The Department of Justice has dropped a probe into allegations that wireless carriers influenced technical standards to make it harder for U.S. consumers to switch between mobile phone companies, according to the Wall Street Journal. The DOJ had been investigating claims that the GSMA, the wireless carriers’ standard setting group, promoted a SIM card technology that required consumers to...
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Genesis Creditors Could Miss Out on Recent Crypto Rally
Crypto prices have risen since parts of crypto lender Genesis filed for chapter 11 bankruptcy last month, lifting the value of customers’ crypto assets stuck in Genesis accounts. That’s not necessarily good news for Genesis’ creditors, however. Creditors are worried that any repayments they get from the bankruptcy will be made in dollars, not the original cryptocurrencies,...
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