Her start-up Theranos promised a revolution in blood testing, but Elizabeth Holmes was convicted of being a fraud. Now she will probably have to serve her more than eleven-year prison sentence, although her appeal is still pending.
In the U.S., the trouble for the world's largest crypto exchange Binance does not stop. Only one week after the regulatory authority CFTC filed a fraud complaint against Binance, the Adam Moskowitz law firm filed a class action against the crypto exchange, its managers, and promotors.
Mike Rothenberg, the venture capitalist once dubbed Silicon Valley's "party animal," faces trial again after a jury failed to reach a verdict last year...
The "Grindr" app operators are already warning their users: In Egypt, police officers are using dating profiles to persecute gay men in particular. The popular gay social networking application issued a warning to its users in Egypt, as police impersonated community members to target LGBTQ+ individuals.
The plaintiffs point to a series of tweets by Musk about Dogecoin, but his lawyers argue that these were often just "harmless and silly" and "not at all unlawful." Meanwhile, Evan Spencer, the attorney for the plaintiff side, is "more confident than ever that our case will succeed."
The cryptocurrency market has been abuzz with recent rumors from an anonymous source claiming that Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, allegedly...
Since the end of December 2020, the SEC has been at loggerheads with Ripple. The legal dispute drags on and weighs on the cryptocurrency XRP. Is the decisive help for Ripple coming now?
Do Kwon, cofounder of the collapsed crypto scheme Terra-Luna, was charged with fraud by U.S. prosecutors shortly after local authorities arrested him in Montenegro. A grand jury in New York federal court charged Kwon with securities fraud, wire fraud and commodities fraud, the indictment shows. In February, the SEC already charged Do Kwon and Terraform Labs with fraud.
