Poloniex to pay $10M to settle SEC charges that it operated unregistered crypto exchange
Poloniex LLC agreed to pay more than $10 million to settle a complaint by the U.S. Securities and Exchange Commission (SEC) alleging that it...
CFPB sues TransUnion for engaging in deceitful marketing, digital dark pattens
The Consumer Financial Protection Bureau (CFPB) sued TransUnion for allegedly continuing its deceitful marketing and digital dark pattern practices to profit from customers.
The CFBP...
Mnuchin and Powell ask Congress to reallocate $300B in unused COVID-19 funds to aid...
U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said hundreds of billions of dollars in unused funds from the $2.3 trillion...
Schumer Presses Biden on Student Loan Debt Forgiveness
Many Americans find themselves financially bogged down by student loan debt. What's really hurting Americans are the interest payments accompanying these debts; however, this...
Music streaming company Akazoo to pay $38.8 million to settle fraud charges
Akazoo S.A., a purpoted music streaming company based in Greece, agreed to pay $38.8 million to settle a lawsuit filed by the U.S. Securities...
Swedish Cryptocurrency Fraudster Who Targeted Deaf Community Pleads Guilty to Securities Fraud
Roger Nils-Jonas Karlsson, a Swedish cryptocurrency fraudster, pleaded guilty to securities fraud, wire fraud, and money laundering charges filed against him by the United...
FTC to investigate the Impact of Middlemen on Prescription Drug Prices
The Federal Trade Commission (FTC) is starting an investigation into the impact of pharmacy benefit managers or middlemen on prescription drug prices.
On Tuesday, the...
Poland prepares for War with Russia Blockade on Belarus continues
There are increasing tensions in the Ukraine-Russia conflict. A recent war of words by the leaders of Russia, Belarus, and the US has only...
SEC Sued BitConnect and Founder Kumbhani over $2 Billion Cryptocurrency Fraud
The U.S. Securities and Exchange Commission (SEC) sued BitConnect for allegedly committing a massive cryptocurrency fraud that harmed investors worldwide.
According to the SEC, the...
Amazon Flex drivers to receive reimbursements for tips illegally withheld by e-commerce giant
More than 140,000 Amazon Flex drivers will receive reimbursements for tips that were illegally withheld by the e-commerce giant from them between 2016 and...