justice department

Report: Justice Department Considering Antitrust Lawsuit Against Apple
Report: Justice Department Considering Antitrust Lawsuit Against Apple
January 17, 2024  |  Apple

Apple is reportedly facing an impending antitrust lawsuit in the United States, with the Justice Department preparing to take on the tech giant.  The lawsuit, which could be...

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Report: DOJ and Binance Negotiating Resolution to Investigation
Report: DOJ and Binance Negotiating Resolution to Investigation
November 20, 2023  |  Cryptocurrency

The U.S. Justice Department is reportedly negotiating with cryptocurrency exchange Binance Holdings to resolve a long-standing investigation. The department is seeking a settlement of over $4 billion...

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Tether Disputes Report of Stablecoin Being Used for Illicit Activities
Tether Disputes Report of Stablecoin Being Used for Illicit Activities
October 27, 2023  |  Cryptocurrency

Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin...

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Google Defends Position on First Day of Antitrust Trial
Google Defends Position on First Day of Antitrust Trial
September 12, 2023  |  Legal

During a high-stakes antitrust trial, a Google lawyer, John Schmidtlein, reportedly said that companies choose Google as their default search engine not because of a lack of competition...

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Binance Faces Executive Exodus as DOJ Investigation Looms
Binance Faces Executive Exodus as DOJ Investigation Looms
July 09, 2023  |  Cryptocurrency

Binance has reportedly seen several executives depart amid fears of a U.S. Justice Department investigation. The cryptocurrency giant’s general counsel, head of investigations and chief...

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US Regulators Say AI-Powered Decisions Must Follow the Law
US Regulators Say AI-Powered Decisions Must Follow the Law
April 25, 2023  |  artificial intelligence

Decisions made for companies by artificial intelligence (AI) still have to adhere to the law. So said four federal agencies in a joint statement released...

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Former Investment Banker Charged in Connection With Alleged Crypto Fraud
Former Investment Banker Charged in Connection With Alleged Crypto Fraud
April 11, 2023  |  Security & Fraud

A former investment banker has been arrested and charged with wire fraud in connection with an alleged cryptocurrency fraud. Rashawn Russell, who was a Financial...

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SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
March 15, 2023  |  Banking

New laws, and new investigations, often follow bank crises.  And after the collapse of two banks and one self-liquidation in just five days, calls are growing both for a...

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Biden’s Budget Blueprint Triples Fraud-Fighting Staff
Biden’s Budget Blueprint Triples Fraud-Fighting Staff
March 08, 2023  |  Security & Fraud

Preventing fraud and identity theft is reportedly a key component of President Biden’s cost-cutting plans. The administration’s budget blueprint includes targeting fraud by bolstering the...

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