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Elon Musk might be headed for a courtroom fight with social media giant Twitter, in the wake of Musk dropping out of his $44 billion proposal to buy the company out, The Wall Street Journal reported Saturday (July 9). Get the Full Story Complete the...
Graff Diamonds, a British luxury jeweler, has paid a ransom in bitcoin of $7.5 million to Conti, the Russian hacking gang which leaked data on the company’s big clients last year, Bloomberg reported Wednesday (June 6), citing a London lawsuit. Get the Full Story Complete...
Forever 21 owner Authentic Brands Group (ABG) and checkout technology firm Bolt said they are continuing their partnership after settling a lawsuit filed by ABG against Bolt, according to a Wednesday (July 6) press release. Get the Full Story Complete the form to unlock this...
As the first Department of Justice indictment comes down on an insider trading scheme for non-fungible tokens (NFTs), it remains to be seen how the DOJ will work with the wider NFT community, Bloomberg reported Wednesday (June 29). Get the Full Story Complete the form...
The Federal Trade Commission has sued Walmart alleging that its money transfer services were corrupted by fraudsters — which reportedly resulted in customers being “fleeced out of hundreds of millions of dollars,” according to a Tuesday (June 28) press release from the consumer watchdog. Get...
Meta is facing a federal lawsuit that says private medical data is being secretly shared with Facebook when patients access their healthcare providers’ web portals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Custodia Bank, a Wyoming-based digital asset bank, has taken legal action against the Federal Reserve Bank of Kansas City and the Board of the Federal Reserve to force the institutions to issue a decision on the bank’s application to access the Fed’s Master Accounts. Get...
The Commodity Futures Trading Commission (CFTC) has announced a complaint against Gemini Trust Company over allegedly false or misleading statements regarding a bitcoin futures product, per a CFTC press release Thursday (June 2). Get the Full Story Complete the form to unlock this article and...
