News list for " Allegation"
Citing unnamed sources, WSJ reported Friday that CZ committed to testifying against Sun in exchange for leniency.
Google may be charged by the European Union with violating the Digital Markets Act.
According to the Washington Post, a lawsuit accusing Musk's "Department of Government Effectiveness" of violating federal transparency rules will be filed within minutes of Trump's inauguration on Monday, opening a legal battle over key aspects of the new administration's agenda.
Adani released a statement saying that the US allegations are baseless and will seek all possible legal remedies.
OpenEden posted on the X platform that it has been informed of the recent allegations against its team members, and as a platform committed to upholding the values of trust and integrity, is dismayed by these allegations involving personal conduct. Immediate action will be taken to suspend the management and operations of the relevant personnel and their affiliates following the results of further investigations. Jeremy remains as CEO and operations are not affected. Previously, according to the...
The Department of Justice today released an indictment charging Malone Lam, 20, and Jeandiel Serrano, 21, with conspiring to steal and launder more than 4,100 bitcoins, worth approximately $230 million. It is reported that the two suspects were arrested last night and will appear in U.S. District Court for the Southern District of Florida and the Central District of California. The indictment alleges that, starting in August 2024, Lam, Serrano, and their associates fraudulently obtained the vict...
Market news: Semiconductor company Xockets has accused NVIDIA (NVDA. O) and Microsoft (MSFT. O) of conspiring over patent licensing issues. In Xockets' lawsuit, seven "data processing unit" patents are involved.
The SEC accused Ideanomics of reporting more than $40 million in revenue in 2019 through false accounting related to crypto-asset transactions. This false reporting resulted in financial statements being overvalued, deceiving shareholders and the public into misunderstanding the company's financial health. According to reports, all parties involved agreed to settle, neither admitting nor denying the SEC's findings. Former Chairperson and CEO Bruno Wu agreed to pay more than $3.30 million in ill-...
Consensys Software issued a statement in response to the SEC's allegations that the company conducted an unregistered securities offering through the Metamask pledge and swap. Consensys believes the SEC's actions are regulatory overreach and has vowed to defend its position in court, highlighting the broader impact on the web3 ecosystem. On Friday, Consensys Software issued a statement in response to the SEC's allegations that Consensys engaged in the offering and sale of unregistered securities...
