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‘Ba***ds of Bollywood is not a documentary on the Cordelia cruise incident’: Shah Rukh Khan-owned Red Chillies counters Sameer Wankhede’s defamation claim

A legal battle is underway between IRS officer Sameer Wankhede and Shah Rukh Khan’s production house Red Chillies Entertainment over the Netflix web series The Ba***ds of Bollywood, directed by Aryan Khan. Wankhede has filed a Rs 2 crores defamation suit at the Delhi High Court, claiming that the show’s portrayal of a government officer is a veiled depiction of him and has damaged his reputation, particularly in relation to the 2021 Cordelia Empress cruise drug case involving Aryan Khan. In response, Red Chillies Entertainment opposed Wankhede’s plea for an interim injunction to stop streaming the series. Senior advocate Neeraj Kishan Kaul, representing Red Chillies, argued that while the show draws inspiration from overzealous officers, it does not specifically depict or reference the Cordelia cruise incident. Kaul stressed, “Can satire and fiction co-exist? There is no law that it cannot co-exist. I may be partly inspired by real persons and stories yet there can be disclaimers, no problem with two existing together. Where is the ill-will or malice? This is about a success story in a Bollywood party.”He further argued, “We are not looking at people who are sensitive, hurt is not ground for malice. Can you pick a stray instance, a passage here or there? The series is about 20 different issues. We do not show a documentary on the Cordelia cruise incident. I am inspired by overzealous officers. That is far from saying that this is the Cordelia cruise story.”Kaul further claimed that Wankhede is fond of giving interviews to the media and said, “You cannot say that the person depicting ills in Bollywood cannot show overzealous officers. I cannot be responsible for what other people say. I am fully entitled to depict issues ailing Bollywood. Even if I am to project someone, a public official cannot be that thin-skinned,” on behalf of Red Chillies. Concluding his argument, Kaul said, “Even if I portray you unjustly it is still not the case. Every scene in this show is exaggerated. I am not ridiculing him or the emblem. I am talking about officials who have lofty ideas.”The next hearing is scheduled on November 27, 2025, where the court will hear arguments on behalf of Netflix. Also Read: Delhi HC flags bias in Aryan Khan’s The Ba***ds Of Bollywood as Sameer Wankhede accuses Netflix show of targeting him.

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Perkins sentenced for sexual abuse, incest

An Illinois man convicted earlier this year of sexually abusing a minor and incest in Spencer has been sentenced to 25 years in prison. Jamil A. Perkins, 53, of Robins, Illinois, was arrested in November 2024 and charged with one count of sexual abuse in the second degree, a Class B felony, and an additional Class D felony related to [.] The post Perkins sentenced for sexual abuse, incest first appeared on Enterprise Media.

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Coinbase Targets RWA, DeFi & AI As Key Investment Areas For 2026 ⋆ ZyCrypto

The post Coinbase Targets RWA, DeFi & AI As Key Investment Areas For 2026 ⋆ ZyCrypto appeared com. Crypto exchange Coinbase highlighted prominent sectors it plans to invest in next year. This follows a surge in retail adoption and institutional capital into stablecoins, infrastructure, and Artificial Intelligence (AI). Coinbase Backs Nine Market Sectors The venture capitalists’ arm of Coinbase is targeting nine areas for fresh investment throughout 2026. In a recent blog post, the exchange explains the need to answer the “what to build next” questions as more protocols begin to emerge. Coinbase Ventures is keen on tokenization and RWA, specialized exchanges, trading terminals, decentralized finance (DeFi) expansion, proof of humanity, AI and robotics, etc. This will expand adoption in these areas, reinforcing its bullish stance on the market’s future. This year, stablecoin growth attracted Coinbase, with analysts pointing to how its infrastructure reshaped payments. Speed and cross-border settlements were also at the center of mainstream adoption. A cross-section of investors is seeking new exposure in trading assets. Coinbase Ventures plans massive RWA scale to onboard exotic assets on-chain and to improve the trader base with cryptocurrencies. Tokenization highlights the recent traditional influx to the sector that has been avoided for more than a decade. Advertisement “With renewed interest in on-chain real-world assets (RWAs), investors are seeking new forms of exposure, and perpetuals, crypto’s most proven trading product, offer a structurally faster and more flexible path than tokenization. Enabled by recent improvements in perpetual DEX infrastructure, RWA perpetuals create synthetic exposure to off-chain assets through perpetual futures contracts.” Traditional investment poured into tokenization in recent months with fresh global partnerships. Several governments, including the United States, are currently developing regulatory frameworks, while others have advanced to pilot stage. Aside from tokenization, artificial intelligence is a top priority for both developers and executives. Markets are keen on integrating the tools needed for expansion.