2025-01-08
Former MoviePass head pleads guilty to securities fraud
“A Florida man pleaded guilty today,” began a Department of Justice press release published on Tuesday. In this case, the ever-infamous Florida Man is none other than Ted Farnsworth, the former CEO of MoviePass’ parent company. His plea comes fewer than four months after another MoviePass leader, former CEO Mitch Lowe, Discover Copy
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2025-01-16
MoviePass made a film trailer app for the Oculus Quest and Apple Vision Pro
If you're a cinephile who misses the old Apple TV app for movie trailers, MoviePass CEO Stacy Spikes knows your pain. So he decided to build a trailer app of his own, one that could easily help v [...]
2025-02-11
Man from Alabama pleads guilty over SEC's fake bitcoin post on X
Eric Council Jr. from Alabama has pleaded guilty to being a co-conspirator in the unauthorized takeover of the US Securities and Exchange Commission's Twitter account last year. In early January [...]
2025-02-28
SEC says meme coins are not subject to federal securities laws
Meme coins are not securities and, hence, aren't subject to federal laws regulating the financial instruments, according to the Securities and Exchange Commission. The agency has issued its offic [...]
2025-03-28
Nikola founder Trevor Milton receives a full pardon from President Trump
Trevor Milton, the founder of electric truck company Nikola, has received a full and unconditional pardon from President Donald Trump. A jury found Milton guilty of one count of securities fraud and t [...]
2024-12-31
Terraform Labs co-founder Do Kwon will face securities fraud charges in the US
Terraforms Labs CEO Do Kwon spent the last day of 2024 getting extradited to the US, Reuters reports. Kwon faces charges in the US for "orchestrating a multi-billion dollar crypto asset securitie [...]
2025-02-21
Coinbase says Trump’s SEC has ended its enforcement case against the crypto company
Coinbase says that the SEC has agreed to end an enforcement case that accused it of illegally running an unregistered securities exchange. This could signal a major change in how the US government wil [...]
2025-03-19
'47 Ronin' director charged with $11 million fraud over doomed Netflix sci-fi series
Carl Erik Rinsch, the director of 47 Ronin, has been charged for defrauding a streaming service out of $11 million, according to the Southern District of New York's US Attorney's Office. Whi [...]