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Illinois Leads New Regulatory Wave: Landmark Legislation Targets Buy-Now-Pay-Later Industry

Evan Lee06 mins

CHICAGO/WASHINGTON — June 25, 2026 — In a move designed to curb the proliferation of predatory lending in the digital age, Illinois Governor J.B. Pritzker signed landmark legislation today that mandates state licensure for "Buy Now, Pay Later" (BNPL) providers. The new law, which establishes comprehensive oversight of the industry, aims to shield consumers from…

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The Fall of ‘Dort’: Global Investigation Leads to Arrest of Kimwolf Botnet Mastermind

Evan Lee07 mins

In a significant victory for international law enforcement, a 23-year-old Ottawa man, identified as Jacob Butler—known in clandestine corners of the internet by the handle "Dort"—was arrested this week on charges of engineering and operating the "Kimwolf" botnet. The arrest marks the culmination of a high-stakes, six-month investigation into one of the most prolific and…

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