FTC Announces Settlement Requirements in Data Breach

The South Carolina-based company must delete unnecessary data and increase security measures. The Federal Trade Commission has reached a settlement with Blackbaud, Inc., over charges that inadequate security…

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What’s ahead for U.S. currency? Paper, digital, gold…or?

 Is the United States currency about to undergo significant change? Are you ready? PRAY FIRST for God to be at work in the hearts and minds of federal…

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Justice Department Issues Indictments Over Fentanyl 

Indictments charge Chinese companies and their employees. Attorney General Merrick Garland announced eight indictments charging China-based companies and twelve against Chinese nationals with crimes relating to the production…

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Cryptocurrency Company Settles with FTC

Celsius Network used customer funds for operational purposes and high-risk investments. The Federal Trade Commission (FTC) has reached a settlement with cryptocurrency platform Celsius Network, which permanently bans…

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SEC Head Testifies Before House Financial Services Committee

Congressional chairman questions climate and cryptocurrency decisions. Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), testified before the House Financial Services Committee this week, his…

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FBI Agents Arrest Bitzlato Founder in Miami

Departments of Justice and Treasury disrupt China-based cryptocurrency.  Justice Department officials announced the arrest of Anatoly Legkodymov, the founder of the cryptocurrency exchange company Bitzlato. The FBI made…

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Federal Trade Commission Investigating Crypto Firms

Officials looking into allegations of deceptive conduct.  The Federal Trade Commission said they have opened investigations into unspecified cryptocurrency firms over allegations of “possible misconduct.” The commission has received…

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Treasury Secretary Promotes Cryptocurrency Regulation

She expresses skepticism about the digital asset industry. The collapse of a cryptocurrency exchange known as FTX has been called a “Lehman moment” by Treasury Secretary Janet Yellen.…

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Justice Department Seizes $3.36 Billion in Cryptocurrency

Over 50,000 Bitcoin had been stolen from an illegal marketplace. The Department of Justice has announced its second-largest-ever seizure of cryptocurrency, $3.36 billion in Bitcoin. The cryptocurrency was…

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Administration Focuses on Cryptocurrency Regulation

Federal departments implement actions to curb fraud and money laundering. Administration officials spoke last week about the publishing of reports identifying gaps in cryptocurrency regulation. The reports call…

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