A federal judge, Chief U.S. District Judge Beryl Howell, has ordered the pretrial detention for a defendant, Ilya Lichtenstein, arrested on conspiring to launder billions in stolen bitcoin, The Wall Street Journal reported Monday (Feb. 14). Get the Full Story Complete the form to unlock...
Federal prosecutors on Friday (Feb. 11) dropped criminal charges against Citigroup, Deutsche Bank and four senior bankers related to a “significant cartel case” by the Australian Competition & Consumer Commission (ACCC), ending a case that dates back to August 2015, The Financial Times reported. Get...
Elevate Credit agreed to pay a minimum of $3.3 million for charging people interest rates above the 24% maximum allowed by Washington, D.C for loans and credit lines, according to a statement from the Office of the Attorney General for the District of Columbia. Get...
The Federal Trade Commission (FTC) has filed a lawsuit against hamburger franchise Burgerim, saying it falsely represented itself to those who wanted to own a franchise location, according to a Tuesday (Feb. 8) FTC blog post. Get the Full Story Complete the form to unlock...
In November, President Joe Biden signed the $1 trillion bipartisan infrastructure bill into law, unlocking money for transportation, broadband and clean water. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Google just completed a week with more news headlines than it probably wanted. Some of them were very positive, like earnings in the last quarter going up 32% year-over-year. Some of them were less positive, like the approval by the Senate Panel of the Open...
Lenders to the Indian department store chain Future Retail have told the country’s Supreme Court that the chain’s assets should be auctioned off to cover missed payments.Lenders to the Indian department store chain Future Retail have told the country’s Supreme Court that the chain’s assets...
Rival social media giants Facebook (Meta), TikTok, Twitter and YouTube have united to sue the German government over its strengthened online hate speech law, Politico reported Wednesday (Feb 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A hodge-podge of privacy laws across the U.S. threatens to cost businesses more than $1 trillion over the next decade, with at least 20% of that burden falling on small- to medium-sized businesses, according to a report by the Information Technology and Innovation Foundation (ITIF)...
