Sam Bankman-Fried once faced 13 criminal charges relating to his massive fraud scheme at the crypto exchange FTX. However, he’ll only face consequences for the seven charges he was found guilty of in November. Sam Bankman-Fried Using a VPN, McDonald’s AI Drive Thru Fails, Buzzfeed AI Quizzes Suck | Editor Picks The United States Department … Read more
Las Vegas Review-journal | Tribune News Service | Getty Images Federal prosecutors have disrupted a so-called pig-butchering scheme that cost victims more than $80 million, the U.S. Department of Justice announced Thursday. Four men have been indicted and two arrests have been made in one of the most sweeping enforcement actions yet on a type … Read more
Binance founder and CEO Changpeng Zhao pleads guilty to felony charges Tuesday related to his failure to prevent money laundering on the crypto exchange platform. King 5 News Seattle After pleading guilty to federal criminal charges and stepping down from his post as Binance CEO, Changpeng Zhao on Tuesday named Richard Teng as the new … Read more
Three individuals have been arrested on charges of operating a “high-end brothel network” in Massachusetts and Virginia with a clientele that included elected officials, military officers and government contractors with security clearances, the Justice Department announced Wednesday. “Pick a profession,” Joshua Levy, acting US attorney for Massachusetts, said of the sprawling client list during a … Read more
Tesla’s battery range exaggerations have triggered an investigation from the Department of Justice (DOJ). According to new documents filed with the Securities and Exchange Commission (SEC), Tesla has stated that not only is it facing previously reported lawsuits over the range issue but a probe from the DOJ as well. Over the summer, a report … Read more
The NBA’s squarely in the sights of the United States Department of Justice over accusations The Association worked to torpedo Ice Cube’s Big3 basketball league … allegations the NBA denies. TMZ Sports has learned the DOJ launched the inquiry months ago, examining alleged anticompetitive behavior on the part of the NBA, aimed at squashing the … Read more
Freedom Holding CEO Timur Turlov speaks during a press interview in Moscow, Russia, Oct. 10, 2019. Maxim Shemetov | Reuters Freedom Holding, a Nasdaq-traded Kazakh financial firm that’s been the target of prominent short sellers, is being investigated by federal prosecutors and Securities and Exchange Commission counsel over compliance issues, insider stock moves, and an … Read more
Kent Walker speaks at a “Develop with Google” launch occasion in Cleveland. by way of Google Google previewed Friday the way it plans to combat off the U.S. authorities’s expenses of unlawful monopolization when it goes to trial in District of Columbia District Courtroom subsequent week. The trial marks the primary main tech antimonopoly case … Read more
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The US Division of Justice is suing Elon Musk’s SpaceX over allegations that it discriminated in opposition to asylees and refugees in hiring. In a lawsuit filed on Wednesday, the DOJ claims from at the least September 2018 to Might 2022, SpaceX discouraged refugees and asylees from making use of to the corporate “by wrongly … Read more
A Falcon 9 rocket is displayed exterior the Area Exploration Applied sciences Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Pictures The U.S. Division of Justice sued SpaceX on Thursday, alleging Elon Musk’s area firm discriminated in opposition to refugees and asylum seekers in its hiring … Read more