The Rotten State of Crypto: A Lawsuit Sheds Light on Bitcoin Fraud

The Rotten State of Crypto: A Lawsuit Sheds Light on Bitcoin Fraud

Technology

Joel Dietz, a self-described “founding member” of Ethereum, is suing Aaron Davis for allegedly swindling him out of an ownership stake in MetaMask, an Ethereum-based crypto wallet. Dietz’s lawsuit sheds light on the state of the crypto industry, which has been marred by legal battles and allegations of abuse of power. This case highlights the issue of ownership disputes within the industry and the need for transparency and accountability.

Lawsuits Target Landlords Using Algorithmic Pricing Systems to Set Rents

Lawsuits Target Landlords Using Algorithmic Pricing Systems to Set Rents

Business

Several lawsuits allege that algorithmic pricing systems used by big landlords to set rents have artificially inflated prices. RealPage, a Texas-based company that sells rent-setting software, is facing legal action alongside its clients in multiple cities. The Washington, DC, attorney general recently sued RealPage and 14 major landlords for illegally colluding to set rents above competitive levels. The allegations include concerns of algorithmic collusion and strict control over rent enforcement. These lawsuits raise concerns about the impact of algorithmic pricing systems on markets beyond just the housing industry.