It has been a truly humbling past 12 months for the crypto sector. The alternative value-transfer vehicle, which was supposed to revolutionize the traditional financial...
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against auto-loan servicer USASF Servicing. USASF is accused of illegally disabling borrowers’ vehicles, improperly repossessing...
A new court ruling has reportedly dampened a recent court victory for the cryptocurrency industry. U.S. District Judge Jed Rakoff ruled Monday (July 31) that cryptocurrencies are considered...
Coinbase CEO Brian Armstrong said a request from the Securities and Exchange Commission (SEC) would have put a stop to all trading on the cryptocurrency platform except for...
Binance and its CEO, Changpeng Zhao, are reportedly fighting back against a complaint filed against the cryptocurrency exchange by the U.S. Commodity Futures Trading Commission (CFTC). They filed a...
The soap opera of Sam Bankman-Fried continues, and the latest developments show the script might be going off the rails. Federal prosecutors petitioned Wednesday (July...
The November 2022 collapse of FTX, one of the largest cryptocurrency exchanges, has sparked an investigation into the company’s finances. The latest development in the...
The Consumer Financial Protection Bureau (CFPB) has sued lease-to-own finance company Snap Finance, alleging deception, consumer law violations and making false threats. The CFPB is now seeking monetary...
The rivalry between two Chinese online retailers spilled over into U.S. federal court. In an antitrust suit filed in Massachusetts last week, Temu accuses fast-fashion...