• FTX’s Singh pleads guilty as pressure mounts on Bankman-Fried

    NEW YORK, Feb. 28 (Reuters) – Nishad Singh, the former technical director of now-bankrupt cryptocurrency exchange FTX, pleaded guilty to US criminal charges on Tuesday and agreed to cooperate with prosecutors’ investigation into FTX founder Sam Bankman Fried. “I’m incredibly sorry for my role in all of this,” Singh said, adding that in mid-2022 he […]

  • $3.7 billion UK mass action against Facebook for market dominance rejected – for now

    LONDON, Feb. 20 (Reuters) – Facebook on Monday temporarily dropped a £3 billion ($3.7 billion) class action lawsuit over allegations the social media giant abused its dominant position to monetize users’ personal data . However, a London court gave the proposed plaintiffs’ lawyers up to six months to “have another try” to establish any alleged […]