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Political correctness in AI systems is the biggest concern: Elon Musk
24.5.2024
Some of today’s most prominent artificial intelligence projects are being trained to “basically lie,” according to Musk
Coinbase’s Legal Woes Deepen As Customers File Lawsuit Over Alleged Deception
6.5.2024
Coinbase faces a new legal battle as customers filed a class-action lawsuit on Friday. The suit accuses two of the exchange's subsidiaries of repeatedly breaking securities laws since Coinbase began operating.
The post Coinbase’s Legal Woes Deepen As Customers File Lawsuit Over Alleged...
Coinbase faces new lawsuit over alleged investor deception
5.5.2024
The plaintiffs claim Solana (SOL), Polygon (MATIC), Near Protocol (NEAR), Decentraland (MANA), Algorand (ALGO), Uniswap (UNI), Tezos (XTZ), and Stellar Lumens (XLM) are securities
Australian court rules against Qoin issuer BPS Financial on 4 charges
3.5.2024
Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC
Indian Media Leverages Blockchain Tech to Verify General Election News
2.4.2024
A Taiwanese blockchain tech firm is teaming up with journalists to fact-check the upcoming election in India in a battle against digital deception.
The post Indian Media Leverages Blockchain Tech to Verify General Election News appeared first on Cryptonews
Thai SEC Charges Former Zipmex CEO with Corruption and Deception
8.2.2024
Thailand’s Securities and Exchange Commission (SEC) has charged Akarlap Yimwilai, the former CEO of Zipmex Thailand, with corruption and deception. According to an official statement released on Thursday, the SEC’s investigation revealed that customer assets held in Zipmex...
XRP Price Prediction as It Holds Above Crucial 200-day EMA – A Sign of Stability or Deception?
19.1.2024
The XRP price has declined by 2.5% in the past 24 hours, sliding to $0.5497 as the crypto market as a whole falls by 3% today. XRP has also decreased by 7.5% in the past week and by 10% in a month, although the altcoin remains up by 42% in the past year. And while […]
The post XRP Price...
New Documentary Exposes the Turbulent Downfall of FTX and Sam Bankman-Fried
15.10.2023
According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26 debut. It promises a deep dive into the staggering...
Craig Wright’s ‘Lies and Deception’ Justify Minimal Damages Claim, UK Judges Say
26.7.2023
Wright says he is the true identity of Bitcoin founder Satoshi Nakamoto, and took a libel case against crypto podcaster Peter McCormack
SEC’s Gary Gensler believes AI can strengthen its enforcement regime
18.7.2023
Gensler highlighted market surveillance and three other use cases in which the securities regulator staff could benefit from making greater use of AI
FTC Slaps Crypto Lender Celsius With $4.7B Fine for Deceiving Consumers and Mismanaging Deposits
13.7.2023
On Thursday, following the U.S. Securities and Exchange Commission (SEC) suing the insolvent crypto lender Celsius, the Federal Trade Commission (FTC) divulged a settlement with the firm and imposed a $4.7 billion fine for “duping consumers.” Nevertheless, the penalty will be deferred to enable...
Gemini Files Lawsuit Against Digital Currency Group and Barry Silbert Alleging Fraud and Deception
7.7.2023
After Gemini co-founder Cameron Winklevoss published an open letter to Digital Currency Group (DCG) CEO and founder Barry Silbert, threatening legal action if the firm failed to respond by July 7, Winklevoss announced on Friday that his company had filed a lawsuit against DCG and Silbert in...
Call Of Duty Now Tricks Cheaters With Fake Enemies
30.6.2023
Developers Infinity Ward and Raven Software have introduced new anti-cheat tech that’ll troll Call of Duty: Modern Warfare 2 and Warzone 2.0 hackers in a hilarious way: introducing hallucinations that only cheaters can see.Read more
Someone Just Won The Biggest, Wildest Pot In TV Poker History
31.5.2023
What’s the most you’ve ever won in a single hand of poker with some friends? Maybe $50? $60? Perhaps you got really lucky at a casino and walked away with a few hundred. A pleasant evening, but that’s nothing compared to what one player won last night during a livestreamed poker tournament. When...
Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’
26.5.2023
The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract
Super Mario Bros. Movie Pirates Getting Hit With Malware
18.5.2023
If you thought you were being slick by downloading illegal uploads of The Super Mario Bros Movie online (and perhaps uploading them in parts to Twitter), there’s a chance your computer has a mystery item box of its own in the form of a malicious virus—womp womp. Read more
New Call Of Duty: Warzone 2.0 Update Takes Cheaters' Guns Away
6.4.2023
No one likes cheaters, especially not the Ricochet Anti-Cheat team, Call of Duty’s dedicated cheat-busting unit. On April 4, Ricochet put out a brief report detailing how it’s preserving the integrity of the game. They’ve got some pretty hilarious ways of screwing over cheaters, from making their...
Examiner finds customer deception, ‘very Ponzi-like’ use of funds at Celsius
31.1.2023
The court-appointed examiner found many intentional and unintentional shortcomings at the bankrupt crypto lender dating back to its founding
US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse
13.12.2022
According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman Gary Gensler explained that the U.S. financial regulator alleges that SBF “built a house...
Pro Poker Cheating Scandal Takes Weird Twist After Crew Member Caught Stealing Chips
10.10.2022
As the fuss following the accusations of cheating against poker player Robbi Jade Lew somehow still rumble on, an investigation by the casino in which the game took place has revealed an employee dipping into Lew’s stack as the brouhaha went down. He took $15,000, before later being caught.Read more