U.S. Department of Justice – DIGIT INFO

DOJ pushes to break up Google’s search monopoly in antitrust case

DIGIT — Fri, 11 Oct 2024 13:49:51 +0000

The US Department of Justice aims to dismantle Google’s dominance in online searches, raising questions about the future of Big Tech and its influence.

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Binance to Withdraw From Canadian Market Due to Regulatory Climate

DIGIT — Sat, 13 May 2023 05:49:56 +0000

Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance Bows Out of Canada Due to Regulatory Guidance The cryptocurrency exchange Binance has decided to withdraw […]

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Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

DIGIT — Tue, 14 Mar 2023 19:30:14 +0000

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and […]

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MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%

DIGIT — Fri, 03 Mar 2023 02:08:00 +0000

MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025.

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US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried

DIGIT — Sat, 21 Jan 2023 16:45:19 +0000

Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions in cash. US Government Seizes Millions in Cash and Robinhood Shares From […]

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Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings

DIGIT — Sun, 08 Jan 2023 18:30:02 +0000

Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S. attorney’s office for the Western District of Washington. Sources Say U.S. Department of Justice Probes American Hedge Funds in Cryptocurrency Investigation […]

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