CoinSwitch Kuber raided by ED for alleged FEMA violations In yet another kock on crypto exchanges’ doors by India’s Enforcement Directorate (ED), popular crypto exchange CoinSwitch Kuber was raidd for alleged violations of the FEMA, an anti-money laundering law. The agency’s Bangalore office said the raids proceeded after a lack of cooperation from the company. [Read more] Cosmetics retailer Sephora settles for violations of California privacy law California state Attorney General Rob Bonta said that cosmetics retail chain Sephora Inc. has settled a lawsuit for $1.2 million for improperly selling user data to third parties without consent, which was ruled a violation of the state’s privacy law. [Read more] User complaints on fraud loan apps reduce after RBI guidelines ET reports that the number of user complaints against fraudulent lending apps has reduced following guidelines released by the RBI on lending apps. The guidelines were reportedly brought in to curb instances of fraud and harms through these apps that are mostly outside the formal lending system. [Read more] Privacy complaint lodged with French watchdog against Google’s emails An advocacy group, ‘None of Your Business’ (nyob.eu) brought a suit against Google to the French regulator CNIL for sending unsolicited marketing emails to users, saying that this is against a judgment by the EU’s top court, reports Reuters. While the CNIL’s ruling will hold only in France, it can impact Google’s practices in the region in general. [Read more] Big Tech companies testify to Parliamentary Panel, Google gets most questions Reports say…
