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The United States Federal Trade Commission, or FTC, said it had started an investigation of crypto lending firm Voyager Digital parallel to the company’s bankruptcy proceedings.In a Feb. 22 filing in U.S. Bankruptcy Court for the Southern District of New York, the FTC said it was investigating Voyager and its
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The US Federal Trade Commission doesn’t want bankruptcy proceedings for the crypto lender to halt its investigation Source
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The FTC issued a press release stating that the $69 billion deal by Activision Blizzard is the largest investment by Microsoft.The Federal Trade Commission (FTC) is seeking to block Microsoft (NASDAQ: MSFT) from acquiring video game company Activision Blizzard (NASDAQ: ATVI) as planned. The Commission said on Thursday that it
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The Federal Trade Commission wants to get involved with failed crypto lender Celsius’ bankruptcy case. Source
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The U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency explained. “2021 numbers are nearly five times those reported in 2020, and more than 25 times those reported in 2019,”
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The U.S. Federal Trade Commission (FTC) on Oct. 26 sent what’s known as a “Notice of Penalty Offense” to more than 1,000 companies, including the crypto exchanges Blockchain, Gemini, U.K.-based Bixo and other fintech and crypto firms. The notices, which warn businesses not to overstate the earning potential of investments
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Andreessen Horowitz’s (a16z) late-stage venture fund has received a green light from the U.S. Federal Trade Commission (FTC) for a transaction involving Coinbase. It is unclear at press time whether the approval is for the fund’s previously disclosed purchase of shares in the cryptocurrency exchange or for a new purchase. Source
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Facebook seems unfazed with the scrutiny, as the company plans to expand its porting tools for images and data. FB stock is slightly up.Facebook Inc (NASDAQ: FB) announced this week that it is considering expanding the data types that users of the platform can directly port to other sites. This
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The Federal Trade Commission (FTC) of the United States has recently banned the operators and promoters of a deceptive cryptocurrency multi-level marketing pyramid scheme, operating under the names ‘Bitcoin Funding Team’ and ‘My7Network.’The FTC has obtained the order from the court in March 2018 against the four operators of the
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