SoLo Funds ‘Blindsided’ by CFPB Lawsuit
The Consumer Financial Protection Bureau sued SoLo Funds, alleging that the online lending platform used “digital dark patterns” to illegally collect fees from borrowers.
The lawsuit also al...
Tether holds more US Treasuries than Germany, ranks 19th globally
Quick Take
Tether reported a massive $4.52 billion profit in the first quarter of the year.
Notably, the stablecoin issuer’s consolidated financial figures revealed that as of March 31, it held a st...
Warren expresses support for SEC’s controversial SAB 121 bulletin
Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16.
Warren asserted that the bulletin, which applies to companies that dea...