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...
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...
The U.S. Chamber of Commerce filed a lawsuit against the Consumer Financial Protection Bureau, aiming to stop the agency from implementing its new rule to limit credit card late fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
OpenAI plans to move to dismiss all the claims made in a lawsuit by Elon Musk. 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...
Apple has blocked Epic Games from getting a developer account that Epic planned to use to launch a new app store on iPhones in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Digital Currency Group (DCG) wants a lawsuit accusing it of defrauding cryptocurrency investors dismissed. 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....
Elon Musk is suing OpenAI, alleging the company has strayed from its mission to develop artificial intelligence “for the benefit of humanity broadly,” but some experts doubt his chances of prevailing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Elon Musk is suing OpenAI, supported by Microsoft, and its CEO, Sam Altman, accusing the company of deviating from the group’s mission to develop artificial intelligence that benefits humanity as a whole. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its Gemini Earn Program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
