NRI awarded $1.2 million in compensation over defamation in fake news articles
Canada, August 24: An Indo-Canadian businessman, who is originally from Bhuj, Gujarat, has been awarded $1.2 million (Rs 8.4 crore approximately) in damages after he was defamed in a series of fake news articles instigated by a prominent American blockchain investor.
It is one of the biggest compensations of its kind in Canada.
Vancouver-based Altaf Nazerali had sued Patrick Byrne, CEO of online retailer Overstock.com, for a campaign of lies aimed to tarnish the reputation of the NRI businessman.
Last week, the Supreme Court of Canada rejected Byrne’s appeal against $1.2 million granted to the NRI businessman by the Supreme Court of British Columbia in 2016.
The huge compensation for Nazerali comes after a seven-year legal battle to clear his name after a series of articles published in 2011, on an American website DeepCapture.com tried to depict the NRI businessman as a drug trafficker, arms dealer and gangster and a financial supporter of al-Qaeda. The articles tried to show that he had links to Russian and Italian mafias.
The articles were written by Mark Mitchell and published on the website - owned and published by Byrne- which reports on criminal financial conspiracies.
In its 2016 judgment in favour of the NRI business, Justice Kenneth Affleck of Vancouver-based British Columbia Supreme Court had said: “Mitchell, Byrne and Deep Capture LLC engaged in a calculated and ruthless campaign to inflict as much damage on Nazerali’s reputation as they could achieve.
“It is clear on the evidence that their intention was to conduct a vendetta in which the truth about Nazerali himself was of no consequence.”
The American blockchain investor challenged the judgment in the Supreme Court of Canada which last week threw it out.
Courtesy: www.hindustantimes.com
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US rules out use of nuclear weapons against Iran
Washington DC: The White House has reportedly ruled out the use of nuclear weapons against Iran, even as uncertainty continues over ongoing peace negotiations and a deadline set by US President Donald Trump approaches.
Issues bout a possible escalation had increased after US Vice President JD Vance said that the United States has “tools in our toolkit that we so far haven’t decided to use” in dealing with Iran.
His remarks came amid rising tensions and ahead of a deadline linked to peace efforts.
The situation has attracted attention as Trump warned Iran that its “whole civilization will die tonight tonight” if an agreement is not reached by Tuesday at 8 pm.
This statement led to speculation about the possibility of extreme military measures, including a nuclear strike.
Following Vance’s comments, the White House issued a clarification distancing itself from such interpretations. In a post on X, it said, "Literally nothing @VP said here 'implies' this, you absolute buffoons." In a later statement, it added that “only the president knows” what action will be taken regarding Iran.
Literally nothing @VP said here "implies" this, you absolute buffoons https://t.co/7JU3wXMaWX
— Rapid Response 47 (@RapidResponse47) April 7, 2026
