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The founder of a San Francisco-based AI startup called On Platform was arrested after being accused of defrauding investors of $60 million.

Artificial Intelligence

Man Arrested for Raising $60 Million for AI Startup, Instead Spending It on Luxurious Lifestyle

By Victor Tangermann

OpenAI and its embattled CEO, Sam Altman, are apparently being investigated by the SEC about statements made to the company's investors.

Sam Altman Under SEC Investigation for Potentially Misleading Investors

By Noor Al-Sibai

The head of the SEC thinks it's chill for FTX to be rebooted as long as whoever does it follows the letter of the law.

SEC Chair Says Fine, Go Ahead and Start FTX Up Again

By Noor Al-Sibai

The financial industry's increasing reliance on AI will most likely trigger the next financial crisis, according to the SEC chairman.

Artificial Intelligence

SEC Head Says It’s a Near-Certainty That AI Will Cause a Financial Crash

By Sharon Adarlo

Binance was left to clean up the mess last fall when FTX crashed — but now, the world's biggest crypto exchange is itself falling apart.

The World’s Biggest Crypto Exchange Appears to Be Melting Down

By Noor Al-Sibai

The SEC Is Going After Mila Kunis’ NFT Project

The SEC Is Going After Mila Kunis’ NFT Project

By Noor Al-Sibai

In a 2020 paper, SEC chief Gary Gensler warned that AI could lead to disastrous uniformity and interconnectedness in financial structures.

Artificial Intelligence

SEC Head Fears AI Could Cause a Financial Crash

By Maggie Harrison Dupré

The SEC is officially accusing Binance, the largest cryptocurrency exchange by volume, of breaking US securities rules.

Crypto Falls as SEC Sues Binance

By Victor Tangermann

Coinbase just sued the Securities and Exchange Commission (SEC), about a month after being threatened by the SEC with potential litigation.

Coinbase Is Suing the SEC

By Maggie Harrison Dupré

Tesla CEO Elon Musk sold almost $3.6 billion of his Tesla shares — just before the company revealed disappointing fourth-quarter results to investors.

Elon Musk Ditched Tesla Stock Right Before Bad News Dropped

By Victor Tangermann

Kim Kardashian is to pay a $1.26 million penalty to the SEC for allegedly pushing crypto token EMAX without disclosing how much she was paid to do so.

Kim Kardashian Ordered to Pay Million Dollar Penalty for Pushing Crypto on Instagram

By Maggie Harrison Dupré

The SEC is yet again investigating Tesla CEO Elon Musk.This time, Musk and his brother are being investigated for possibly violating insider trading rules.

Elon Musk Gets Probed

By Victor Tangermann

Elon Musk's back at it again, folks — and this time, he's accusing the federal government's Securities and Exchange Commission of leaking.

Elon Musk’s Lawyer Accuses Government of “Leaking” Information About Him

By Noor Al-Sibai

Musk accused the SEC of attempting to “chill” his free speech during its investigation into his controversial tweet about taking Tesla private in 2018.

Elon Musk Accuses the SEC of Trying to Keep Him From Posting Dumb Tweets

By Tony Ho Tran

John McAfee, software pioneer, has died by apparent suicide in his Spanish prison cell Wednesday evening, the New York Post reports.

John McAfee Found Dead in Prison Cell

By Victor Tangermann

According to documents obtained by The Wall Street Journal, Tesla failed to preapprove CEO Elon Musk's tweets, as it was required to do by a court order.

SEC Report: Tesla Failed to Control Elon Musk’s Tweets

By Victor Tangermann