New York reaches $2bn settlement with crypto lender Genesis over fraud claims

Cryptocurrencies, Business, Technology, New York, Letitia James, Law (US), US news Business | The Guardian ​Letitia James announces victims fund for ‘defrauded investors’ in largest settlement the state has ever made with a crypto companyNew York’s attorney general has secured a $2bn settlement with the bankrupt cryptocurrency lender Genesis Global over allegations it had defrauded thousands…

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World is ill-prepared for breakthroughs in AI, say experts

Artificial intelligence (AI), Computing, Technology, World news Business | The Guardian ​Governments have made insufficient regulatory progress, ‘godfathers’ of the technology say before summitThe world is ill-prepared for breakthroughs in artificial intelligence, according to a group of senior experts including two “godfathers” of AI, who warn that governments have made insufficient progress in regulating the technology.A…

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