FTC also sues Cambridge Analytica, settles with former CEO and app developer – TechCrunch

As part of the investigation against Facebook’s privacy lapses, the FTC announced today that it is suing Cambridge Analytica. The agency has already agreed to settlement with former Cambridge Analytica CEO Alexander Nix as well as app developer Aleksandr Kogan. The Federal Trade Commission described the administrative complaint in a press release. It alleged that…

New York financial regulator sets up new division to police cryptocurrency businesses

The New York State Department of Financial Services has announced the launch of a new division which will absorb the regulator’s current department that oversees cryptocurrency businesses in the state. In a statement released yesterday, financial services superintendent Linda Lacewell announced the regulator’s new research and innovation division. The new division will be responsible for…