[{"source":"Federal Trade Commission - Protecting America's Consumers","id":3042974,"description":"Alexander Mashinsky, the former CEO of cryptocurrency platform Celsius Network Inc. (Celsius), and his business partners, Shlomi Daniel Leon and Hanoch “Nuke” Goldstein, will pay a total of $16.5 million to resolve the Federal Trade Commission’s charges that they deceived users by falsely promising that deposits made to their cryptocurrency platform would be safe and always available. Mashinsky and Leon have also agreed to a ban on marketing or selling products or services that can be used to deposit, exchange, invest or withdraw assets. Similarly, Goldstein has agreed to a ban on marketing or selling retail products or services that can be used to buy, sell, deposit, withdraw, distribute or trade cryptocurrency. In its  July 2023 complaint , the FTC alleged that Celsius and its co-founders promised consumers that Celsius was “safer” than a bank or other traditional financial institutions and misrepresented that their deposits were safe because Celsius earned profits at “no risk” to consumers by making secured loans to other exchanges. The FTC says the company and its top executives deceived users by falsely promising them that they could withdraw their deposits at any time, that the company maintained a $750 million insurance policy for deposits, that it had sufficient reserves to meet customer obligations and that those in its Earn program could earn rewards as high as 18% annual percentage yield on deposits. They also repeatedly claimed that the company did not make any unsecured loans. The FTC, however, alleged that the promises were false and that its top executives continued to claim that customers’ deposits were safe days before the company filed for bankruptcy. The settlement orders with the FTC require Mashinsky to pay $10 million, Leon to pay $4.1 million and Goldstein to pay $2.4 million. In addition,  the order with Mashinsky ,  the order with Leon ,   and the proposed order with Goldstein   will also prohibit the Celsius co-founders from: Marketing or selling products or services that can be used to deposit or withdraw certain assets, as Mashinsky, Leon and Goldstein’s deceptive conduct led to enormous consumer injury; Making misrepresentations regarding the benefits of any product or service or any other material fact about any other product or service; and Violating the Gramm-Leach-Bliley Act, including by obtaining or attempting to obtain customer financial information by making false, fictitious or fraudulent representations; and Finally, the orders with Mashinsky and Leon prohibit them from disclosing nonpublic personal information about consumers unless the consumer first provides express informed consent. The Commission vote approving the stipulated final order with Mashinsky was 3–0 and was approved prior to the departure of former Commissioner Melissa Holyoak. The Commission votes approving the stipulated final orders with Leon and Goldstein were both 2–0. The FTC filed the proposed orders in the U.S. District Court for the Southern District of New York. Stipulated final orders have the force of law when approved and signed by the District Court Judge. The staff attorneys on this matter are Stephanie Liebner, Carlton Mosley and Sally Tieu of the FTC’s Bureau of Consumer","pubDate":"Tue, 21 Jul 2026 08:04:33 +0200","url":"https://www.ftc.gov/news-events/news/press-releases/2026/07/founders-celsius-network-ordered-pay-165-million-resolve-ftc-charges","titre":"Founders of Celsius Network Ordered to Pay $16.5 Million to Resolve FTC Charges"},{"titre":"French Superior Audiovisual Council publishes its first report on the fight against infomercials","url":"https://www.arcom.fr/en/archives/news/french-superior-audiovisual-council-publishes-its-first-report-fight-against-infomercials","pubDate":"Thu, 05 Feb 2026 15:41:13 +0100","description":"The law of December 22, 2018 on combating the manipulation of information entrusts the French Superior Audiovisual Council with the task of drawing up an assessment of the application and effectiveness of measures implemented by platforms to fight the diffusion of false information. This first assessment, covering 2019, was drawn up on the basis of the annual declaration sent to the Council by the operators of these platforms under their duty of cooperation established by the same law. It has been enriched by further exchanges between the Council's departments and the operators, and by the work of the committee of experts on online","id":2677480,"source":"ARCOM actualités"},{"url":"https://businesstoday.news/revolutionizing-data-management-the-game-changing-platform-promising-billions-in-savings/?utm_source=rss&utm_medium=rss&utm_campaign=revolutionizing-data-management-the-game-changing-platform-promising-billions-in-savings","titre":"Revolutionizing Data Management: The Game-Changing Platform Promising Billions in Savings","pubDate":"Tue, 09 Apr 2024 10:37:17 +0200","description":"Key Takeaways: Unveiling the Data Quality Conundrum The Cost of Data Disarray In an age where data drives decisions, the quality of this data has become a critical concern for businesses globally. Inaccuracies in data can lead to erroneous decision-making and financial losses, with the collective annual cost reaching into the trillions. LiTech’s Mission to Mend Estonian startup LiTech, having secured significant funding, is stepping up to address this pervasive issue with its innovative Cloud-based SaaS platform aimed at enhancing data quality management across various industries. LiTech’s SaaS Platform: A Closer Look Democratizing Data Quality Management LiTech’s Cloud platform is The post Revolutionizing Data Management: The Game-Changing Platform Promising Billions in Savings appeared first on Business Today","id":1237676,"source":"Business Today"},{"source":"Business Today","id":1182342,"description":"Key Takeaways: Amidst the rapidly evolving landscape of decision intelligence, Quantexa, a global leader in decision intelligence solutions, has unveiled its ambitious roadmap to redefine how enterprises and government agencies leverage data and AI for informed decision-making. At QuanCon24, the company’s annual customer and partner conference, Quantexa showcased groundbreaking innovations, strategic partnerships, and a renewed commitment to empowering organizations with actionable insights. Pioneering Decision Intelligence: A Vision for the Future Quantexa’s Decision Intelligence Platform roadmap is driven by a steadfast commitment to assisting enterprises and government agencies in harnessing the power of contextual analytics and AI. Dan Higgins, Quantexa’s Chief The post Unveiled: Inside the Cutting-Edge Roadmap to Revolutionize Decision Intelligence – Are You Ready for the Future? appeared first on Business Today","pubDate":"Wed, 13 Mar 2024 16:30:40 +0100","titre":"Unveiled: Inside the Cutting-Edge Roadmap to Revolutionize Decision Intelligence – Are You Ready for the Future?","url":"https://businesstoday.news/unveiled-inside-the-cutting-edge-roadmap-to-revolutionize-decision-intelligence-are-you-ready-for-the-future/?utm_source=rss&utm_medium=rss&utm_campaign=unveiled-inside-the-cutting-edge-roadmap-to-revolutionize-decision-intelligence-are-you-ready-for-the-future"}]