US FTC (FTC) announced that Cognosphere, a subsidiary of Mihayou and the overseas publisher of "Original God", has agreed to pay $20 million to reach a settlement. In addition to the $20 million fine, Cognosphere's "Cognosphere Pte. Ltd" and "Cognosphere LLC" have also received a number of injunctions, according to a summary of the case released by the US FTC, including: Prohibition of offering only virtual currency purchases when selling unboxing gameplay, and must disclose the probability of w...
The US FTC (FTC) has released a study on partnerships between big tech companies and the artificial intelligence (AI) industry. The FTC examined the partnerships between big tech companies and AI companies, and the report said the Microsoft-OpenAI partnership raised antitrust concerns. The FTC has already questioned major tech AI investments in 2024.
The US FTC (FTC) has released a study of partnerships between big tech companies and the artificial intelligence (AI) industry. The FTC examined partnerships between big tech companies and AI companies, and the report said the Microsoft-OpenAI partnership heightened antitrust concerns. The FTC has already questioned major tech AI investments in 2024.
The Federal District Court for the Southern District of New York issued a consent order against Gemini Trust Company LLC for providing false or misleading information in violation of the Commodity Exchange Act (CEA). Gemini was ordered to pay a $5 million civil penalty and is subject to a permanent injunction. The case involves that between July and December 2017, Gemini submitted false or undisclosed key information to the CFTC to support the self-certification of bitcoin futures contracts, inc...
The U.S. Commodity Futures Trading Commission (CFTC) has announced a default judgment in the case of Mosaic Exchange Ltd. and its owner and CEO, Sean Michael. The CFTC launched an enforcement action alleging the existence of a fraudulent digital asset commodity scheme. The order is based on a lawsuit filed by the CFTC on September 26, 2023, and the default judgment holds Mosaic and Michael responsible for all violations of CFTC regulations alleged in the lawsuit, including fraudulently solicitin...
据crowdfundinsider报道,美国商品期货交易委员会(CFTC)宣布法院针对Mosaic Exchange Ltd.及其所有者兼首席执行官Sean Michael一案作出缺席判决。 CFTC发起执法行动,指控存在欺诈性数字资产商品计划。 该命令基于CFTC 2023年9月26日提起的诉讼,缺席判决认定Mosaic和Michael对诉讼中指控的所有违反CFTC规定的行为负责,包括欺诈性地招揽了美国和其他国家...
U.S. Commodity Futures Trading Commission (CFTC): For the week ended January 7, WTI crude oil speculators increased their net long position by 47,503 contracts to 207,153 contracts.
The US Commodity Futures Trading Commission (CFTC): For the week ended January 7, COMEX gold speculators' net long position increased by 12,116 contracts to 194,499 contracts.