Michaela

A lover of books, and all things fantasy. I write things people read on the internet for a living.

Former Nate CEO Charged in $40M AI Fraud Over Fake Tech Claims

April 11, 2025
Albert Saniger, the former CEO of fintech startup Nate, Inc., has been indicted by the U.S. Attorney’s Office for the Southern District of New York for allegedly misleading investors about the company’s artificial intelligence (AI) capabilities. According to a press release from the U.S.

UK Regulators Warn Stablecoins Could Undermine Pound and Markets

April 11, 2025
United Kingdom regulators have stepped up scrutiny of stablecoins and the broader crypto industry, warning they could pose risks to the country’s financial system and monetary stability. At its meetings on April 4 and April 8, the Bank of England’s Financial Policy Committee (FPC) emphasized a sharp increase in stablecoin and unbacked crypto activity over
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