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Tag: Accuses

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Wells Fargo Accused of Overcharging Thousands of Customers, Concealing Predatory Practice for More Than 10 Years: New Lawsuit – The Daily Hodl

A new lawsuit accuses banking giant Wells Fargo of overcharging thousands of customers on credit card interest rates and fees for more than a...

The Volkov Law Group Reports: Crypto Exchange KuCoin Faces Charges From DOJ And CFTC For Non-Compliance With AML And KYC Regulations – CryptoInfoNet

On the 26th of March, 2024, an unveiled indictment by the Department of Justice (DOJ) charged the eminent crypto marketplace KuCoin, along with its...

U.S. Treasury Department Targets 13 Russian Firms Allegedly Offering Crypto-Related Services To Avoid Sanctions – The Daily Hodl

The US Government has named entities and individuals allegedly responsible for providing crypto products and services that aided in the evasion of sanctions on...

DeFi group, apparel company sue SEC over crypto token classification

The DeFi Education Fund and Texas-based apparel company Beba have filed a lawsuit against the U.S. Securities and Exchange Commission demanding a legal declaration...

SEC Asks Court To Hit Ripple Labs With $1.95 Billion Fine

Join Our Telegram channel to stay up to date on breaking news coverage The U.S. Securities and Exchange Commission (SEC) has asked a New York...

KuCoin and Founders Face US Prosecution over Alleged AML Violations

US federal prosecutors announced charges against crypto exchange KuCoin and two of its founders for allegedly violating anti-money laundering (AML) laws today (Tuesday). According to the...

SEC Brands Terraform Labs a “House of Cards” as Civil Trial Commences

SEC accuses Terraform Labs of constructing a fraudulent empire, with the civil trial beginning over a year after the lawsuit was filed. The United...

US SEC Fines Two Investment Firms for ‘AI Washing’

The U.S. Securities and Exchange Commission settled charges with two investment advisers over “false and misleading” statements about their use of AI, or what...

Apple Acquires AI Startup DarwinAI Ahead of OS Updates

Apple Inc. has acquired Canadian AI startup – DarwinAI, as the iPhone maker makes a push into generative AI, to bolster its capabilities ahead...

Microsoft calls AI privacy complaint ‘doomsday hyperbole’

In early February, Microsoft accused the plaintiffs suing the software maker and its partner OpenAI over alleged AI privacy violations of evoking "doomsday hyperbole...

OpenAI Pushes Back on Elon Musk Lawsuit, Releasing Internal Emails – Decrypt

OpenAI released a series of emails from Tesla CEO Elon Musk in response to Musk's lawsuit that accuses the ChatGPT creator of straying from...

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