Topic: investor losses
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Law Firm Probes Coupang Over Data Breach Security Lapses
Investors harmed by a major 2025 cyber-attack on Coupang are joining a class action lawsuit alleging security failures led to substantial financial losses. The breach potentially exposed personal data of 33.7 million customers, triggering a police raid, the CEO's resignation, and regulatory actio...
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Melania Trump Named in Memecoin Fraud Lawsuit
A federal class action lawsuit alleges that Benjamin Chow and Hayden Davis orchestrated a multimillion-dollar fraud scheme involving multiple cryptocurrencies, including the $MELANIA token promoted by Melania Trump, by artificially inflating and dumping them. The plaintiffs claim the defendants u...
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Aspiration Co-Founder Pleads Guilty in $248M Fraud Case
Joseph Sanberg, co-founder of Aspiration, has pleaded guilty to wire fraud charges for orchestrating a $248 million scheme by falsifying financial records and investor documents. He artificially inflated the company's revenue by fabricating letters of intent and a false audit committee report, se...
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Apple Nears Deal to Acquire AI Startup Prompt AI
Apple is finalizing its acquisition of Prompt AI, a computer vision startup, to integrate its team and technology into Apple's operations, particularly enhancing the HomeKit ecosystem. Prompt AI is discontinuing its Seemour app and deleting all user data due to an unsustainable business model, wi...
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