Regulators Going After Crypto Firms A number of crypto firms have felt the sting of regulators recently. The most recent one is Genesis Global Trading. New York’s DFS fined them $8 million and required them to surrender their license for failure to comply with money laundering and other laws. Of course, a key purpose for […]
Continue reading → [DISPLAY_ACURAX_ICONS]The FTC announced today its first ever settlement with a data broker for selling location data. The FTC alleged that the data broker, Outlogic, formerly known as X-Mode Social, sold precise consumer location data and allowed third parties to track visits to health care providers, houses of worship and other sensitive destinations. The FTC claims […]
Continue reading → [DISPLAY_ACURAX_ICONS]Likely for the next couple of years, the FTC will intensify its battle on the privacy front. If the White House changes from blue to red, this will likely change, but for the moment, unless Congress acts, the FTC is going to be the lead player. An Idaho based company that sells user data collected […]
Continue reading → [DISPLAY_ACURAX_ICONS]Anonymous Seems to be doing Better Against Russia than Past Efforts Anonymous, the hacking collective, historically has made claims about how effective they are that have not panned out. However, against Russia, they seem to be pretty effective. Whether that means that they are more focused now or instead, that Russia’s defenses are not very […]
Continue reading → [DISPLAY_ACURAX_ICONS]LA Police Collected Social Media Account Info From People They Talked To I’m sure they were just curious. The LA police watchdog says that officers were instructed to collect civilians’ social media details when they interviewed them. An Email from the Chief dating back to 2015. He said it could be beneficial to investigations and […]
Continue reading → [DISPLAY_ACURAX_ICONS]If You Thought the FTC Was Toothless Before, Just Wait I always complained that the FTC’s penalties were way too meek. Now I understand why, but it has just gotten MUCH worse. 99.99% of the blame goes to Congress. Initially, the FTC could not bring lawsuits against businesses at all. All they could do was […]
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