The U.S. Department of Justice (DOJ) and the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) have recently announced two enforcement actions that demonstrate the U.S. government's aggressive and...more
12/4/2024
/ Anti-Corruption ,
Bribery ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Financial Institutions ,
Foreign Corporations ,
Foreign Corrupt Practices Act (FCPA) ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
U.S. Treasury ,
Venezuela ,
Vietnam
The recent sentencing of Zixiao "Gary" Wang, a tech expert involved in the $11 billion FTX fraud, underscores the importance of cooperation with authorities in complex and high-stakes crypto cases. Wang, who admitted to...more
In today's rapidly evolving technological landscape, the integration of artificial intelligence (“AI”) into various aspects of business operations is becoming increasingly prevalent. From streamlining processes to enhancing...more
5/10/2024
/ Artificial Intelligence ,
Automated Decision Systems (ADS) ,
Data Privacy ,
Data Security ,
Duty of Care ,
Emerging Technologies ,
Innovative Technology ,
Legal Technology ,
Liability ,
Machine Learning ,
Transparency