Since the Securities and Exchange Commission (SEC) filed a lawsuit against Coinbase and Binance, Brian Armstrong and CZ have both experienced a decline in their net worth, with Armstrong’s decreasing by 11.8% and CZ’s by 5.1%.
The criminal trial against former FTX CEO Sam Bankman-Fried is delayed due to prosecutors not producing over 3.6 million documents, with his defense team claiming that the evidence is crucial to his defense against multiple fraud charges.
The senators expressed dissatisfaction with the perceived inadequacy of the safeguards in Meta’s AI model to combat fraudulent activities and cybercrime.
Apple Vision Pro is designed with features that cater to customized virtual reality experiences, whereas Mira’s headsets are specifically designed for industrial purposes.
The UK government is planning a summit to discuss the potential hazards of artificial intelligence (AI) and effective measures to address these risks through international collaboration.
Crypto figures create Coinbase’s “Stand with Crypto” NFT in support after SEC announces lawsuits against Binance and Coinbase.
Armstrong had established a plan in August that enabled him to sell shares, which at times resulted in profit and at other times did not. The sale of shares on June 5th was still deemed opportune.
Cryptocurrencies bounced back after a sell-off when the US SEC sued Binance and labeled several altcoins as unregistered securities.
Microsoft has agreed to pay $20 million to settle claims made by the US government that it improperly collected children’s personal information through its Xbox Live gaming service, violating their right to privacy.
After suing Binance, the Securities and Exchange Commission (SEC) is now suing Coinbase, the largest US cryptocurrency platform, claiming that it is operating illegally since it did not register as an exchange.
