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...
Social media firms like Facebook or Twitter have obtained an important court victory after the U.S. Supreme Court issued a ruling suspending a Texas law that aims to prohibit online platforms from suppressing user posts based on their political views. Get the Full Story Complete...
Attorneys for the online trading platform Robinhood Markets say they’ve come to an agreement in principle that resolves a lawsuit by investors who say they were blocked from trading during an outage in March 2020. Get the Full Story Complete the form to unlock this...
The federal Consumer Financial Protection Bureau (CFPB) and the New York state attorney general filed a proposed judgment in federal court to settle its case against a group of debt collection firms that have a “history of deception and harassment,” according to a Monday (May 23)...
The Department of Justice has reported that 37-year-old Marcos Ponce of Austin, Texas, was sentenced to five years in prison for a scheme to buy tens of thousands of compromised PayPal accounts, a press release said. Get the Full Story Complete the form to unlock...
