
Federal Trade Commission
Meta’s profit slides due to big bet on proprietary metaverse
Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...
The CoinGeek Pulse Episode 90: ‘Crypto’ scams net $1B, Binance probed and global industry updates
The U.S. Federal Trade Commission released a report detailing about 46,000 people with over a median of $2,600 individual loss—this...
FTC: Digital asset scammers have made off with $1 billion since 2021
Scammers have defrauded over 46,000 people, with the median amount lost being $2,600, as bogus investment scams accounted for over...
Twitter agrees to $150M settlement with DOJ and FTC over privacy breach
The U.S. federal agencies alleged that the popular social media platform violated the FTC Act by deceiving users about the...
Digital currency ATMs being used for drugs and human trafficking: GAO
U.S. Government Accountability Office said that since digital currency ATMs are not as strictly regulated, they can allow human traffickers...
Why aren’t digital asset providers held to their promises?
The digital asset industry has a specific problem which, despite hurting consumers and adoption, receives little attention: dishonest advertising.