CoinSwitch, a prominent Indian cryptocurrency exchange, is suing rival platform WazirX to recover trapped funds, revealing the scope of the damage wrought by a cyber attack at WazirX that resulted in $ 230 million worth of digital assets being stolen. The move comes more than a month after WazirX, one of India’s largest crypto exchanges, […]
Justice Department sues RealPage over allegedly helping landlords collude to drive up rents
RealPage, which makes property management software, was sued Friday by the U.S. Justice Department and eight attorneys general for allegedly helping apartment and building managers around the country collude to drive up unit prices. The Richardson, Texas-based outfit is accused of contracting with rival landlords to absorb info about their rates and lease terms to […]
Texas sues GM, saying it tricked customers into sharing driving data sold to insurers
Texas filed a lawsuit Tuesday against GM over years of alleged abuse of customers’ data and trust. New car owners were presented with a “confusing and highly misleading” process that was implied to be for their safety, but “was no more than a deceptively designed sales flow” that surrendered their data for GM to sell. […]
US sues Adobe for hiding termination fees and making it difficult to cancel subscriptions
The U.S. Department of Justice has filed a lawsuit against Adobe alleging that the company deceives consumers by hiding the early-termination fee and making it difficult for people to cancel their subscriptions. In the complaint filed on Monday, the DOJ wrote that “Adobe has harmed consumers by enrolling them in its default, most lucrative subscription […]
Elon Musk sues OpenAI and Sam Altman over ‘betrayal’ of non-profit AI mission
Elon Musk sued OpenAI, its co-founders Sam Altman and Greg Brockman and affiliated entities on Thursday, alleging the ChatGPT makers have breached their original contractual agreements by pursuing profits instead of the nonprofit’s founding mission to develop AI that benefits humanity. Musk, a co-founder and early backer of OpenAI, claims Altman and Brockman convinced him […]