Crypto Is Back From the Dead After Court Ruling. Why It’s a Big Moment.

The FTC investigates ChatGPT over AI data fears, retailers face a crucial back-to-school spending season, and other news to start your day.

• 2023-07-14
• The Federal Reserve Federal Trade Commission Alex Mashinsky Nokia Ericsson Crypto

An Arrest, a Ruling, a Rally: Crypto’s Wild Day in the Courts

(Bloomberg) -- It was a day that started with something of a bang: the charismatic Alex Mashinsky, former chief executive officer of bankrupt crypto lender Celsius Network under arrest and charged with fraud. Most Read from BloombergEx-Celsius CEO Alex Mashinsky Charged With Crypto FraudDeSantis Says No Thanks to $377 Million in US Energy FundsHow Much Income You Need to Crack America's Richest 1%Fund Titans Are Betting on Everything Gaining Against the DollarSingapore Minister Faces Most Seriou

• 2023-07-14
• Alex Mashinsky Commodity Futures Trading Commission Bloomberg Federal Trade Commission XRP Ripple Labs Celsius Network US Department of Justice Securities and Exchange Commission Mashinsky institutional investors

Ex-Celsius CEO Mashinsky Charged in Latest DOJ Crypto Case

(Bloomberg) -- The former chief executive officer of bankrupt crypto lender Celsius Network Ltd. was charged with fraud and sued by three regulatory agencies over the company’s collapse.Most Read from BloombergFund Titans Are Betting on Everything Gaining Against the DollarSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsNATO Is Papering Over the Cracks After Zelenskiy Loses His CoolInflation at 3% Flags End of Emergency, Turni

• 2023-07-13
• Alex Mashinsky Commodity Futures Trading Commission Bloomberg Mashinsky Federal Trade Commission Celsius Network

Crypto Lender Celsius CEO Alex Mashinsky Arrested, Sued by Regulators

Celsius Network founder Alex Mashinsky was arrested in New York early Thursday and charged with securities fraud.

• 2023-07-13
• Alex Mashinsky Commodity Futures Trading Commission Federal Trade Commission Mashinsky Celsius Network

It’s Not Just Fraud That Chilled Crypto Regulation

While it’s easy to blame the recent shift in the regulatory mood regarding crypto markets on certain bad actors, the real roots lie beyond the crypto ecosystem, says Noelle Acheson.

• 2023-03-14
• President Joe Biden White House executive order digital assets Consumer Financial Protection Bureau Federal Trade Commission crypto regulation Commodity Futures Trading Commission administration ecosystem

Want to avoid crypto scams? The FTC says do these three things

Crypto scammers siphoned $1 billion from Americans from January 2021 through March 2022. The median loss for one of those scams was $2,600, according to the Federal Trade Commission, and the FTC is now advising people to avoid getting involved in crypto investments with their local community. No one can guarantee crypto investment riches.

• 2023-03-11
• crypto investment Federal Trade Commission