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Legendary Anime Studio Behind Neon Genesis Evangelion Files for Bankruptcy


It’s not every day that you wake up to find a company with a legacy like anime studio Gainax is shutting its doors. The prolific studio behind works like FLCL, Gurren Lagann, and the legendary Neon Genesis Evangelion has been struggling financially for several years. On June 7, the company...

Vanguard files exclusive fund with stress being on cryptocurrency


Investment giant, Vanguard, has filed its initial exclusive fund, inclined towards crypto oriented articles. This has been done with the Securities and Exchange Commission (SEC). The funds are meant to monitor the overall capabilities of an index that calculates investment returns pertaining...

SEC Files Opposition To Ripple’s Latest Motion


A response to Ripple's move to redact and seal the company's business facts was filed by the US Securities and Exchange Commission (SEC) on May 21 in the parties' remedy briefings. The post SEC Files Opposition To Ripple’s Latest Motion appeared first on Cryptonews

Austria’s NOYB Files Privacy Complaint Against OpenAI’s ChatGPT


According to the Austrian privacy advocacy group, the complainant's requests for the OpenAI chatbot to remove or amend the inaccurate response were turned down. Further infringing on the complainant's right to privacy, ChatGPT informed the subject that data modification was not feasible on the...

Consensys files lawsuit against the US ESC over Ethereum


Consensys has sued the Securities and Exchange Commission in support of the Ethereum framework. The company wants to make sure that Ethereum remains a vital and dynamic blockchain platform. They believe Ethereum is the foundation for advanced Web3 innovations, state-of-the art technologies,...

Consensys Files Lawsuit Against the SEC Over Ethereum Regulation


Ethereum developer firm Consensys managed by Joe Lubin has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) over its “overzealous regulation” around the Ethereum blockchain. The post Consensys Files Lawsuit Against the SEC Over Ethereum Regulation appeared first...

Ripple Files Opposition to SEC’s $2 Billion Penalty Request


Ripple opposes the SEC's demand for $2 billion in penalties, proposing a much lower sum of $10 million instead, calling the request an “ongoing intimidation against all of crypto.” The post Ripple Files Opposition to SEC’s $2 Billion Penalty Request appeared first on Cryptonews

Turbulent times ahead as Ripple files response to penalty of $2 billion


The continuing legal encounter between Ripple Labs and the American SEC is climaxing this week. Ripple is planning to file an opposition brief, and its sealed response will be submitted by 22/April/2024. Ripple Lab’s submission of a sealed response will be followed by a version that will...

Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence


Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move, having previously requested that he remain at...

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