Some lawmakers are questioning how cybercriminal Aleksei Burkov, who has operated two of the most exclusive Russian underground hacking forums, was released early, KrebsOnSecurity reported Tuesday (March 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A German court has opened class-action style legal proceedings against accounting firm Ernest & Young LLP (EY) to hear cases from investors in defunct payment company Wirecard AG. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
FinTech OppFi Inc. on Monday (March 7) filed a complaint in Los Angeles Superior Court against California’s Commissioner of the Department of Financial Protection and Innovation (DFPI), in relation to the state’s interest rate caps on loans. Get the Full Story Complete the form to...
Amazon is likely to claim victory in a European Union antitrust court regarding its case to buy movie studio MGM for $8.5 billion, Reuters reported Wednesday (March 9). The European Commission will make its decision by March 15. Get the Full Story Complete the form to...
A secret program overseen by Immigration and Customs Enforcement (ICE) covertly tracked and collected data on at least 200 million money transfers in the last dozen years without a warrant, the Wall Street Journal (WSJ) reported on Tuesday (March 8), citing a letter from Sen....
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, has issued an alert advising financial institutions to be wary of companies trying to dodge the sanctions placed on Russia, a press release said. Get the Full Story Complete the form to unlock this article...
The Securities and Exchange Commission has charged venture capital fund adviser Alumni Ventures Group, LLC (AVG) and its CEO with making misleading statements about its management fees and making transactions that violated its operating agreements. Get the Full Story Complete the form to unlock this...
A group of state attorneys general has initiated an investigation into TikTok and whether children and teens face any online harms related to the popular social media app, according to a press release from the Massachusetts state attorney general’s office. Get the Full Story Complete...
Just days after a federal grand jury handed down a $2.4 billion indictment of operating a global Ponzi scheme, BitConnect founder Satish Kumbhani, 36, has apparently gone missing from his native India, Securities and Exchange Commission (SEC) attorney Richard Primoff said in a Monday (Feb....
