investigations

Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
November 01, 2024  |  Bank Regulation

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a...

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Bank of America May Ask Courts to Resolve CFPB Zelle Investigation
Bank of America May Ask Courts to Resolve CFPB Zelle Investigation
October 30, 2024  |  Banking

Bank of America may ask a court to resolve the Consumer Financial Protection Bureau’s (CFPB) investigation of the bank’s processing of payments through the Zelle...

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FBI Reportedly Investigating Hone Capital’s Connections to China
FBI Reportedly Investigating Hone Capital’s Connections to China
September 25, 2024  |  Security & Fraud

The FBI is reportedly investigating a Silicon Valley venture capital group’s ties to China. Hone Capital launched with the help of a Chinese private equity...

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AT&T to Pay $13 Million and Add Safeguards After 2023 Data Breach
AT&T to Pay $13 Million and Add Safeguards After 2023 Data Breach
September 17, 2024  |  Regulation

The Federal Communications Commission (FCC) has reached a settlement with AT&T that resolves the agency’s investigation into a January 2023 hack in which AT&T customer...

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5 States Settle With GSB Group After Investigating Digital Assets Offering
5 States Settle With GSB Group After Investigating Digital Assets Offering
September 09, 2024  |  Security & Fraud

Five states have settled their actions against organizations collectively known as GSB Group and their chairman of the board Josip Heit. This move followed an...

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Former FTX Exec Salame Says Feds Not Honoring Plea Deal
Former FTX Exec Salame Says Feds Not Honoring Plea Deal
August 22, 2024  |  Legal

Last year former FTX executive Ryan Salame cut a deal with federal prosecutors. Now, Salame says the government is not holding up its end of the bargain,...

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FTC Investigating Companies’ Use of Personal Data to Set Prices
FTC Investigating Companies’ Use of Personal Data to Set Prices
July 23, 2024  |  Regulation

The Federal Trade Commission (FTC) is looking to learn more about companies’ use of personal data to categorize individuals and set individualized prices for the...

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EU Launches Delivery Hero and Glovo Antitrust Investigation
EU Launches Delivery Hero and Glovo Antitrust Investigation
July 23, 2024  |  ANTITRUST

Delivery Hero and its Spanish unit Glovo are under investigation by Europe’s antitrust watchdog. The European Commission (EC) announced Tuesday (July 23) that it will probe whether the relationship between the two...

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SEC, US Attorney Charge Joonko Founder Ilit Raz With Fraud
SEC, US Attorney Charge Joonko Founder Ilit Raz With Fraud
June 11, 2024  |  Legal

The founder of a now-closed artificial intelligence (AI) recruitment startup called Joonko is facing charges from both the Securities and Exchange Commission (SEC) and the...

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