Sues
- Technology
The US SEC sues New Jersey-based Tingo Group, which sells phones to African farmers, for allegedly booking billions in false transactions via two subsidiaries (Bloomberg)
Bloomberg: The US SEC sues New Jersey-based Tingo Group, which sells phones to African farmers, for allegedly booking billions in…
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Equity management service Carta cuts 10% of its staff, possibly impacting ~200 workers, as it sues a former CTO; the company was valued at $7.4B in August 2021 (Natasha Mascarenhas/TechCrunch)
Natasha Mascarenhas / TechCrunch: Equity management service Carta cuts 10% of its staff, possibly impacting ~200 workers, as it sues…
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The CFTC sues Sam Bankman-Fried on fraud charges, alleging FTX "misappropriated customer funds", violated its TOS, extended Alameda unlimited credit, and more (Bloomberg)
Bloomberg: The CFTC sues Sam Bankman-Fried on fraud charges, alleging FTX “misappropriated customer funds”, violated its TOS, extended Alameda unlimited…
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The FTC sues to block Microsoft's $69B acquisition of Activision Blizzard, charging that the deal would allow Microsoft to suppress its competitors in gaming (Washington Post)
Washington Post: The FTC sues to block Microsoft’s $69B acquisition of Activision Blizzard, charging that the deal would allow Microsoft…
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