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Prager Metis to pay $745K to Settle SEC charges over FTX audit misconduct
17.9.2024
The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards.
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
5.9.2024
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against...
Watchdog alleges Super Micro is riddled with accounting, sanctions scandals
27.8.2024
Hindenburg Research has uncovered evidence of big problems with a major AI hardware provider
Disney Says ‘X-Men ’97’ Creator Fired For Misconduct After He Blames Gay Pride Post For Loss Of Season 2 Credits
16.8.2024
X-Men ’97 creator and head writer Beau DeMayo was removed from the show and later stripped of credit for its second season. He now says that was over a gay pride post he made on Instagram last June. A statement from Disney claims that’s false and that the creative was fired over “egregious”...
SEC Ordered to Pay $1.8M for Misconduct — Debt Box Hails ‘Monumental Victory’ for Crypto Industry
29.5.2024
A federal judge has ordered the U.S. Securities and Exchange Commission (SEC) to pay over $1.8 million in its case against the crypto firm Digital Licensing, also known as Debt Box. The penalty resulted from the SEC’s bad faith conduct in obtaining and defending an ex parte temporary...
Eclipse Appoints New CEO as Neel Somani Faces Sexual Misconduct Accusations
16.5.2024
Eclipse Labs founder and CEO Neel Somani has officially stepped down and been replaced by Vijay Chetty “effective immediately” following allegations of sexual misconduct.
The post Eclipse Appoints New CEO as Neel Somani Faces Sexual Misconduct Accusations appeared first on Cryptonews
Eclipse Labs Promotes Vijay Chetty to CEO Nearly a Week After Neel Somani's Ouster
16.5.2024
Neel Somani, the founder and CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced
Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims
16.5.2024
Eclipse’s chief growth officer Vijay Chetty was named CEO “effectively immediately” with the firm announcing that Neel Somani was departing
Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface
10.5.2024
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...
Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations
10.5.2024
Eclipse Labs founder and CEO Neel Somani, has announced he is "temporarily reducing" his role as a public face for the firm following serious allegations of sexual misconduct.
The post Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations appeared first on Cryptonews
Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims
10.5.2024
Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm
Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back
10.5.2024
Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were "false."
Bankruptcy law firm S&C absolved from misconduct according to new FTX proposal
8.5.2024
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities
South Korean Politicians Accuse Each Other of Crypto Misconduct Ahead of Election
2.4.2024
South Korean politicians are accusing one another of crypto-related wrongdoings ahead of parliamentary elections in the nation on April 10.
The post South Korean Politicians Accuse Each Other of Crypto Misconduct Ahead of Election appeared first on Cryptonews
Binance Exec Staged Elaborate Escape, May Have Evaded Flights: Nigerian Official
1.4.2024
Binance executive Nadeem Anjarwalla absconded from Nigerian custody in February after his arrest. At the time, he was detained along with American colleague Tigran Gambaryan on accusations of misconduct related to the exchange.
The post Binance Exec Staged Elaborate Escape, May Have Evaded Flights:...
Former SEC Official Lambasts Voyager and Dallas Mavericks Partnership, Suggests NBA Ban on Crypto Sponsorships
9.2.2024
Yesterday, a former SEC official targeted the NBA’s decision to greenlight a partnership between the cryptocurrency exchange Voyager Digital and the Dallas Mavericks. The former internet enforcement chief for the Securities and Exchange Commission John Reed Stark said that the NBA should...
Five Former Ubisoft Execs Arrested By Police For Questioning About Sexual Misconduct Allegations
4.10.2023
Three years after allegations of sexual misconduct inside Assassin’s Creed publisher Ubisoft first surfaced, French authorities are moving ahead with a criminal investigation. Five former executives were detained for questioning on October 3, including former VP Tommy Francois, and CEO Yves...
SEC Chair Gensler: Crypto Industry Plagued by Misconduct and Legal Challenges
14.9.2023
Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), has once again expressed concerns about the prevalence of compliance issues and misconduct in the crypto space.
During a recent conference hosted by Better Markets, Gensler acknowledged that while not all tokens can...
SEC Chair: Crypto Is a Field Rife With Fraud, Abuse, Misconduct — ‘It’s Daunting’
14.9.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testified before the Senate Banking Committee, stating that crypto is “a field which is rife with fraud, abuse, and misconduct.” He also stated that the securities regulator is still reviewing applications for spot bitcoin...
DOJ Demands Revocation of Bankman-Fried’s Bail, Wants Him Confined in Metropolitan Detention Center for Trial
4.8.2023
After accusations against the disgraced FTX co-founder, Sam Bankman-Fried, for allegedly meddling with a witness by providing the New York Times with excerpts from former Alameda Research CEO Caroline Ellison’s private journal, the legal team representing Bankman-Fried countered by insisting...