United States

OpenAI lawsuit alleges data scraping in training AI models
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9 September, 2023

OpenAI lawsuit alleges data scraping in training AI models

OpenAI finds itself in another controversy following claims that it performed data scraping in training its AI models, with plaintiffs...
Celsius ex-CEO Alex Mashinsky’s home, assets frozen amid ongoing legal battles
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8 September, 2023

Celsius ex-CEO Alex Mashinsky’s home, assets frozen amid ongoing legal battles

A U.S. District Court has ordered Celsius CEO Alex Mashinsky's assets to be "restrained" as he deals with multiple criminal...
Kentucky regulator cancels planned power subsidies for Chinese BTC miner
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6 September, 2023

Kentucky regulator cancels planned power subsidies for Chinese BTC miner

Ebon International was to invest $50 million in a 250MW mining facility under the promise that the Kentucky Power Company...
Anthony Scaramucci calls for Gary Gensler’s resignation from SEC
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4 September, 2023

Anthony Scaramucci calls for Gary Gensler’s resignation from SEC

Scaramucci's request follows the ramping up of enforcement actions by the U.S. securities regulator against illicit actors in the digital...
Sam Bankman-Fried losing Robinhood shares, judge’s sympathy
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4 September, 2023

Sam Bankman-Fried losing Robinhood shares, judge’s sympathy

U.S. District Judge Lewis Kaplan denied a motion by SBF’s attorneys to preclude the DOJ from introducing evidence the government...
Impact Theory settles with SEC over NFT enforcement action
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1 September, 2023

Impact Theory settles with SEC over NFT enforcement action

Impact Theory agreed to a cease-and-desist order and was ordered to pay more than $6.1 million in disgorgement, prejudgment interest,...