Coinbase CEO Brian Armstrong hits out at SEC chair Gary Gensler, while Binance alleges Gensler sought role at crypto exchange
TECHNOLOGY POWERING BUSINESS
News Justice
SEC Sues Binance, CEO, And Coinbase
US financial regulator alleges US clients of Binance have $2.2 billion at risk, after lawsuits against Coinbase and Binance
Data Does Not Slow Down For Justice – how smart IT systems can better protect victims of serious crime
Improvements in data processing for Digital Forensic Units is vital to clear the two to three year case backlogs facing the justice system
Microsoft Appeals CMA Veto Of Activision Blizzard Acquisition
Expected appeal is filed by Microsoft against UK watchdog's decision to block its acquisition of Activision Blizzard
Bail Rescinded For Terra Co-Founder Do Kwon
Higher court in Montenegro rescinds 800,000 euro bail for Do Kwon due to flight risk concerns, after US and South Korean charges
DoJ Charges Ex Apple Engineer With Stealing Trade Secrets
Former Apple staffer Weibao Wang accused of stealing autonomous system data from the tech giant, and then fleeing to China
Mike Lynch Extradited To Face Trial In California
UK entrepreneur Mike Lynch extradited to California to face criminal fraud charges over $11bn sale of Autonomy to HP more than a decade ago
British Man Pleads Guilty To Infamous Twitter Hack
Man alleged to have carried out 2020 hack of public figures including Joe Biden, Kim Kardashian, Bill Gates, pleads guilty in US
Former Uber Security Chief Sentenced To Probation Over Hack
San Francisco judge sentences former Uber security chief to three years' probation for role in covering up massive 2016 data breach
Appeals Court Dismisses Lawsuit To Break Up Meta
US Federal Appeals court dismisses antitrust attempt by US states to breakup Facebook parent Meta Platforms
UK’s CMA Blocks Microsoft’s $69bn Acquisition Of Activision Blizzard
Final decision by UK regulator to block Microsoft's Activision Blizzard acquisition, but Microsoft says it will appeal
Seagate To Pay $300m Penalty Over Huawei Exports
Ouch. Seagate to hand over $300 million in fines after it exported 7.4 hard disk drives to Huawei, despite US export restrictions
Murdered Tech Executive Knew His Alleged Killer, Say Police
Cash App founder Bob Lee apparently knew the suspect in his stabbing death, police in San Francisco have said
OpenAI Faces Possible Defamation Lawsuit Over ChatGPT Content
A mayor in Australia has warned he may sue OpenAI if the firm does not correct false bribery claims by ChatGPT
Amazon, Microsoft Cloud Services Face UK Antitrust Probe
Ofcom proposing to refer UK cloud market and two of its leading service providers to British antitrust watchdog
Genesis Market Takedown Sees 120 Suspects Arrested
Largest online marketplace selling stolen credentials to criminals worldwide has been taken down in international operation
Court Grants Twitter Subpoena To Identify Source Code Leaker
Hunting the leaker. Twitter's request to identify GitHub user who uploaded its source code has been approved by a US court
Sam Bankman-Fried Pleads Not Guilty To Additional Charges
Court appearance for former head of FTX, who pleads not guilty to five additional charges from US federal prosecutors
Judge Rules Google Deleted Chats In Antitrust Case
US federal judge rules Google intentionally sought to “hide the ball” in high profile antitrust case by automatically deleting evidence
Broadcom’s $61bn VMware Deal Faces Phase 2 CMA Probe
Decision by Broadcom not to offer the UK watchdog remedies to its Phase 1 concerns, triggers in-depth Phase 2 investigation
South Korea, US Seek Do Kwon Extradition
Who has first dibs? South Korea and the United States have both requested the extradition of Terra co-founder Do Kwon
Sam Bankman-Fried Charged With Bribing Chinese Officials
New US indictment alleges FTX's Sam Bankman-Fried paid over $40 million to bribe at least one official in China
Terra Co-Founder Do Kwon Arrested In Montenegro
Interpol confirms Do Kwon arrested after six months on the run, after spectacular demise of TerraUSD cryptocurrency
Key Takeaways From TikTok’s CEO Grilling In US Congress
Torrid time for TikTok CEO, as Shou Zi Chew endured brutal questioning by US lawmakers over national security concerns
FTX Agrees Deal To Recover $400m From Hedge Fund
New management of failed crypto exchange FTX announce deal to recover more $400 million from a Bahamas-based hedge fund
SEC Charges Celebrities Over Cryptocurrency Endorsements
Lindsay Lohan, Jake Paul and other celebrities charged by the US financial watchdog over cryptocurrency endorsements
Court Dismisses Gamers Lawsuit Over Microsoft Activision Purchase
US federal court dismisses lawsuit from gamers over Microsoft's $69 billion proposed acquisition of Activision Blizzard
China Chip Boss Targeted By Anti-Graft Probe
Chinese authorities target Zhao Weiguo, former chairman of chip giant Tsinghua Unigroup, for corruption probe amidst industry struggles
Sam Bankman-Fried Allegedly Received $2.2 Billion From FTX Entities
Filings from bankrupt FTX show it made transfers of about $2.2 billion to company founder Sam Bankman-Fried
Autonomy’s Mike Lynch Fights US Extradition Attempt
Co-founder and former CEO of Autonomy Dr Mike Lynch asks High Court in London to block his extradition to the US