United States

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...
US court orders CFTC to serve lawsuit vs Ooki DAO founders
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15 December, 2022

US court orders CFTC to serve lawsuit vs Ooki DAO founders

District Judge William Orrick says the Commodity Futures Trading Commission should serve a lawsuit against Ooki DAO founders Tom Bean...
The utter failure of corporate controls at FTX: CEO John Ray III testifies before US Congress
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14 December, 2022

The utter failure of corporate controls at FTX: CEO John Ray III testifies before US Congress

CEO John J. Ray III tells lawmakers that what separates FTX's bankruptcy from other exchanges that went insolvent is that...
FTC sues to block Microsoft’s acquisition of Activision Blizzard, crushing its metaverse ambitions
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13 December, 2022

FTC sues to block Microsoft’s acquisition of Activision Blizzard, crushing its metaverse ambitions

FTC says the acquisition would give Microsoft monopoly powers which the firm has abused in the past–it deals a big...
US securities regulator demands listed companies disclose ‘crypto’ contagion
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12 December, 2022

US securities regulator demands listed companies disclose ‘crypto’ contagion

In light of the recent FTX collapse, the U.S. Securities and Exchange Commission now wants U.S.-listed firms to disclose any...
Onecoin crisis manager facing fraud, money laundering charges fights to prevent US extradition
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12 December, 2022

Onecoin crisis manager facing fraud, money laundering charges fights to prevent US extradition

If tried in his home country of Luxembourg, Frank Schneider will face up to five years in prison, but extradition...
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