Sources: OpenAI and Anthropic consider using investor funds to settle potential claims from multibillion-dollar lawsuits, as insurers balk at covering AI risks
Companies struggle to assess scale of financial risks emerging from artificial intelligence — OpenAI and Anthropic …
A US jury finds Terraform Labs and Do Kwon liable for fraud in a US SEC lawsuit, boosting SEC's efforts to assert greater control over the crypto industry
- Terraform 2022 failure wiped out $40 billion in investor funds — Kwon criminal trial on hold over extradition from Montenegro
The SEC charges Hex crypto project founder Richard Heart with raising over $1B via unregistered securities offerings, including Hex, PulseChain, and PulseX
I was shocked that anyone would give him their money but 2021 was a crazy time. … Twitter: @secgov : Today we charged Richard Heart (aka Richard Schueler) and three unincorporated entities that he con...
iCapital Network, which makes tools to help financial advisers invest client money in PE, raises $400M at a ~$4B valuation
Firm helps channel investor funds into private-equity investments — iCapital Network Inc. raised $440 million in a funding round that values the upstart investing platform at around $4 billion.
SEC says it has obtained a temporary restraining order against Telegram's $1.7B TON cryptocurrency ICO
Highest-Level Action Yet? Mariella Moon / Engadget : SEC puts a stop to Telegram's cryptocurrency plans in the US Michael LaVere / CryptoGlobe : SEC Files Restraining Order Against Telegram Halting It...