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OpenAI is facing a proposed class action lawsuit alleging the company secretly routed real user conversations to outside contractors through an internal program called Project Lily — all without notifying users. If the claims hold up, it raises serious questions about what users actually consent to when they type into ChatGPT.
Turning to crypto, a coalition of financial firms including Bullish, Alpaca, and Apex Fintech is pushing for issuer-backed tokenized stocks — shares tied directly to official shareholder records. The effort follows a recent SEC innovation exemption, and it signals that Wall Street and the blockchain world are moving closer to a genuine handshake on how equity ownership gets recorded.
And in a quieter but unsettling corner of the crypto space, Ondo Finance has firmly denied reports that someone was attempting to sell the company following the death of its founder Nathan Allman. The firm called the reports false, while Allman's estate declined to comment — leaving the full picture of what happened behind the scenes still unclear.
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