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SEC Lawyers Resign After Judge Sanctions the Regulator for ‘Gross Abuse of Power’

23.4.2024
Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the agency made “materially false and misleading...

SEC Lawyers Resign Amid Criticisms in Crypto Case Against DEBT Box

23.4.2024
Two lawyers from the SEC, Michael Welsh and Joseph Watkins, resigned following a federal judge's sanction and severe criticism of the regulatory agency's handling of a crypto-related case. The post SEC Lawyers Resign Amid Criticisms in Crypto Case Against DEBT Box appeared first on Cryptonews

Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg

22.4.2024
Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power” while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to...

Judge Condemns SEC’s Handling of DEBT Box Case, Ordered to Reimburse Legal Costs

19.3.2024
The US Securities and Exchange Commission was sanctioned for its controversial restraining order against crypto firm DEBT Box, a March 18 court filing showed. The post Judge Condemns SEC’s Handling of DEBT Box Case, Ordered to Reimburse Legal Costs appeared first on Cryptonews

Debt Box Urges Utah Federal Judge to Reject SEC’s Motion to Dismiss Enforcement Action

15.2.2024
Debt Box, a software firm entangled in a legal battle with the United States Securities and Exchange Commission (SEC), has launched a countermove against the regulatory body’s attempt to dismiss the case. Filed on February 14, Debt Box’s response characterized the SEC’s motion as a strategic...

The 31 Best Super Bowl LVIII Commercials, Ranked From Solid To Iconic

12.2.2024
Super Bowl LVIII, with its thrilling overtime finish and luxury box shots of Taylor Swift and Blake Lively, has come and gone, and so now we must honor those generous corporate patrons who shell out millions so Tom Brady can stay on television. This is all we have, for the staff of The A.V. Club...

Republican Senators Pen Scathing Letter to Gensler for “Unethical” Handling of DEBT Box Case

9.2.2024
A group of Republican senators criticized United States Securities and Exchange Commission (SEC) Chair Gary Gensler over the federal agency’s “unethical” handling of the DEBT Box case in a February 7 letter. Republican Senators Argue SEC’s Tactics Were “Unethical” Senators Cynthia Lummis (R-WY)...

SEC Moves to Dismiss Lawsuit Against Crypto Company Debt Box, Citing Inaccuracies in Court

31.1.2024
The SEC has decided to abandon its lawsuit against Debt Box, a crypto company previously accused of defrauding investors of millions. This decision follows the SEC’s acknowledgment of presenting misleading information in court, a revelation that undermines the agency’s case...

AI Agents Will “Probably” Use Crypto, Says Palantir Co-Founder Joe Lonsdale

26.1.2024
Palantir Technologies co-founder Joe Lonsdale has asserted that AI agents will “probably” use crypto when making transactions. In an interview on CNBC’s “Squawk Box” talk show, Lonsdale touched on the future of AI and its potential usage of crypto. When Squawk Box host...

Call of Duty: Warzone Devs Worked Overnight To Fix Busted Update

18.1.2024
Call of Duty: Warzone and Modern Warfare III’s Season 1 Reloaded update launched midday on January 17—and almost immediately broke both FPS titles. The Reloaded update promised anti-cheat improvements, adjustments to the Zombies mode, new cosmetics, new multiplayer maps, and more, but the launch...

SEC Makes ‘Materially False and Misleading’ Representations Against Crypto Firm — Judge Threatens Sanctions

6.12.2023
The United States District Court for the District of Utah has expressed concerns that the U.S. Securities and Exchange Commission (SEC) is making “materially false and misleading representations” in its lawsuit against a crypto firm. The court has ordered the securities regulator...

Popular Fantasy MMO Ditches Battle Pass After Players Revolt

10.10.2023
The just-introduced RuneScape battle pass has nowhere near the longevity of the 22-year-old game to which it belongs: after debuting the pass on September 4, developer Jagex plans to terminate it on December 3, it wrote in an October 6 update post. Read more

One Of Gaming's Most Hated CEOs Says Goodbye, Again

10.10.2023
CEO John Riccitiello has retired from game development software company Unity after possibly its worst month of bad headlines ever. The tech company that’s slowly morphed into an in-game advertising firm announced a confusing and seemingly predatory new set of fees for game makers in September...

Even Fans Are Shocked By EA Sports FC 24’s ‘Awful’ $30 Loot Box

2.10.2023
EA Sports FC 24, the latest soccer game in the series previously known as FIFA, has only been out for a little over a week and its loot box antics are already causing some fans to lose it in frustration. The Elite Season Opener Pack costs $30 and went live during the game’s paid “early access”...