Tag Archives: lawsuit

Tether Was Playing a Risky Game, a New Celsius Suit Reveals

On June 12, 2022, Alex Mashinsky, founder of crypto lender Celsius, made an urgent plea for help. As the price of bitcoin crashed, panicked customers were rushing to withdraw billions of dollars’ worth of crypto from their Celsius accounts. But after a series of bad investments, the company no longer …

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What ScarJo v. ChatGPT Could Look Like in Court

In a product demo last week, OpenAI showcased a synthetic but expressive voice for ChatGPT called “Sky” that reminded many viewers of the flirty AI girlfriend Samantha played by Scarlett Johansson in the 2013 film Her. One of those viewers was Johansson herself, who promptly hired legal counsel and sent …

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TikTok Sues the US Government to Stop a Potential Ban

TikTok sued the US federal government on Tuesday, arguing that the possible app ban violates the First Amendment. Last month, President Biden signed a bill that forces TikTok and its Chinese owner, ByteDance, to divest its ownership of the app or face a nationwide ban. At the time, TikTok said …

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