Tag: FTC
FTC enhances investigative procedures to deal with AI-related lawbreaking
The U.S. Federal Trade Commission (FTC) has announced the approval of a new streamlined process for investigating cases involving the unlawful use of [...]
Former Celsius CEO Mashinsky seeks dismissal of FTC case
Alex Mashinsky, founder and former CEO of now-bankrupt crypto lender Celsius, filed a new motion in court seeking the dismissal of the United States F [...]
Alex Mashinsky Seeks to Quash FTC Case as He Defends Criminal, CEL Token Charges
Mashinsky, alongside his former Chief Technology Officer Hanoch “Nuke” Goldstein, argued the FTC would need to make more rules before taking on novel [...]
FTC allows Amgen Horizon Therapeutics deal to move forward
The Amgen logo is displayed outside Amgen headquarters on May 17, 2023 in Thousand Oaks, California.Mario Tama | Getty ImagesThe Federal Trade Commiss [...]
Celsius ‘pleased’ with resolutions amid $4.7B FTC fine
Bankrupt crypto lender Celsius Network has posted that the company is pleased with the resolutions that it was able to reach with various United State [...]
FTC takes aim at OpenAI’s ChatGPT with lengthy criminal investigation questionnaire
OpenAI, maker of AI chatbot ChatGPT and related products, has received a criminal investigative demand (CID) from the United States Federal Trade Comm [...]
Celsius Network fined $4.7B by FTC
The United States Federal Trade Commission has issued a $4.7-billion fine against bankrupt crypto lender Celsius Network. However, the judgement will [...]
Horizon Therapeutics-Amgen deal could close Q3 if FTC block fails
Robert Galbraith | ReutersHorizon Therapeutics expects its $27.8 billion sale to Amgen to close as early as the end of the third quarter, earlier than [...]
FTC preparing to block Amgen-Horizon Therapeutics deal, report says
Robert Galbraith | ReutersHorizon Therapeutics' stock price plunged more than 17% in premarket trading Tuesday after a report that the Federal Trade C [...]
Crypto Lobbying Needs a Reset: More FTC, less SEC
Crypto is no stranger to these problems – not because its business leaders are any more or less inclined to behave badly, but because, as in other ind [...]
FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto
The United States Federal Trade Commission, or FTC, said it had started an investigation of crypto lending firm Voyager Digital parallel to the compan [...]
Voyager Being Probed For Deceptive Crypto Marketing, FTC Says
The US Federal Trade Commission doesn’t want bankruptcy proceedings for the crypto lender to halt its investigation
www.coindesk.com [...]
Christine Wilson, Only Republican FTC Commissioner, Will Resign
Christine Wilson, the sole Republican commissioner at the F.T.C., criticized Lina Khan, the Democratic chair of the agency, accusing her of an “abuse [...]
FTC opposes Microsoft’s metaverse-focused Activision Blizzard purchase
Microsoft’s attempt to acquire Activision Blizzard — a move originally aimed toward building Metaverse initiatives — hit a roadblock after an interven [...]
Lina Khan’s FTC is fighting with Microsoft over the Activision Blizzard deal
The Federal Trade Commission (FTC) is suing to block Microsoft’s massive $69 billion acquisition of video game giant Activision Blizzard, saying it [...]