The U.S. Federal Trade Commission has proposed a settlement with Nomad cryptocurrency bridge operator Illusory Systems, involving losses from the 2022 hacking attack and security measures. The plan requires the implementation of an information security program and the return of recovered funds. The incident resulted in the theft of $186 million in digital assets.

PANews, November 24 news, market news: US senators are calling for the Federal Trade Commission (FTC) and the SEC to investigate scam ads on the Meta platform.