A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection. The four senators — Sherrod Brown of Ohio, Elizabeth Warren of Massachusetts, Jack Reed of Rhode Island and Bob Menendez of New Jersey — wrote to the two companies Thursday...
Two lawmakers are asking Silicon Valley Bank depositors if their executives received personal perks from the bank. In a letter dated Sunday (April 9) and sent to the companies, Sen. Elizabeth Warren, D-Mass., and Rep. Alexandria Ocasio-Cortez, D-N.Y., asked about recent media reports that executives...
U.S. prosecutors are reportedly examining Silvergate Capital’s hosting of accounts for FTX and Alameda Research. Bloomberg reported Thursday (Feb. 2) that the probe centers on what banks and intermediaries knew about the now-bankrupt cryptocurrency companies that have since been accused by U.S. officials of fraud....
With crypto markets in turmoil, regulating the volatile industry has become a priority for lawmakers. This pivot comes as the collapse of cryptocurrency exchange FTX has sent tremors through the emergent industry. While Sam Bankman-Fried (SBF) has since been arrested, the knock-on effects of his...
September 13, 2023
Sen. Edward J. Markey and Rep. Pramila Jayapal have led several colleagues in demanding answers from CEOs of leading artificial intelligence (AI) companies regarding the working conditions of their data workers. In a letter dated Wednesday (Sept. 13) and addressed to the leaders of nine prominent AI companies, the lawmakers emphasized the crucial role played by data workers in the […]
June 16, 2023
A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection. The four senators — Sherrod Brown of Ohio, Elizabeth Warren of Massachusetts, Jack Reed of...
April 10, 2023
Two lawmakers are asking Silicon Valley Bank depositors if their executives received personal perks from the bank. In a letter dated Sunday (April 9) and sent to the companies, Sen....
February 02, 2023
U.S. prosecutors are reportedly examining Silvergate Capital’s hosting of accounts for FTX and Alameda Research. Bloomberg reported Thursday (Feb. 2) that the probe centers on what banks and intermediaries knew...
