A US judge rules Kalshi's sports-betting contracts are subject to Nevada Gaming Commission enforcement; Kalshi argues they should be regulated only by the CFTC
and Congress Is Sitting on It X: Daniel Wallach / @wallachlegal : Nevada “suggested reasonable options to Kalshi to avoid the possibility of enforcement pending appeal, including the same option accep...
Digital Currency Group agrees to settle and pay $38.5M in civil penalties to the US SEC over charges that it misled investors via crypto lender Genesis Global
a $38.5m fine from SEC US Securities and Exchange Commission : SEC Charges Digital Currency Group and Soichiro “Michael” Moro, Former CEO of Genesis Global Capital, for Misleading Investors about Gene...
The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November
Press release: www.justice.gov/opa/pr/unite... [embedded post] Mastodon: Dare Obasanjo / @carnage4life@mas.to : There's no such thing as a free lunch. The DOJ has taken action against the fintech Da...
A federal judge dismisses a lawsuit claiming Elon Musk and Tesla pumped up Dogecoin into a “pyramid scheme”, finding that Musk's statements were “aspirational”
Federal Judge Dismisses Class Action Lawsuit Accusing Tesla, Musk of Market Manipulation Involving Dogecoin Anan Ashraf / Benzinga : Tesla CEO Elon Musk Wants To Bring Back Dogecoin As A Payment Optio...
The US DOJ alleges former Apple engineer Weibao Wang stole Apple's autonomous tech, including source code, for a Chinese company working on a self-driving car
At all times relevant to this Indictment: 1. Apple, Inc. ("Apple") … Mashable : Man allegedly stole entire source code of Apple's self-driving project Ryan Daws / Internet of Things News : DoJ charge...
The US DOJ arrests a former Coinbase product manager for allegedly leaking insider info about tokens before they were listed; Coinbase won't face charges
On the evening of Sunday, May 15, 2022, ISHAN WAHI purchased a one-way flight to India that was scheduled to depart the next day shortly before ISHAN WAHI was supposed to be interviewed by Coinbase.” ...
YouTube and Facebook send cease-and-desist letters to Clearview AI over photo scraping after a similar move by Twitter in January
With Authoritarian Regimes James Hale / Tubefilter : YouTube Sends Cease-And-Desist To Facial Recognition Company That Scrapes Social Media Images For Law Enforcement Tristan Greene / The Next Web : F...
Inside FTC's 16-month Facebook probe that ended in a $5B fine; sources: FTC initially considered imposing more direct liability for Zuckerberg and a bigger fine
Then the FTC Caved Mathew Katz / Digital Trends : The FTC's $5 billion privacy fine on Facebook could've been much, much bigger Karissa Bell / Mashable : How the FTC let Mark Zuckerberg off the hook T...
NY State AG sues Bitfinex for allegedly using Tether reserve funds to cover withdrawals, after the loss or theft of ~$851M from Bitfinex's payments processor
if they service a substantial # of US customers they don't immunize themselves from US regulations and laws by locating offshore http://www.wsj.com/... Jeff Roberts / @jeffjohnroberts : You go to pris...
Report: Amazon is testing a program to help fight utility patent infringements by matching a seller and an accused merchant with a third-party lawyer for $4,000
Christine Fisher / Engadget : Source: The Information . Tweets: @priyasideas and @jeffjohnroberts Source: Priya Anand / The Information : Amazon Tests Program to Combat Patent Infringement Tweets: Pr...