United States

Biden administration meets 90-day artificial intelligence milestones
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1 February, 2024

Biden administration meets 90-day artificial intelligence milestones

Biden Administration's executive order has reached its deadline, and the White House has reported that each department was able to...
HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges
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31 January, 2024

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
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31 January, 2024

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
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30 January, 2024

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
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29 January, 2024

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
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28 January, 2024

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...
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