In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.
Category: Suits and Litigation (Civil)
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Epstein Estate Agrees to Pay U.S. Virgin Islands More Than $105 Million
The estate of the disgraced financier Jeffrey Epstein will repay tax benefits and half the proceeds from the sale of an island he owned.
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Is Spreading Medical Misinformation a Doctor’s Free Speech Right?
Two lawsuits in California have pre-emptively challenged a new law that would punish doctors for misleading patients about Covid-19.
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Walmart Sued by Employee Who Says She Complained About Gunman
A lawsuit claims the retailer was warned months ago about “threatening” behavior by the worker who the police say opened fire in the store last week.
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Lawsuit Takes Aim at the Way A.I. Is Built
A programmer is suing Microsoft, GitHub and OpenAI over artificial intelligence technology that generates its own computer code.
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White House Extends Pause on Student Loan Payments
The Biden administration said it will hold off on collecting payments to give courts time to rule on lawsuits that have blocked the president’s debt cancellation plan.
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Judge Blocks Student Housing Firm From Collecting $14 Million
The ruling is the latest twist in an ongoing battle that Nelson Partners Student Housing has waged with investors and students.
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D.C. Attorney General Files Second Complaint Against Commanders
In a complaint filed Thursday, the Washington N.F.L. team was accused of misusing ticket revenue and failing to refund customers’ deposits.
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SpaceX Employees Say They Were Fired for Speaking Up About Elon Musk
Charges filed with federal regulators accuse the company of retaliating against eight workers over an open letter critical of the chief executive.
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Elon Musk Testifies He Had Little Say in His Tesla Pay
The billionaire chief executive is testifying about a multibillion dollar compensation package the electric car company’s board put in place in 2018.
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Elon Musk Heads to Court to Defend His Billions in Tesla Pay
A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.