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, […]
Massachusetts Parents Sue School Over AI Use Dispute
The rapid integration of artificial intelligence in education has sparked a significant debate, recently highlighted by a lawsuit from parents in Massachusetts. Jennifer and Dale Harris, parents of a high school senior, are suing Hingham High School after their son received a ‘D’ grade and detention due to the use of AI in a social […]
Wales engineer takes legal action to retrieve lost Bitcoins worth $647 million
In an unprecedented move that intertwines technology, law, and personal stakes, James Howells, a software engineer from Wales, has initiated a legal battle against Newport City Council over a matter involving substantial sums of money. Howells is seeking to recover a hard drive that contains approximately 8,000 Bitcoins, a digital fortune that today is worth […]
Social Platform X Faces Fines Before Resuming Operations in Brazil
In a significant ruling, Brazil’s Supreme Court has mandated that social platform X, formerly known as Twitter, must settle outstanding fines amounting to $5 million prior to resuming its operations in the country. This legal action arose after the platform, owned by Elon Musk, was silenced in Brazil due to its non-compliance with court directives. […]
LTK Drops Lawsuit Against ShopMy
In a significant shift within the influencer monetization landscape, LTK, formerly known as rewardStyle, has decided to end its legal dispute with the rival platform ShopMy. The lawsuit, initially filed in late May, accused ShopMy of false advertising, trademark infringement, and unfair competition. However, as of August 26, the case was dismissed without prejudice, allowing […]