The US DOJ charges the former CEO of AI chatbot startup GameOn and his wife for allegedly defrauding investors of more than $60M between 2018 and 2024
while failing to even make payroll for employees Cyrus Farivar / Forbes : AI Startup Founder Allegedly Spent Millions Of Investors' Money On House, Car And Wedding Isaiah Poritz / Bloomberg Law : AI C...
Block agrees to pay $80M to a group of 48 US state financial regulators that say it had insufficient policies for policing money laundering through Cash App
https://www.reuters.com/...
The FCC fines T-Mobile $80M, AT&T $57M, and Verizon $47M for allegedly illegally sharing customers' location data with aggregators “without customer consent”
The FCC says it found the carriers “sold access to its customers' location information to 'aggregators …
The US DOJ announces an indictment for four people, two of whom have been arrested, in an alleged international pig butchering crypto scam costing victims $80M+
That does it. — My next band name is International Pig Butchering Crypto Scam.
DOJ and SEC charged ex-HeadSpin CEO Manish Lachwani with allegedly defrauding investors out of $80M from 2018 to 2020 in an effort to boost HeadSpin's valuation
U.S. authorities on Wednesday charged a co-founder and former chief executive of HeadSpin with defrauding investors …
US bank regulator fines Capital One $80M over a 2019 hack that compromised personal info of ~106M card customers and applicants between 2005 and early 2019
AnnaMaria Andriotis / Wall Street Journal :
Sources: Invite Media reduced its assets before Google's $80M acquisition in 2010 to avoid requiring FTC approval, the kind of deal the FTC is now re-examining
The 2010 acquisition of Invite Media could come up for new scrutiny — Something unusual was underway in early 2010 at Invite Media … Tweets: @mattrosoff , @jason_kint , @alex , and @ericnewcomer Twe...
Federal filings: Google spent ~$150M on lobbying over the past decade in the US, followed by Facebook with ~$81M, and Amazon at nearly $80M
Tony Romm / Washington Post :