SEC Awards $40 Million to Two Whistleblowers

SEC

The Securities and Exchange Commission today announced awards of approximately $40 million to two whistleblowers whose information and assistance contributed to the success of an SEC enforcement action. read more »

Facebook whistleblower eyes state AGs, expanding regulatory threat beyond Washington

WASHINGTON POST

State attorneys general played a critical role in curtailing the power of the tobacco industry. Now lawyers representing Facebook whistleblower Frances Haugen are targeting attorneys general in states like California and Massachusetts in the hopes they could play a similar role in imposing limits on the social network. read more »

Ex-Boeing 737 MAX chief technical pilot indicted for fraud - U.S. Justice Dept

A former chief technical pilot for Boeing Co (BA.N) was charged on Thursday with deceiving federal regulators concerning the company's 737 MAX plane, the U.S. Justice Department said. read more »

CFTC Orders Tether and Bitfinex to Pay Fines Totaling $42.5 Million

CFTC

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Tether Holdings Limited, Tether Limited, Tether Operations Limited, and Tether International Limited (d/b/a Tether) for making untrue or misleading statements and omissions of material fact in connection with the U.S. dollar tether token (USDT) stablecoin. The order requires Tether to pay a civil monetary penalty of $41 million and to cease and desist from any further violations of the Commodity Exchange Act (CEA) and CFTC regulations, as charged. read more »