The November 2022 collapse of FTX, one of the largest cryptocurrency exchanges, has sparked an investigation into the company’s finances. The latest development in the ongoing bankruptcy process took place on Thursday when lawyers for the exchange sued the company’s founder and former CEO, Sam...
Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After completing its preliminary review of the deal on July 6, the European Commission has scheduled a four-month investigation, according to...
A federal investigation into Goldman Sachs’ credit card business has apparently expanded. The Wall Street giant revealed last year that the Consumer Financial Protection Bureau (CFPB) was looking into that side of its operations. But in its annual report — filed Friday (Feb. 24) — Goldman...
The United States is seizing assets that are linked to bankrupt crypto exchange FTX. The Wall Street Journal (WSJ) reported Wednesday (Jan. 4) that the federal government had seized or is in the midst of seizing disputed shares of Robinhood Markets, and that it had...
August 02, 2019
The Federal Reserve orchestrated an official investigation of an Amazon facility in Virginia, kicking off what is expected to be ongoing oversight of cloud providers, people familiar with the matter told The Wall Street Journal on Thursday (Aug 1). The investigation was in April, ahead of the Capital One hack that resulted in the arrest […]
December 31, 2018
So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68...
November 09, 2023
The Securities and Exchange Commission (SEC) has announced charges against the former co-CEOs of Bitwise Industries, a private technology services startup based in Fresno, California. The charges against Jake Soberal and Irma Olguin Jr. stem from allegations of misleading investors about the company’s finances, the SEC said in a Thursday (Nov. 9) press release. Soberal and Olguin are […]
July 21, 2023
The November 2022 collapse of FTX, one of the largest cryptocurrency exchanges, has sparked an investigation into the company’s finances. The latest development in the ongoing bankruptcy process took place...
June 23, 2023
Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After completing its preliminary review of...
February 27, 2023
A federal investigation into Goldman Sachs’ credit card business has apparently expanded. The Wall Street giant revealed last year that the Consumer Financial Protection Bureau (CFPB) was looking into that side...
