Decentralized Autonomous Organizations (DAOs) are changing how we think about business organization and governance. Learn why registering your business as a DAO in Utah is beneficial.
NEWS RELEASE: FTC and Utah Lawsuit Results in Over $10 Million in Refunds to Consumers Harmed by Real Estate Investment Training Scheme
Salt Lake City —The Federal Trade Commission (FTC) is issuing over $10 million in refunds to consumers who paid for a deceptive real estate investment training scheme that falsely promised significant profits through “flipping” houses. The FTC and the Utah Attorney General’s Office, on behalf of the Utah Department of Commerce’s Division of Consumer Protection, sued Response Marketing Group, LLC in …
NEWS RELEASE: The Utah Department of Commerce is accepting registrations for Decentralized Autonomous Organizations (DAOs)
SALT LAKE CITY – The Utah Department of Commerce’s Division of Corporations and Commercial Code now accepts registrations for Limited Liability Decentralized Autonomous Organizations (LLD or DAOs). This groundbreaking law, which took effect on January 1, 2024, recognizes DAOs that meet the requirements of the DAO Act as legal entities that operate through smart contracts and blockchain technology without a …
NEWS RELEASE: Utah sues Meta for child addiction harm and deceiving parents about dangers of Facebook and Instagram
CONTACTS: Emma Williams Office of the Governor 385-303-4383, [email protected] Richard Piatt Utah Attorney General’s Office 801-631-8964, [email protected] Melanie Hall Utah Department of Commerce 385-290-0719, [email protected] SALT LAKE CITY (Oct. 24, 2023) – Utah Gov. Spencer J. Cox and Attorney General Sean D. Reyes today announced a lawsuit against Meta Platforms, Inc. and its subsidiary Instagram, LLC, over their flagship social media products, Facebook and Instagram. The …
Utah sues Meta for child addiction harm and deceiving parents about dangers of Facebook and Instagram
SALT LAKE CITY – Utah Gov. Spencer J. Cox and Attorney General Sean D. Reyes today announced a lawsuit against Meta Platforms, Inc. and its subsidiary Instagram, LLC, over their flagship social media products, Facebook and Instagram. The state alleges that the social media giant has violated the Utah Consumer Sales Practices Act by designing the platforms to trap children in excessive, harmful use that causes serious mental health issues. Meta also deceived parents and young users about the safety of using Instagram and Facebook.
TikTok Found in Contempt; Ordered To Turn Over Documents
Yesterday, Utah Solicitor General Melissa Holyoak successfully argued that TikTok has failed to comply with a series of subpoenas filed by the Utah Attorney General’s Office on behalf of the Division of Consumer Protection and the Department of Commerce. Third District Court Judge Mark Kouris gave TikTok until December 1 to comply with the subpoenas, which contain information related to …
NEWS RELEASE: FTC and Utah Division of Consumer Protection Suit Leads to Largest Consumer Settlement in Utah History
Real estate investment programs and endorsers ordered to pay $16.7 million SALT LAKE CITY, UT – The Federal Trade Commission (FTC) and Division of Consumer Protection (DCP), a division within the Utah Department of Commerce, have reached a court-ordered settlement with Response Marketing Group, LLC and its principals, who have agreed to pay $15 million and are banned from selling …
NEWS RELEASE: Governor Cox Signs Bill for Utility Assistance for Low-Income Utahns
Utahns can apply now SALT LAKE CITY – Utahns most vulnerable to energy price spikes and inflation will now receive more support. Low-income utility customers will benefit from $12 million in assistance. “We support these opportunities anytime we can expand assistance to help Utahans struggling to make ends meet,” said Utah Department of Commerce Executive Director Margaret Busse. Today, Governor …
News Release: Be on the Lookout for Vacant Land Scams in Utah
SALT LAKE CITY (December 7, 2022) – The Utah Department of Commerce’s Division of Real Estate is urging land buyers and owners to be aware of a recently re-emerged scam related to vacant lots and land parcels. The Division of Real Estate is already aware of at least 10 different instances and suspects others. The scam typically involves vacant land …
