Thursday, February 16, 2023

FTX Customers Sue Financial Firms That Found Crypto Exchange ‘Safe and Secure’

Former customers of FTX crypto exchange have sued three venture capital and private equity firms, accusing them in a proposed class action of fraudulently promoting the cryptocurrency exchange before it went bankrupt. According to a complaint filed late Tuesday in San Francisco federal court, Sequoia Capital, Thoma Bravo and Paradigm were "incentivized" in 2021 and 20...

from Gadgets 360

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Musk Says xAI to Take Legal Action Against Apple Over App Store Rankings

Elon Musk accused the Apple of breaching antitrust regulations in managing the App Store rankings and said that his artificial intelligence ...