Tag Archives: suing

The crypto founder going on the offensive in the industry’s latest battle with the Securities and Exchange Commission (SEC) called out a lack of understanding as a big problem among regulators. Terraform Labs co-founder and CEO Do Kwon, who sued the SEC Friday to quash a recent subpoena, explained to Yahoo Finance at Monday’s All Markets Summit that regulators are still learning that some of the code and protocols launched in the sector are no longer controlled by centralized entities, but… Source link

In a flipping of the script, a leading cryptocurrency project and its co-founder are suing the Securities and Exchange Commission (SEC). The lawsuit was filed Friday by Terraform Labs, the company behind the Terra decentralized finance protocol, and its co-founder Do Kwon, who confirmed in the filing that he and his company were served with SEC subpoenas at last month’s Messari crypto conference in New York City. Terra’s Luna cryptocurrency is currently the 11th largest by market… Source link

FRANKFORT, Ky. (KT) – Attorney General Daniel Cameron has joined a coalition of 37 states and the District of Columbia to file an antitrust lawsuit against Google.  The suit claims Google unfairly restricted competition with the Google Play Store, harming consumers by limiting choice and driving up app prices. This antitrust lawsuit is the newest legal action against the tech giant,… Source link

Attorneys general from 36 states and one district are suing Google for alleged anti-competitive practices — this time, over its Google Play app store. The suit turns up the heat on Big Tech companies, which are also facing a growing pile of antitrust suits, fending off bipartisan antitrust legislation from the House of Representatives, and preparing for more intense scrutiny from the Federal Trade Commission now that it’s headed by antitrust expert and Big Tech critic Lina Khan. The… Source link

The suit, which could be filed as early as Wednesday, alleges that Google abused its dominance in the mobile ecosystem to favor its own Google Play Store, reducing competition in the process, the person said. The suit also takes aim at the fees that Google charges developers for in-app purchases, according to the source. Bloomberg was first to report the lawsuit. It is unclear which states are involved in the suit. Court records reviewed by CNN Business on Wednesday showed that a case against… Source link

Former President Donald Trump walks on stage during a rally at on July 3, 2021, in Sarasota, Fla. Trump has announced he is suing three of the country’s biggest tech companies: Facebook, Twitter and Google. Jason Behnken/AP hide caption toggle caption … Source link

Jaap Arriens | NurPhoto | Getty Images Former President Donald Trump said Wednesday he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai. Trump, who has a history of threatening legal action but not always following through, made the announcement at his golf club in Bedminster, New Jersey, at 11 a.m. ET alongside two leaders from America First Policy Institute, the pro-Trump nonprofit group that is supporting the… Source link

NASHVILLE, TN (WSMV) – Attorney General Herbert H. Slatery III is jumping onto a lawsuit filed by 37 other states Attorneys General to sue Google.  The suit claims that Google uses illegal, anticompetitive, and unfair business practices. Slatery is accusing Google of using its power to restrict competition with the Google Play Store which is in turn causing harm to consumers by limiting their choices. Slatery also claims that is driving up app… Source link

Ben Zobrist, seen here in 2019, is seeking $6 million in damages amid claims that his former pastor was sleeping with his wife and defrauding his charity. (Dylan Buell/Getty Images) Former Chicago Cubs star Ben Zobrist filed a lawsuit last month alleging that his former minister had a sexual relationship with his wife and defrauded his charity foundation, according to the Chicago Tribune. Zobrist is seeking $6 million in damages in the lawsuit against Byron Yawn, his former pastor and current… Source link

Google’s offices stand in downtown Manhattan on October 20, 2020, as the Justice Department and 11 states Tuesday filed an antitrust case against the company. (Spencer Platt / Getty Images) Subscribe to The Nation Subscribe now for as little as $2 a month! Thank you for signing up for The Nation’s weekly newsletter. Thank you for signing up. For more from The Nation, check out our latest… Source link