OpenAI is accused of having ties to Musk and violating lobbying rules in California
BlockBeats News, July 11th, according to Politico, OpenAI has asked California's political finance regulator to investigate a nonprofit organization that is challenging its multi-billion dollar business plan, accusing it of violating state lobbying laws and once again raising questions about the organization's relationship with Musk.
The complaint submitted to the California Fair Political Practices Commission (FPPC) accuses the "Coalition for AI Nonprofit Integrity" of potentially having a fictitious responsible person and failing to report lobbying payments related to a now-weakened state bill that could prevent the ChatGPT manufacturer from transitioning to a for-profit entity.
This is the latest escalation in OpenAI's pressure against the organization. Meanwhile, OpenAI is also engaged in a legal battle with Musk. Musk was a former commercial partner of OpenAI and opposed the company's restructuring plan for funding, arguing that it deviated from its original nonprofit mission to "serve the public interest." CANI spokesperson Becky Warren said in an email that her organization had not yet received the complaint on Thursday. (BlockBeats)
You may also like

Crypto Market Update: BTC Holds $76K as Fear Index Signals Opportunity — What Is Futures Trading & Spot Trading Explained

DeFi is trapped in the most dangerous prisoner's dilemma in history

Exclusive Interview with Jeff Hoffman: How Web3 and AI are Reshaping the Trillion-Dollar Social Travel Market

After the KelpDAO hack, AAVE's situation is worse than you think

Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’

Under Political Pressure, Is the Federal Reserve Still Independent?

Yellen's Past Remarks: How Will This Incoming "Fed Chair" Disrupt the Federal Reserve? Janet Yellen, who is expected to become the next Chair of the Federal Reserve, has made several significant statements in the past regarding monetary policy, financ...

ZachXBT vs. RAVE: Is a “Clean” Market Really What Speculators Want?

Arbitrum Poses as Hacker, 'Steals' Back Money Lost by KelpDAO

Without Cook's Apple, Can it Still Grow in the AI Era?

Saylor's Bitcoin Holdings Surpass BlackRock, How Does This "Bitcoin Financing Machine" STRC Work?

What Is RWA? What Is RWA in Crypto (Complete 2026 Guide)
Wondering what is RWA in crypto? We explain what RWA is, break down RWA tokenization in simple no-jargon terms, and cover why it's 2026's hottest crypto narrative.

What Is the KelpDAO Attack? What It Means for Aave Users in 2026
KelpDAO suffered a $292M rsETH exploit on April 18, 2026, triggering Aave market freezes and $13B DeFi outflows. Here’s what happened, whether Aave is safe now, and what users should do next.

Is your gold really "within reach"? The geographical blind spots of custodial services behind tokenized gold

Cook Passes the Baton, Anthropic Gears Up | Rewire News Morning Brief

Will the Fed Cut Interest Rates Again? Tonight's Data Is Key

The person taking over Apple has to do something he has never done before




