Nishad Singh, the former chief engineer at FTX, recently gained an unexpected reprieve in the high-profile FTX fraud case that has rocked the crypto industry. Rather than facing imprisonment, Singh received a sentence of three years of supervised release. This leniency stems from his cooperation in the investigation that ultimately implicated FTX’s founder, Sam Bankman-Fried, […]
US FTC Bans Fake Online Reviews to Ensure Marketplace Integrity
In a significant move to enhance consumer trust and promote fair competition, the Federal Trade Commission (FTC) of the United States recently enacted a stringent rule banning the creation, purchase, and dissemination of fake online reviews. This legislation targets various deceptive practices, including the use of fictitious identities to post reviews, AI-generated testimonials, and reviews […]