Touted by Elon Musk as “the acceleration of sustainable vitality and autonomy,” Tesla Inc. produces a vary of zero-emission electrical autos that herald a gasoline-free future. However, the corporate will not be without its troubles. Recent woes embody accusations by the DMV that will pressure Tesla to change the identify of one of its hottest … Read more
On August 19, The Federal Deposit Insurance Corporation (FDIC) issued numerous stop and desist letters to 5 cryptocurrency firms together with FTX US, owned by the crypto billionaire Sam Bankman-Fried, together with news retailers Cryptonews.com, Cryptosec.information, SmartAsset.com, and the location FDICCrypto.com. The FDIC requested the aforementioned firms to stop making “false or deceptive statements” relating to … Read more
On August 19, The Federal Deposit Insurance Corporation (FDIC) issued numerous stop and desist letters to 5 cryptocurrency corporations together with FTX US, owned by the crypto billionaire Sam Bankman-Fried, together with news retailers Cryptonews.com, Cryptosec.data, SmartAsset.com, and the location FDICCrypto.com. The FDIC requested the aforementioned corporations to stop making “false or deceptive statements” relating to … Read more
Premier League giants Arsenal F.C. have misplaced an enchantment and been given a second warning by the U.Ok.’s Advertising Standards Authority (ASA) over the “deceptive” marketing of non-fungible tokens (NFTs). The membership was censured in Dec over the fabric by associate Socios, and appealed the choice, just for the ASA to uphold the unique criticism, … Read more
A U.S. banking regulator is urging banks coping with cryptocurrency firms that they want to make positive prospects know which of their funds can be insured by the federal government in case of collapse, and which haven’t any security internet. The Federal Deposit Insurance Corporation (FDIC) stated Friday it’s involved customers could also be confused … Read more
The bancrupt crypto brokerage agency Voyager has been contacted by each the Federal Reserve and Federal Deposit Insurance Corporation (FDIC). Both our bodies have demanded that the corporate appropriate all deceptive statements it has beforehand made in regards to the deposit insurance coverage protection of Voyager and its prospects. False Claims from Voyager In a … Read more
The Federal Reserve and the Federal Deposit Insurance Corp have despatched a letter to crypto-broker Voyager Digital, asking it to take away false and deceptive statements relating to FDIC insurance coverage and protection. The regulators despatched Voyager a letter on July 28, saying that the dealer had “made false and deceptive statements, straight or by … Read more
Pools and telephones don’t play effectively collectively. | Image: Australia Competition and Consumer Commission / Samsung Australia Samsung Australia has been ordered by the Federal Court to pay a $14 million (about $9.7 million USD) positive for a misleading marketing marketing campaign, as spotted by PhoneArena. The advertisements in query instructed that a few of … Read more
In a lawsuit full of guarantees from Do Kwon, the Luna Foundation Guard, and different Terra-related entities, an Illinois-based plaintiff has alleged that every one events concerned misled buyers about whether or not all Terra tokens (together with UST and LUNA) are literally securities, amongst different allegations. The lawsuit, filed on Friday in US District … Read more
According to a tweet sent from the verified Shiba Inu Twitter account, CoinMarketCap intentionally listed 3 fake smart contract addresses of SHIB. The team, therefore, warned that these addresses found on the Binance Smart Chain, Solana, and Terra are not safe to use. Going even further, the team warned users not to interact with these … Read more