A federal judge denied a request by 14 state attorneys general to temporarily bar the Elon Musk-led Department of Government Efficiency (DOGE) from accessing data at seven federal agencies. U.S. District Judge Tanya Chutkan said the states had not shown how DOGE’s work could cause...
When the criminal trial of Frank Founder Charlie Javice and former Chief Growth Officer Olivier Amar begins Tuesday (Feb. 18), Javice’s defense team will reportedly argue that the criminal case stems from a commercial dispute in which the buyer of the student loan startup, JPMorgan Chase, felt...
A federal judge reportedly granted a joint request by the Securities and Exchange Commission (SEC) and cryptocurrency exchange Binance to put the SEC’s civil lawsuit against the company on hold. The hold will last for 60 days, Reuters reported Thursday (Feb. 13). It was reported Tuesday (Feb. 11) that...
The SEC reportedly wants to put its case against the world’s biggest crypto exchange on hold. That’s because the financial regulator wants to wait as the Trump administration develops a digital asset framework, Bloomberg News reported Tuesday (Feb. 11), citing a court filing by the...
The President Donald Trump administration reportedly said in a Sunday (Feb. 9) court filing that a judge’s order blocking the Elon Musk-led Department of Government Efficiency (DOGE) from accessing Treasury Department payment systems also prevents Treasury Secretary Scott Bessent from doing his job. In its...
A lawsuit accusing LinkedIn of using user messages to train AI models has been dismissed. Plaintiff Alessandro De La Torre, who filed the proposed class action suit last week, has since withdrawn his complaint, Reuters reported Friday (Jan. 31). The suit accused the Microsoft-owned LinkedIn...
Uber Technologies is reportedly suing a group of law firms, doctors and pain management clinics, alleging they staged car accidents and performed medically unnecessary surgeries. The ridesharing firm’s racketeering lawsuit alleges that the defendants aimed to take advantage of New York’s no-fault insurance policies, which...
Cryptocurrency exchange KuCoin will exit the U.S. market for at least two years after its operator, Seychelles-based Peken Global Limited, pleaded guilty Monday (Jan. 27) to one count of operating an unlicensed money transmitting business. Peken will also pay monetary penalties totaling more than $297 million,...
The U.K.’s Competition Appeal Tribunal reportedly ruled that a lawsuit accusing Apple and Amazon of collusion cannot proceed. The tribunal ruled that the plaintiff, consumer law academic Christine Riefa, had not demonstrated “sufficient independence or robustness” to represent the claimant class, referring to third-party funding...