Tag: Lawsuits
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Kraken Moves to Dismiss SEC’s Lawsuit
Major cryptocurrency exchange Kraken is seeking to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC), arguing that the Commission was...
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
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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...