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Crypto tumblers, exchanges under microscope as DOJ launches new task force
7.12.2021
Under the pretext of holding corrupt actors accountable, the new taskforce will address crimes related to the criminal misuse of cryptocurrency
Call of Duty QA Testers Face Layoffs After Reportedly Being Promised Raises By Activision
4.12.2021
Today, contract testers at the Call of Duty studio Raven Software were told that the studio would face layoffs on January 28th of next year, a Call of Duty community manager said on Twitter. A source familiar with the goings-on at the company confirmed to Kotaku that for the next few days in early...
Founder of Coin Signals Funds Pleads Guilty in Crypto Scam — Faces up to 10 Years in Prison
2.12.2021
The founder and manager of several cryptocurrency funds has pleaded guilty to luring investors to his crypto investment scam. His funds consistently lost money and his scam left investors with a $5 million loss, according to the U.S. Department of Justice (DOJ). Investors Scammed Into Investing...
Government Officials Pressuring Activision Blizzard Are Now Threatening The Company's Profits
1.12.2021
State treasurers from California, Massachusetts, Illinois, Oregon, Delaware, and Nevada are calling on Activision Blizzard to take more serious measures in addressing ongoing high-profile investigations and lawsuits about the company’s troubling culture. According to Axios, said treasurers have...
Less Than 5 Percent Of Managers At Nintendo HQ Are Women
30.11.2021
Following internal comments by Nintendo of America President Doug Bowser earlier this month about allegations of sexual misconduct and discrimination at Activision Blizzard, Nintendo has updated its Corporate Governance document today with a new commitment to “increase the proportion of women...
PlayStation Faces Gender Discrimination Lawsuit From Former Staffer
23.11.2021
Sony is facing a suit alleging pay disparity, wrongful termination, and other instances of gender-based discrimination. As Axios reports, a former IT staffer filed suit in California district court yesterday.Read more
Activision's Damage Control Reaches Sad New Low
23.11.2021
Faced with internal unrest, plummeting share prices and a growing public relations disaster, the men and women at the very top of Activision Blizzard—the senior executives and board of directors—should all be resigning. Instead, they’ve put out a desperate press release in the middle of the night...
Report: Nintendo Of America President Says Activision's Harassment Stories Are 'Distressing And Disturbing'
23.11.2021
Activision’s self-serving response to historic allegations of abuse and misogyny in its workplace has been drawing a lot of criticism lately, from shareholders demanding the resignation of CEO Bobby Kotick to staff staging multiple walkouts. Now Nintendo of America has reportedly joined the chorus...
US and UK Agree to ‘Heighten the Focus on Illicit Use of Cryptocurrency’
22.11.2021
The U.S. and U.K. governments have “committed and agreed to heighten the focus on illicit use of cryptocurrency and ransomware,” the U.S. Department of Justice announced. According to the FBI, high crypto prices have partially made ransomware “incredibly lucrative for...
Report: Activision CEO Bobby Kotick Will 'Consider' Quitting If He Can't 'Fix' Company's Culture
22.11.2021
Besieged Activision Blizzard CEO Bobby Kotick, who last week was the subject of staff walkouts and shareholder calls for his resignation, has reportedly said he will “consider leaving the company” if he can’t speedily address the harassment issues that have made headlines around the world this...
US Sentences Man to 3 Years in Prison for Operating Unlicensed Bitcoin Exchange Business
21.11.2021
A California man has been sentenced to three years in federal prison “for operating an unlicensed business that exchanged at least $13 million in bitcoin and cash, often for drug traffickers,” the U.S. Department of Justice said. He agreed to forfeit various assets, including seized...
Girls Who Code Ends Relationship With Activision Blizzard Following Latest Revelations
19.11.2021
Nonprofit organization Girls Who Code, which specializes in teaching computer science to young women and other marginalized groups, will no longer affiliate itself with Activision Blizzard, after the multibillion-dollar corporation came under fire yet again in a scathing new round...
Over 1200 Activision Blizzard Employees Sign Petition Demanding CEO Bobby Kotick Quit
19.11.2021
The ABK Workers Alliance, a group of Activision Blizzard workers formed in response to the company’s treatment of its employees, began circulating a petition earlier today for anyone working at the publisher’s studios and offices to sign. It has now been endorsed by over 1200 workers.Read more
DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million
16.11.2021
The U.S. Department of Justice (DOJ) is selling cryptocurrency worth $56 million that was seized from the “number one promoter” of Bitconnect, the largest crypto fraud scheme ever charged criminally. Investors were fraudulently induced to invest over $2 billion. The Bitconnect...
Bobby Kotick Actually Wrote Fran Townsend's Deranged, Company-Wide Email
16.11.2021
Earlier this year, an email was sent to all employees of Activision Blizzard from the email account of Chief Compliance Officer, former Executive Sponsor of the ABV Employee Women’s Network and former Torture Apologist Fran Townsend. Sent in the midst of historic allegations of harassment against...
US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud
16.11.2021
“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department
Calls For Bobby Kotick’s Resignation Intensify As Employees Stage Walkout
16.11.2021
Social media is aflame with demands that video game industry exec Bobby Kotick resign from his position as CEO of Activision Blizzard in the wake of reporting from The Wall Street Journal about his own terrible treatment of women. Leading the charge are Activision Blizzard employees themselves,...
Report: Activision's Bobby Kotick Didn't Just Know, He Also Mistreated Women
16.11.2021
Activision Blizzard CEO Bobby Kotick claimed to be in the dark about widespread allegations of sexual harassment and discrimination that surfaced at the company earlier this year, but according to a new bombshell report by The Wall Street Journal, Kotick wasn’t just aware of the misconduct, he...
If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits
11.11.2021
The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within...
Activision Blizzard Devs Win Better Pay And PTO For Contractors
9.11.2021
The publisher behind Call of Duty: Vanguard and World of Warcraft announced yesterday that it would be improving pay and paid-time-off for contractors at the company, including raising the minimum hourly rate to $17 and paying them even during holiday breaks. The changes came amid renewed scrutiny...