Category: Federal Trade Commission

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Voyager Digital was ‘no better than a house of cards’ — CFTC commissioner

October 13, 2023

CFTC Commissioner Kristin Johnson’s comments came after separate lawsuits from the CFTC and FTC were filed against Voyager and its former CEO, Stephen Ehrlich. A commissioner for the United States Commodity Futures Trading Commission has slammed Voyager Digital for its mistakes that eventually led to the loss of billions of dollars in customer funds. Statement…
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‘Biased, deceptive’: Center for AI accuses ChatGPT creator of violating trade laws

March 31, 2023

The group believes GPT-4 violates Section 5 of the Federal Trade Commission Act, which prohibits “unfair or deceptive acts or practices in or affecting commerce.” The Center for Artificial Intelligence and Digital Policy (CAIDP) has filed a complaint with the United States Federal Trade Commission (FTC) in an attempt to halt the release of powerful…
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