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HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges
The charges against Xue 'Sam' Lee, accusing him of orchestrating the scheme that took $1.89 billion from its 'investors' between...
CFTC seeks feedback on AI use in compliance, warns against utilization of AI trading bots
The CFTC's call for comment on AI risks and how regulated entities might use the tech in their compliance efforts...
Regulatory crackdown: South Korea, Taiwan issue arrest warrants; Abra settles in Texas
The Texas State Securities Board has settled with Abra, which consented to repay $1.8 million to 1,600 investors from the...
OneCoin lawyer Mark Scott sentenced to 10 years in prison
Lawyer Mark Scott is sentenced to 10 years in prison after he was convicted on two felony counts related to...
US Air Force turns to quantum computing for military logistics
Keeping pace with global technological advancements, the U.S. Air Force is allocating a $2.5 million grant to QRS for the...
MIT study explores computer vision AI in workplaces
The MIT report found that in many occupations with low wages, the cost savings introduced by automation aren't significant enough...
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