New York’s attorney general filed a lawsuit on Wednesday to shut down the cryptocurrency platform Coinseed for allegedly defrauding thousands of investors, including by charging hidden trading fees and selling “worthless” digital tokens. From a report: Attorney General Letitia James said Coinseed traded cryptocurrencies such as bitcoin without registering as a broker-dealer, and sold “CSD” tokens without authorization to raise money…
Tag: attorney general
To Block Covid-19 Charges, Amazon Sues New York’s Attorney General
The Associated Press reports:
Amazon is suing the attorney general of New York in a bid to stop her from suing the company over its coronavirus safety protocols and the firing of one of its outspoken workers. In the lawsuit filed Friday in Brooklyn federal court, Amazon said Attorney General Letitia James overstepped her authority by trying to regulate coronavirus safety protocols…
Can Oklahoma Return Its $2 Million Stockpile of Hydroxychloroquine?
A nonprofit watchdog news site in Tulsa, Oklahoma reports:
The Oklahoma Attorney General’s Office has been tasked with attempting to return a $2 million stockpile of a malaria drug once touted by former President Donald Trump as a way to treat the coronavirus. In April, Gov. Kevin Stitt, who ordered the hydroxychloroquine purchase, defended it by saying that while it may not…
EFF Reveals Behind-the-Scenes Account of the Fight to Save .ORG
As part of its “Year in Review” series, the EFF shares their dramatic behind-the-scenes details about 2020’s fight over the future of .org domains. It begins when the Internet Society (ISOC) announced plans to sell the Public Interest Registry — which manages the .org top-level domain (TLD) — to private equity firm Ethos Capital. “If you come at the nonprofit sector,…
Justice Department Sues Walmart, Saying it Fueled the Nation’s Opioid Crisis
The Justice Department sued Walmart on Tuesday for what it said was the company’s role in fueling the nation’s opioid crisis by allowing its network of pharmacies to fill millions of prescriptions for opioids, thousands of which authorities said were suspicious. From a report: The 160-page civil complaint alleges that the retail giant knew that its system for detecting illegitimate prescriptions…
Google Sued by States for Abuse of Search-Market Dominance
A bipartisan coalition of states sued Alphabet’s Google Thursday alleging broad antitrust violations in the online search market, marking the third U.S. case against the search giant in two months. From a report: The lawsuit, led by Colorado, Iowa and other states, marks the latest escalation of the antitrust battle against Google. It comes a day after 10 Republican state attorneys…
Texas Plans To Sue Google for Alleged Anticompetitive Behavior
Texas Attorney General Ken Paxton announced Wednesday that he will soon file a multistate antitrust lawsuit against Google and its advertising business, alleging that the company has stifled competition and enjoys “monopolistic power.” From a report: In a tweet, Paxton said the lawsuit will be filed on Wednesday. “This goliath of a company is using its power to manipulate the market,…
Spotify Resets Passwords After a Security Bug Exposed Users’ Private Account Information
Jerry Rivers shares a report from TechCrunch, adding: “…and it took the music service seven months to notice.” From the report: In a data breach notification filed with the California attorney general’s office, the music streaming giant said the data exposed “may have included email address, your preferred display name, password, gender, and date of birth only to certain business partners…
Facebook Antitrust Probes Will Target Acquisition of WhatsApp and Instagram
A group of state attorneys general, led by New York Attorney General Letitia James, is on track to file antitrust charges against Facebook in early December, according to a report Thursday from the Washington Post. CNET: The move comes as the US Federal Trade Commission is also reportedly finalizing its antitrust probe into the social media giant. State and federal investigators…
Apple To Pay $113 Million Settlement Over Its iPhone ‘Batterygate’ Slowdowns
Apple is paying $113 million to settle an investigation by 34 states and the District of Columbia over the company’s practice of slowing down the performance of older iPhones when their batteries degrade. From a report: Apple’s moves weren’t announced by the company, but rather proven by internet sleuths. That led regulators and customers alike to criticize the company for not…