Sam Bankman-Fried’s defense team said Tuesday (March 19) that the prosecution’s proposed 40- to 50-year prison sentence is based on a “distorted” narrative and a “medieval” view of punishment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Ethereum Foundation, a Swiss nonprofit at the heart of the Ethereum ecosystem, is reportedly under investigation by an undisclosed “state authority.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Under the EU’s Digital Market Act (DMA), which is intended to increase competition in the digital economy, Big Tech innovations — coming from both the U.S. and abroad — are finding themselves reshaped as companies scramble to comply with the new set of regulations which...
Social media platforms like TikTok have transformed into vital sources of financial information, particularly for millennials and Gen Zs, with nearly 80% of these demographics seeking advice through these channels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A top federal prosecutor is reportedly targeting startups that defraud investors ahead of going public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Federal prosecutors are seeking a 40- to 50-year prison sentence for Sam Bankman-Fried, the former CEO of the now-bankrupt cryptocurrency exchange FTX, over charges of massive fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
European regulators want to question Big Tech firms about potential threats of generative artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The European Commission (EC) has opened formal proceedings to determine whether AliExpress breached requirements of the Digital Services Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
American lawmakers have approved a bill that could ban TikTok in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
