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Tag: Lawsuits

Orgs Face Major SEC Penalties for Failing to Disclose Breaches

Companies and their CISOs could be facing anywhere from hundreds of thousands to millions of dollars in fines and other penalties from the US...

Pro-XRP Attorney John Deaton Formally Launches Senate Bid To Unseat Crypto ‘Hater’ Elizabeth Warren

Advertisement &nbsp &nbsp John Deaton, a lawyer who has advocated for the crypto industry, announced...

Insulet Reports Full Year 2023 Revenue Increase of 30% (30% Constant Currency1) and Fourth Quarter 2023 Revenue Increase of 38% Year-Over-Year (37% Constant Currency)

Represents 8th Consecutive Year of 20% or More Constant Currency Revenue Growth ACTON, Mass.–(BUSINESS WIRE)–Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader...

The real story of the SEC’s suit against Kraken, and why Kraken is moving to dismiss the case

On the morning of May 10, 2023, Kraken testified about the SEC’s overreach in crypto before both the House Financial Services Committee and the...

Coinbase Backs Grayscale’s Ethereum ETF: ‘Virtually Identical’ to Bitcoin ETFs – Decrypt

Crypto exchange Coinbase has thrown its support behind Grayscale's application to offer a spot Ethereum exchange-traded fund (ETF) by converting its current Ethereum Trust...

OJK Conducts In-Depth Probe on Investree Following CEO’s Misconduct Allegations – Fintech Singapore

The Indonesian Financial Services Authority (OJK) is closely monitoring Investree, a fintech peer-to-peer lending platform, following public reports of potential operational and consumer protection...

FTX secretly used Deltec Bank to create and sell Tether for profit, lawsuit alleges

FTX companies created and profited from Tether through an arrangement with a partner bank, according to a court case described by Bloomberg on Feb....

FTC asks the public if they’d like AI fakes protection

The FTC is moving to make not only the fraudulent AI impersonation of government and business folk illegal but is also now asking the...

Why the New York Times’ AI Copyright Lawsuit Will Be Tricky to Defend

The New York Times’ (NYT) legal proceedings against OpenAI and Microsoft has opened a new frontier in the ongoing legal challenges brought on by...

Super Bowl LVIII Shifts Focus: Entertainment Over Crypto Ads

Super Bowl LVIII marked a shift in advertising trends, shifting away from cryptocurrency ads, despite strong crypto presence, and towards entertainment and traditional brand...

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of LuxUrban Hotels Inc. (LUXH) on Behalf of Investors

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on...

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