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A former SpaceX security manager, who was privy to top secret information on U.S. government programs, is suing the company and one of its senior employees for alleged discrimination, sexual harassment, and retaliation. Jenna Shumway, who was promoted to Senior Contractor Program Security Officer after being hired in 2022, also alleges the senior employee — … Read more
Despite rising global tensions and a joint U.S.-Israeli attack on Iran’s nuclear facilities, which appears to have fallen short, Bitcoin’s price is holding strong. After briefly dipping to $98,000 over the weekend amid fears of all-out war, BTC has bounced back and is now trading at $107,000. Even violations of the ceasefire by Israel and … Read more
A bill making its way through the New York state legislature would prohibit police from conducting traffic stops for minor violations in an effort to limit unnecessary stops and further “racial equity and public safety.” The proposal would bar officers from pulling people over or searching them for various traffic violations, including having a taillight … Read more
President Donald Trump’s administration told several Planned Parenthood affiliates on Monday that it was withholding funding due to possible violations of civil rights laws, according to reports. Politico reported that tens of millions of dollars were being withheld from Planned Parenthood clinics that provide low-income Americans services like contraception, STI testing and other health services. … Read more
Israel will delay the seventh hostage-prisoner exchange in protest of Hamas’ “humiliating” treatment of hostages, according to Israeli officials. The release of 620 Palestinian prisoners, which was scheduled for Saturday, has been postponed by Prime Minister Benjamin Netanyahu. On Sunday morning, Netanyahu’s office issued a statement condemning Hamas propaganda generated during the exchange. “In light … Read more
A Coinbase shareholder has taken the exchange to court, alleging it misled investors about bankruptcy risks and engaged in risky trading practices. According to the Feb. 18 lawsuit filed in a New Jersey federal court, plaintiff Wenduo Guo claims Coinbase failed to disclose that customer assets could be considered part of its bankruptcy estate, potentially … Read more
Solana-based meme coin deployer Pump.fun continues to draw legal heat as recent allegations claim some tokens launched on the platform violated intellectual property rights. On Feb. 5, Pump.fun a cease and desist letter was issued against Pump.fun by U.S. law firms Burwick Law and Wolf Popper LLP, demanding the removal of several meme coins allegedly … Read more
The logo for the Vanguard Group is shown on correspondence in Zelienople, Pa. Keith Srakocic | AP Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The violations stem from a 2020 change where Vanguard … Read more
South Korea’s largest cryptocurrency exchange, Upbit, is under intense regulatory scrutiny. After being accused of violating over 700,000 Know Your Customer (KYC) and Anti-Money Laundering (AML) obligations, Upbit is facing suspension. According to local media reports published on 16 January 2025, the Financial Intelligence Unit (FIU), a division of South Korea’s Financial Services Commission (FSC), … Read more
Key Takeaways Upbit is facing potential suspension and fines due to AML and KYC violations. The Financial Intelligence Unit found 700,000 KYC procedure failures at Upbit. Share this article Upbit, which dominates South Korea’s crypto trading market, faces potential business suspension and fines due to violations of anti-money laundering (AML) regulations, particularly regarding its Know … Read more
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