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Live Nation Entertainment has been found liable in its bombshell monopoly lawsuit, according to news reports, a major move that could drastically shake up the live music landscape as a judge could now decides the penalty Live Nation and Ticketmaster should face. After a weeks-long trial that featured testimony from the likes of Live Nation…
The “Back in Blood” rapper is accused of forcing Gucci to release Pooh from his 1017 contract at gunpoint. Memphis rapper Pooh Shiesty has been out of federal prison for approximately 6 months. It seems like he’ll be headed back pretty soon, after the Department of Justice announced Thursday they had arrested Shiesty alongside Big30…
A pair of Live Nation employees joked about “gouging” fans with fees and parking costs at concerts, further adding that these concertgoers are “so stupid” and that Live Nation is “robbing them blind, baby,” according to private messages released as court documents as part of Live Nation’s monopoly lawsuit. The messages, which were sent in…
U.S. and European law enforcement have seized the database from LeakBase, which prosecutors have touted as “one of the world’s largest online forums for cybercriminals” for sharing stolen passwords and hacking tools. U.S. and European police seized the site earlier this week, and say its database has over 142,000 members and more than 215,000 messages…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Pump.fun ICO raises $500 million, BlockFi’s bankruptcy administrator and the DOJ have settled a $35 million crypto asset transfer lawsuit, and US-based spot Bitcoin…
BlockFi’s bankruptcy administrator and the DOJ have settled a $35 million crypto asset transfer lawsuit. The administrator overseeing BlockFi’s bankruptcy wind-down and the US Department of Justice (DOJ) have reached a settlement to dismiss a $35 million crypto asset transfer lawsuit involving the crypto lender. The agreement was approved by Judge Michael B. Kaplan of…
Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising…
The US Department of Justice has reportedly disbanded the Biden-era National Cryptocurrency Enforcement Team. The United States Department of Justice (DOJ) is reportedly disbanding the National Cryptocurrency Enforcement Team (NCET). NCET’s disbandment was noted in a four-page memo by United States Deputy General Todd Blanche, according to a Fortune journalist who claims to have seen…
A man was arrested in San Diego Thursday for allegedly leaving a voicemail on the personal cell phone of an Arizona election official in 2022. William Hyde left a violent threat on the voicemail of the Maricopa County Recorder’s Office employee’s phone “on or about November 29, 2022,” the Department of Justice (DOJ) announced. Hyde,…
Department of Justice (DOJ) is set to give $500,000 worth of forfeited Russian funds to Ukraine as the embattled country tries to fend off the Kremlin’s invasion. The U.S. will transfer nearly half of a million dollars in confiscated Russian funds to Estonia, which will be then transferred to Ukraine, according to a Saturday DOJ…