Finbold The ongoing legal battle between the Securities Exchanges Commission (SEC) and blockchain company Ripple (XRP) has taken another twist after the presiding judge denied the regulatory agency’s motion to seal. Court documents shared by Ripple defence attorney James Filan on June 9 indicate that SEC was also ordered to file a redacted version of the brief …
Fox Business Following 16 months of intense pre-trial litigation, countless hours in court and over 600,000 documents reviewed by both sides, the case that’s being billed as “the cryptocurrency trial of the century” could all come down to one speech made by a former Securities and Exchange Commission official four years ago. That case, of course, is the lawsuit …
Washington Examiner “Lurking behind the mountains of prosecutorial evidence presented in over 150 exhibits and testimony by nearly two dozen witnesses in the now-concluded Michael Sussmann trial, questions swirl about how widely the debunked Trump-Russia collusion computer data spread among Washington, D.C.’s most powerful committees, including the Senate Armed Services Committee in early 2017. “On …
Federal News Network The inspectors general for two intelligence agencies were each overpaid by tens of thousands of dollars between 2016 and 2020. That’s according to an internal Defense Department memo a whistleblower supplied to Empower Oversight, an outside watchdog group. There’s no clear evidence anyone intentionally did anything wrong. There’s also no evidence the …
The Epoch Times The National Institutes of Health (NIH) made an error when it took COVID-19 sequencing data offline, the agency’s head said on May 11. “In the way it was originally eliminated from public view, it was ‘withdrawn.’ And that’s the most difficult for people to access. The error that was made—and we found this out …
Law360 A nonprofit watchdog asked the U.S. Securities and Exchange Commission to investigate its former corporate finance head, Bill Hinman, now a Simpson Thacher & Bartlett LLP senior adviser, claiming statements he made about cryptocurrencies while at the agency may have presented a conflict of interest. Empower Oversight Whistleblowers & Research claims Hinman didn’t follow instructions that the SEC’s ethics …
Forbes The Securities and Exchange Commission (SEC) has lorded the sword of Damocles over fintech for years. It has used the blunt force of “regulation by enforcement” to make de facto rules against innovative companies rather than following the notice and comment steps required by the 1948 Administrative Procedure Act. Its lawsuits against Kik Interactive, …
Just The News A federal watchdog report, sparked by concerns from Iowa GOP Sen. Chuck Grassley, has identified a potential conflict of interest and resulting ethic violation within the office at the Department of Veterans Affairs that helps runs the GI Bill program. An inspector general report released March 24 found Charmain Bogue, as executive director of the Veterans …
Daily Signal A watchdog report prompted by Sen. Charles Grassley, R-Iowa, identifies a conflict of interest in the Department of Veterans Affairs office that runs the GI Bill program. The VA inspector general’s report faults Charmain Bogue, who resigned as executive director of the Veterans Benefits Administration’s Education Service amid the investigation, for working with her husband’s employer and …
The Epoch Times Presidentially appointed inspectors general (IG) at two key intelligence community agencies were collectively overpaid more than $168,000 between 2016 and 2020, but it’s unclear whether any corrective action has been taken, according to a Department of Defense (DOD) memo obtained by a nonprofit government watchdog. Information about the overpayments is contained in a Jan. …