Lejilex Accuses SEC of Exceeding Regulatory Authority
Texas-based crypto startup Lejilex has accused the United States Securities and Exchange Commission of exceeding its regulatory authority. Lejilex, a crypto startup, and the United States Securities and Exchange Commission have submitted opposing briefs for summary judgment in a federal court in Texas, which has significantly escalated their legal dispute regarding the classification of cryptocurrency. […]
US, SEC Support Crypto Sales Lawsuit Against Nvidia in Supreme Court
The U.S. Justice Department and SEC urged the Supreme Court to allow a class action lawsuit against Nvidia, alleging the company misled investors about sales to crypto miners. The United States Justice Department and the Securities and Exchange Commission have informed the Supreme Court that an investor class suit against Nvidia, which alleges that the […]
Africa Launches All-Women AI PhD Program
A groundbreaking Africa-Europe collaboration led by CORE AI aims to train 700 African PhDs in AI over the next decade, starting with an all-women cohort in 2025. The objective of a groundbreaking Africa-European partnership is to provide 700 African Doctor of Philosophy (PhDs) with training in artificial intelligence (AI) within the next decade. Nevertheless, the […]
US Court Reopens AT&T $24M SIM Swap Case
The U.S. Court of Appeals reopened a case against AT&T over a 2018 SIM swap that led to the theft of $24 million in cryptocurrency. The United States Court of Appeals for the Ninth Circuit has reopened a case against AT&T, an American multinational telecommunications company. This company’s employees were responsible for enabling a Subscriber […]
US Imposes New Sanctions on Russia-Based Evil Corp
The U.S. Treasury, in coordination with the UK and Australia, sanctioned seven members and two entities linked to Russian cybercriminal group Evil Corp. Continuing its efforts to combat cybercriminals, the United States Treasury has sanctioned Russia’s Evil Corp members in partnership with the United Kingdom and Australia. The group is notorious for deploying Dridex malware […]