FCC Targets AI-Generated Voice Scams Under New Proposal

FCC Chairwoman Jessica Rosenworcel proposes making AI-generated robocalls illegal under the TCPA, aiming to combat fraud and misinformation. The initiative follows incidents like misleading robocalls in New Hampshire, with broader measures to protect consumers and enhance enforcement tools for law enforcement. (Read More) ​ 

Polygon Labs Announces Downsizing, Cuts 19% of Workforce

Polygon Labs has laid off 19% of its team, reducing operational efficiency. CEO Marc Boiron emphasized the decision for agility in the blockchain sector. The company also announced a 15% compensation increase and Polygon ID project spin-off. (Read More) ​ 

Genesis Agrees to $21 Million SEC Settlement in Bankruptcy Resolution Effort

Genesis Global settles with the SEC for $21 million over unregistered securities sales allegations, aiming to mitigate legal challenges and focus on repaying customers amid bankruptcy proceedings. The agreement, pending a February 14 hearing, marks a significant step towards resolving the company’s financial and legal hurdles. (Read More) ​ 

Three Arrows’ OPNX Announces Shutdown

OPNX, a cryptocurrency exchange and bankruptcy claims platform, will cease operations by February 14, 2024, due to regulatory challenges and financial penalties. (Read More) ​