Category: Law and Order
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Prison Sentence For Thodex Founder!
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The founder of the former crypto exchange Thodex must serve seven months in prison. Further proceedings are underway against him.
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The Biggest Crypto Scam in History: Unraveling the Shocking Tale!
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While offering exciting opportunities for investors, the crypto market has also witnessed its fair share of scams and fraudulent activities. Among them, OneCoin stands out as the largest crypto scam in history, leaving investors in disbelief and regulators scrambling to take action.
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Bittrex: SEC Has No Authority Over Crypto!
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Cryptocurrency exchange Bittrex has filed a motion to dismiss in its legal battle with the U.S. Securities and Exchange Commission (SEC). In a recent court filing, Bittrex argues that the SEC only has the authority to regulate cryptocurrencies as securities if Congress explicitly gives the agency that authority.
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Lawsuit: OpenAI Collected Medical Information And Data From Children!
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Millions of data were allegedly collected and used for training ChatGPT. CEO Sam Altman has to answer for it in court. OpenAI allegedly stole “large amounts of personal data” to train ChatGPT. Specifically, collecting medical data and information from children weighs heavily in court.
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German Court Issued Arrest Warrant Against Ex-Steinhoff Boss!
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You may know Steinhof through Fraser Perring, because his group Viceroy Research was decisive for the company’s downfall! A German court has issued an arrest warrant against Markus Jooste, the former CEO of the Steinhoff furniture group, formerly the parent company of the now-insolvent Kika and Leiner furniture chains in…
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Swiss Crypto Affair: Proceedings Against Ex-Special Investigator Peter Marti Ended!
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Peter Marti can breathe a sigh of relief: The criminal proceedings against him, for example, for abuse of office, have been dropped. The former Swiss special investigator of the federal government evidently does not have to fear any charges. Criminal proceedings against him have been dropped. The decision still needs…
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World’s Largest Crypto Platform Binance Suspected Of Money Laundering!
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A new chaos is brewing in the crypto world. This time, no less a market participant than the world’s largest crypto exchange Binance is at the centre of it. The U.S. Securities and Exchange Commission (SEC) has taken notice of the crypto exchange and most recently filed a lawsuit.
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Binance And The SEC Reached Agreement In Court!
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The deal imposes extensive disclosure obligations on BinanceUS and the strict separation of client funds from the parent company. However, the assets will not be frozen.
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The Takeover Of Credit Suisse: Shareholders Sue UBS!
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The takeover of Credit Suisse resulted in an extraordinary profit of 31 billion Swiss francs for UBS. However, CS shareholders are now suing against the exchange ratio of 76 centimes per share.
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Deutsche Bank Pays $75 Million To Abuse Victim Of Jeffrey Epstein!
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It is probably the most significant compensation sum ever paid by a bank in the USA for sexual abuse: Deutsche Bank pays 75 million dollars to a woman who Jeffrey Epstein had abused. She accused the bank of ignoring evidence of his machinations to continue doing business with him.