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N.Y. Department of Financial Services Releases Report On High-Profile Twitter Hack

On Wednesday the New York State Department of Financial Services (NYSDFS) released its Twitter Investigation Report regarding Twitter’s July 15, cybersecurity incident, which resulted...

T-Mobile Sued For Allowing $8.7m Cryptocurrency Hack via SIM Swap

T-Mobile was sued in the Eastern District of New York by plaintiffs Reginald Middleton and Veritaseum LLC on Tuesday for its alleged “failure to...

Crypto Fund Investors Allege Fraud in Lawsuit

Plaintiffs David Powell and Merav Knafo, investors in a cryptocurrency investment fund, filed a complaint against Crypto Traders Management, LLC, the fund and its...

SEC Charges App Developer for Unregistered Securities

The Securities and Exchange Commission (SEC) charged the California cryptocurrency investment app Abra and a related Philippines-based firm today with “selling security-based swaps to...

SEC Asks Court to Order Telegram To Pay $1.2b

The Securities and Exchange Commission (SEC) filed a proposed judgment on Thursday in the Southern District of New York asking the court to order Telegram to...

SEC Action Targets Digital Investment Fund

The Securities and Exchange Commission (SEC) filed a complaint in the Western District of Pennsylvania against two brothers for an allegedly fraudulent fund and...

Nets Point Guard to Launch Investment Service

Spencer Dinwiddie of the Brooklyn Nets launched an investment service on January 13. Dinwiddie’s investment service is in partnership with Securitize, a security token...

Congress Urges FCC Action on SIM Swapping Scams

Congress implored the Federal Communications Commission (FCC) on January 9 to act on SIM swapping scams. SIM swapping is “a particularly invasive form of...
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Will a Go Shop Clause Derail AdTheorent-Cadent Merger?

On the heels of Cadent’s announcement of its intentions to acquire machine learning pioneer AdTheorent in a $324 million...

An Anti-Biden Group Goes All In on FOIA Requests

FOIAengine:  What Does the American Accountability Foundation Want to Know – and Why? This week we’re taking a look at...

Fitness Tech: Lawsuits Against Peloton, Garmin, and More

While the use of pedometers goes back centuries, the story of the modern fitness technology industry begins in 1965...