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Thursday, March 28, 2024

ChatGPT launched by OpenAI signs up over one million users in the first week

ChatGPT had its public launch last week. And it immediately went viral. Within 5 days the artificial intelligence system accumulated a record-breaking 1 million...

Financial Crimes Trial: Caroline Ellison Testifies Sam Bankman-Fried Siphoned off Billions in Crypto Scams

In a Manhattan courtroom, Caroline Ellison, the former business partner and ex-girlfriend of crypto luminary Sam Bankman-Fried gave explosive testimony.  Before a riveted New...
penny stock, pump-and-dump stock manipulation scheme

SEC charges 16 people involve in $194 million “pump-and-dump” stock manipulation scheme

The Securities and Exchange Commission (SEC) filed charges against 16 individuals for their involvement in a global pump-and-dump stock manipulation scheme that generated $194...

The Marenzi Case Unearthed: Navigating the Treacherous Waters of Insurance Premium Financing

CALIFORNIA—The California insurance sector is currently reeling from a groundbreaking case that is highlighting some potentially disturbing practices. At the heart of this story...

Banking crisis with the collapse of two major U.S. banks

The collapse of two major banks in the United States, Silvergate and SVB Financial Group, has shaken the American financial system. And some economists...

Meme-coin PEPE has a meteoric rise to $1.8 billion then drops to $790 million 

A rally in a brand-new meme-coin hit a roadblock Tuesday when the market value of the token PEPE neared $2 billion. The 12% decline...
Capital One CEO Richard Fairbank

Capital One CEO Richard Fairbank to Pay Penalty for Violating Antitrust Laws

Capital One Financial Corp. (NASDAQ: COF) CEO Richard Fairbank agreed to settle a complaint by the Federal Trade Commission (FTC) alleging that he violated...

Suspect in Idaho 4 slayings studying criminal justice

Bryan Christopher Kohberger, 28 is the prime suspect in the murders of 4 Idaho university students. He was nabbed at his home in the...
Ponzi scheme

SEC sues Southport Capital and Owner John Woods for Operating a Ponzi Scheme

The Securities and Exchange Commission (SEC) sued two entities and their owner for operating a multimillion-dollar Ponzi scheme. On August 20, the SEC filed a...

Angel Oak Capital Advisors Lied to Investors, SEC Takes action

It has come to light that Angel Oak Capital Advisors (“Angel Oak”) has been lying to their investors, according to the SEC. This revelation...

Must Read

Insurer’s Embrace of Technology Under the Microscope: Addressing Prejudice and Bias...

(USA Herald) - The insurance industry is experiencing a digital revolution, with artificial intelligence (AI) playing an increasingly role in underwriting, claims adjusting, and...