangered exotic animals, with his legal issues stemming from black market dealings and illegal sales over a decade.

via NBC News|

#animal-trafficking #black-market #exotic-animals

world-news1 year ago•4 min saved

Escalating Tensions in Gaza: Aid Looting Sparks Violence and Price Surge

Hamas-linked security forces in Gaza have intensified a crackdown on aid theft and black market profiteering by shooting suspected profiteers in the legs. This violent response comes amid a severe shortage of aid and skyrocketing prices in the enclave, exacerbated by Israeli military actions that have dismantled local law enforcement. Despite efforts to impose price caps and regulate goods, the crisis persists, with many goods sold at inflated prices. The reactivation of a special operations unit, "Sehem," aims to curb the rampant theft and profiteering.

via Financial Times|

#aid-theft #black-market #gaza