Venture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached.
Category: Regulation and Deregulation of Industry
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Fishing Regulator Rejects Lifting Ban on Female Crab Harvest
A commission acknowledged concerns about the threatened shorebirds that rely on crab eggs as a critical food source around the Delaware Bay.
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California Regulators Propose Cutting Compensation for Rooftop Solar
It’s the second attempt by the state Public Utilities Commission to change how people are paid for the excess energy their solar panels send to the grid.
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What Happened to FTX? Here’s What to Know.
Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal.
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Weed is Legal in Thailand. How Long Will the High Times Last?
Cannabis shops have multiplied since the drug was decriminalized, with caveats, in June. But some lawmakers are pushing for tighter regulation.
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Is This Crypto’s Lehman Moment?
Here’s how to make sense of the industry-shaking Binance-FTX deal.
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Supreme Court Seems Poised to Streamline Challenges to Agency Power
The justices appeared ready to rule that people and companies need not wait for administrative rulings to press constitutional claims in federal court.
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Big Tobacco Heralds a Healthier World While Fighting Its Arrival
The industry continues to back smoking protections, like this November’s ballot initiative in California that would overturn a law banning tobacco flavors.
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FTC Accuses Chegg Homework Help App of ‘Careless’ Data Security
Chegg, a homework help app, exposed the data of 40 million users, including details about some students’ sexual orientation and religion, regulators said in a legal complaint.