Tag: Northern California
FTT Soared 15% After SBF Appealed Fraud Conviction and 25-Year Sentencing
Sam Bankman-Fried, founder of FTX, has filed an appeal against his conviction and sentence for fraud and conspiracy charges hours before the the deadline...
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US judge dismisses some claims by writers against OpenAI
Updated A US judge has dismissed some of the claims made by writers in a copyright infringement lawsuit against OpenAI, and gave the wordsmiths...
California Court Fines Crowd Machine and Metavine in ICO Case
A California court has recently ruled against Crowd Machine and Metavine, ordering them to pay over $20 million in disgorgement, interest, and penalties. This...
GitHub Copilot copyright case narrowed but not neutered
The judge overseeing the AI code-copying case filed against GitHub, OpenAI, and Microsoft has dismissed some but not all of the aggrieved developers' claims,...
Spreadsheet of ‘ripped off’ artists lands in Midjourney case
A spreadsheet submitted as evidence in a copyright lawsuit against Midjourney allegedly lists thousands of artists whose images the startup's AI picture generator "can...
RK Logistics Group Holds Grand Opening for New Michigan Logistics Center Supporting Automotive, EV Battery Manufacturing
Michigan is emerging as a leader in EV manufacturing. It's a great opportunity to support production as well as the supplier community, especially...
Roblox Sued for Exposing Children to Sexual Content in Game
A new lawsuit accuses Roblox of lying and saying that the popular gaming platform is “safe and appropriate” for children. The complaint made recently...
Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX
On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance Holdings Limited, BAM Trading...
Federal Judge Orders Teen Hacker to Return $5.2M Worth of Stolen Bitcoin
In a recent ruling, a federal judge has ordered a teenage hacker to return approximately $5.2 million worth of stolen Bitcoin to the US...
Federal Court Seizes $5.2M in Bitcoin from Hacker Targeting Crypto Execs
A federal judge recently mandated the forfeiture of nearly $5.2 million in Bitcoin and a sports car from Ahmad Wagaafe Hared, a young hacker...
Feds Want $5.2 Million in Bitcoin Returned by Teen Hacker—And A Sports Car, Too – Decrypt
The U.S. Department of Justice is moving to seize millions of dollars in Bitcoin that a teenage hacker had stolen from crypto executives four...
California’s FPPC Updates Campaign Disclosure Rules, Including Cryptocurrency Contributions
The California Fair Political Practices Commission (FPPC) has made significant updates to its campaign disclosure manuals, including the introduction of detailed rules for cryptocurrency...
Energy Vault’s First Grid-Scale Gravity Energy Storage System Is Near Complete
Swiss startup Energy Vault came out of stealth mode in 2018, and has been on an upward trajectory since then. The company created a...
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