In a recent crypto market update, the Blockchain Association and the Crypto Council for Innovation (CCI) have legally challenged Illinois’s new Digital Asset Tax Act. The former argues that Illinois went beyond its constitutional authority […]
Illinois residents are pursuing a massive class-action lawsuit against Apple over facial recognition features in the Photos app. The case alleges unauthorized collection of biometric data from users’ photos, reports AppleInsider. Plaintiffs claim the app […]
A leading industry group is taking legal action against a state tax law that singles out blockchain-based assets for special treatment. The Digital Chamber alleges the Digital Asset Tax Act in Illinois imposes a 0.2% […]
Digital Chamber seeks to block Illinois’ 0.2% Digital Asset Tax before 2027. Lawsuit claims blockchain transactions face unfair and discriminatory taxation. Case challenges the tax under constitutional and federal commerce protections. The Digital Chamber has […]
TLDR The Digital Chamber filed a lawsuit seeking to block Illinois’ incoming crypto transaction tax. Governor JB Pritzker signed the 0.2% digital asset levy into law on June 16. Qualifying businesses would pay tax on […]
Household debt levels for residents of one major state show a modest decline in the latest annual figures. The average person in Illinois owed $54,100 in debt in 2025, says USAFacts. According to USAFacts, the […]
A major drug company has agreed to pay millions to settle accusations of illegally inflating generic medication prices. Glenmark will pay $29.6 million to resolve claims brought by dozens of states. The lawsuit accused the […]
A city employee has fallen for a phone scam impersonating a bank representative, resulting in nearly $1.1 million being stolen from municipal bank accounts through unauthorized transfers. The incident occurred when the employee disclosed sensitive […]
TLDR CFTC Chair Michael Selig criticized Illinois for approving a 0.2% tax on crypto transactions. Selig said Illinois lawmakers “decided they know better” than federal officials working on crypto rules. The Illinois crypto tax will […]
An Illinois resident has lost $5,000 after a spoof call led her to send money via Zelle under the guise of securing her bank account. Susie Allgood says she received a call from someone claiming […]
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