Lawsuits

Bidding Process Underway for Potential Revival of FTX
Bidding Process Underway for Potential Revival of FTX
September 11, 2023  |  Cryptocurrency

FTX Group is reportedly set for a potential revival. The defunct cryptocurrency exchange’s estate has reached out to over 75 potential bidders since May, and...

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Amazon Sues Alleged Counterfeiters in ‘Hidden Links’ Scheme
Amazon Sues Alleged Counterfeiters in ‘Hidden Links’ Scheme
September 06, 2023  |  Cybersecurity

Amazon has accused a pair of social media influencers of promoting counterfeit goods. In a lawsuit filed Wednesday (Sept. 6), the eCommerce giant accuses Kamryn Russell,...

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FTC’s Amazon Antitrust Suit Could Arrive This Month
FTC’s Amazon Antitrust Suit Could Arrive This Month
September 06, 2023  |  ANTITRUST

The Federal Trade Commission (FTC) is reportedly set to sue Amazon later this month. The antitrust suit, the result of a four-year probe into the mammoth retailer, is “likely”...

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Court Ruling Forces SEC to Reconsider Grayscale’s Bitcoin ETF Application
Court Ruling Forces SEC to Reconsider Grayscale’s Bitcoin ETF Application
August 29, 2023  |  Bitcoin

Grayscale Investments, a prominent crypto asset manager, has won a court ruling that requires the Securities and Exchange Commission (SEC) to reconsider its application for the...

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CFPB Targets Heights Finance for Alleged Illegal Loan Churning
CFPB Targets Heights Finance for Alleged Illegal Loan Churning
August 22, 2023  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Heights Finance Holding, formerly known as Southern Management, and several of its subsidiaries, charging they have engaged...

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Bankman-Fried Survives on ‘Bread and Water,’ Pleads ‘Not Guilty’ to $100 Million Fraud Charges
Bankman-Fried Survives on ‘Bread and Water,’ Pleads ‘Not Guilty’ to $100 Million Fraud Charges
August 22, 2023  |  Cryptocurrency

FTX founder Sam Bankman-Fried is reportedly surviving on “bread and water” in jail as he awaits trial. That’s according to the accused cryptocurrency fraudster’s attorney, who asked...

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Binance Connect Shutdown Highlights Crypto’s Ongoing Identity Crisis
Binance Connect Shutdown Highlights Crypto’s Ongoing Identity Crisis
August 17, 2023  |  Cryptocurrency

The year 2022 could not have been better for the world’s largest cryptocurrency exchange, Binance. Crypto markets were coming off an all-time high, and the November...

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Coinbase Expands Into Canada Amid US Regulatory Scrutiny
Coinbase Expands Into Canada Amid US Regulatory Scrutiny
August 14, 2023  |  Cryptocurrency

Coinbase has officially expanded into Canada as it continues to battle regulators stateside. America’s largest cryptocurrency exchange announced Monday (Aug. 14) that it was working...

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CFPB Files Lawsuit Against Auto Loan-Servicer USASF Servicing
CFPB Files Lawsuit Against Auto Loan-Servicer USASF Servicing
August 02, 2023  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against auto-loan servicer USASF Servicing. USASF is accused of illegally disabling borrowers’ vehicles, improperly repossessing...

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