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Federal Trade Commission

FTC launches first major US investigation into ChatGPT maker OpenAI
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17 July, 2023

FTC launches first major US investigation into ChatGPT maker OpenAI

The Federal Trade Commission is probing whether OpenAI has breached customer protection laws or caused reputational harm to users, as...
Former Celsius CEO Alex Mashinsky arrested and charged with fraud
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14 July, 2023

Former Celsius CEO Alex Mashinsky arrested and charged with fraud

Former Celsius CEO Alex Mashinsky and former CRO Roni Cohen-Pavon face charges of conspiracy, securities fraud, market manipulation, and wire...
Binance denies reports that other B-tokens are insufficiently backed
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2 March, 2023

Binance denies reports that other B-tokens are insufficiently backed

Voyager Digital announced that most of its creditors had voted in favor of its restructuring plan that will see Binance.US...
SEC joins chorus of opposition to Binance.US $1 billion Voyager deal
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23 February, 2023

SEC joins chorus of opposition to Binance.US $1 billion Voyager deal

In a flurry of court filings, New York and federal finance regulators lodged multiple objections to the proposed billion-dollar deal,...
Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report
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7 February, 2023

Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report

A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR...
FTC blocks Microsoft’s acquisition of game developer Activision Blizzard
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15 December, 2022

FTC blocks Microsoft’s acquisition of game developer Activision Blizzard

The move will give Microsoft direct control over Activision’s franchises like Call of Duty, Overwatch, and Diablo, and the Federal...
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