The US Federal Trade Commission (FTC) is investigating several crypto firms it alleges that their advertisements were deceptive or misleading. According to the agency’s public statement on Monday, its...
Tag: FTC
Misleading Crypto Advertising Targeted in Latest FTC Crackdown
The U.S. Federal Trade Commission (FTC) is targeting crypto companies again. This time it is going after what it considers to be deceptive or misleading crypto advertising. On Dec. 5, the consumer pro...
FTC investigating crypto firms over misleading advertising: Bloomberg
The U.S. Federal Trade Commission is looking into several unnamed crypto firms over allegations of deceptive or misleading advertising, the agency told Boomberg News. A spokesperson for the regu...
Dow Stock News: Apple Eyes Manchester United? FTC Seen Challenging Microsoft-Activision Deal
Apple (AAPL) reportedly is interested in U.K. soccer giant Manchester United (MANU). Meanwhile, the Federal Trade Commission reportedly will challenge the planned Microsoft (MSFT) acquisition of Activ...
FTC Could Block Microsoft-Activision Deal in Latest Attempt to Rein in Global Tech Power
The FTC believes that Microsoft acquiring Activision will grant the software giant monopoly of some choice games in the video game space. According to reports, the Federal Trade Commission (FTC) could...
Microsoft bid for Activision likely to be blocked by FTC lawsuit: report
Microsoft’s bid to acquire the video game publisher Activision Blizzard reportedly could face a major roadblock as early as next month. The U.S. Federal Trade Commission (FTC) is likely to file ...
Activision stock falls after report of ‘likely’ FTC antitrust lawsuit against Microsoft acquisition
Activision Blizzard Inc. ATVI, +0.94% shares declined in after-hours trading Wednesday following a report that the Federal Trade Commission was likely to file an antitrust lawsuit to block the videoga...
U.S. FTC Files Motion to Be Included in Celsius Bankruptcy Proceedings – crypto.news
The U.S. Federal Trade Commission (FTC) has filed a motion to be included in Celsius Network’s ongoing chapter 11 proceedings. Lawyers Request For Documents Relevant to Bankruptcy Proceedings In a fil...
Federal Trade Commission (FTC) set to join the Celsius bankruptcy case
Join Our Telegram channel to stay up to date on breaking news coverage The US Federal Trade Commission (FTC) is set to join the ongoing bankruptcy case for the Celsius crypto lending firm. The FTC has...
Federal Trade Commission seeks entry into Celsius bankruptcy case
The Federal Trade Commission filed Tuesday to join the bankruptcy proceedings of crypto lender Celsius. According to court documents, FTC attorneys Katherine Aizpuru and Katherine Johnson have asked ...
Scammers leverage student loan forgiveness, FTC says. Here’s how to protect yourself
President Biden this week announced a long-awaited plan to forgive student debt for millions of borrowers — and criminals will likely leverage the news to steal from unsuspecting victims, the Federal ...
FTC Denies BitMart’s Appeal; Launches Probe On $200 Million Hack
Federal Trade Commission (FTC) has decided to step into the cryptocurrency market by launching an inquiry into the BitMart 2021 hack. It was reported that customers lost around $200 million in the maj...
FTC Investigates BitMart Over Handling of 2021 Hack
The operators of cryptocurrency exchange BitMart are being investigated by the Federal Trade Commission (FTC) over a hack that occurred last Dec. The investigation, the agency’s first-known probe into...
FTC Probe Into $200M BitMart Hack Continues, Doc Block Denied
A Federal Trade Commission (FTC) investigation into crypto exchange BitMart over December’s $200 million security breach will press on. The probe, reportedly the FTC’s first known enquiry within the c...
FTC to probe BitMart over December 2021 hack
The U.S. Federal Trade Commission (FTC) opened an investigation on BitMart on August 11 over a hack from December 2021 after BitMart’s operators — Bachi.Tech and Spread Technologies LLC. — refused to ...
Will The FTC Try To Unwind Northrop Grumman’s 2018 Merger With Orbital ATK?
On July 22, Politico reported based on anonymous sources that Federal Trade Commission lawyers have concluded Northrop GrummanNOC violated the terms of an agreement that the agency imposed as a condit...
Proposed Antitrust Legislation Threatens To Harm U.S. Tech Startups And The Innovation Economy
The recently-released GDP estimates revealed that the economy contracted for the second quarter in a row, and some economists fear that we may already be in a recession. Given the precarious nature of...
‘question is how does FTC look at this?’
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and to take control of their financial futu...
Roughly 70% of $1 Billion Lost to Crypto Scammers Since 2021 Was Bitcoin: FTC
More than 46,000 individuals have lost over a combined $1 billion in crypto-related scams since the beginning of last year, according to the Federal Trade Commission. Approximately $680 million in fra...
FTC report says 70% of crypto stolen since 2021 was Bitcoin (BTC)
The cryptocurrency market has been targeted in various attacks over the past year. A recent report by the Federal Trade Commission (FTC) said that over 46,000 individuals lost more than $1 billion wor...
Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 – FTC
Despite crypto penetrating the masses from Bitcoin ATMs to Super Bowl ads, scams in this sector have been going through the roof because more than $1 billion has been lost since 2021, according to a s...