legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Bangladesh To Sue Philippine Bank RCBC In Alleged $81M Cyber Robbery
Bangladesh To Sue Philippine Bank RCBC In Alleged $81M Cyber Robbery
January 30, 2019  |  Legal

The Bangladesh central bank governor said the country is going to file a lawsuit against Philippine bank Rizal Commercial Banking Corp (RCBC) for its alleged...

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Amazon’s NYC HQ2 Sparks Legislation Over Real Estate
Amazon’s NYC HQ2 Sparks Legislation Over Real Estate
December 03, 2018  |  Legal

A Senator who represents Long Island City, where Amazon plans to build another headquarters, has drafted legislation that would essentially make it illegal to buy...

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Five At Five: New Swipe Fee Settlement Worth $6.2B
Five At Five: New Swipe Fee Settlement Worth $6.2B
September 18, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes details of the Visa and Mastercard swipe...

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Visa, Mastercard Settle $6.2B Swipe Fee Lawsuit
Visa, Mastercard Settle $6.2B Swipe Fee Lawsuit
September 18, 2018  |  Legal

A $6.2 billion settlement has been reached by Visa, Mastercard and several U.S. banks over a suit brought by merchants over what is commonly known...

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Uber Lawsuit Contends Company Saves Money By Misclassifying Drivers
Uber Lawsuit Contends Company Saves Money By Misclassifying Drivers
September 12, 2018  |  Ridesharing

Uber Technologies is facing a lawsuit that claims the ride-hailing company is misclassifying drivers in California as independent contractors in order to save money. According to...

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Bitcoin Daily: China Says Blockchain Can Authenticate Evidence, Australia To Closely Monitor ICOs, Crypto
Bitcoin Daily: China Says Blockchain Can Authenticate Evidence, Australia To Closely Monitor ICOs, Crypto
September 10, 2018  |  Bitcoin

Crypto payments startup Wyre has acquired Hedgy, a venture-backed bitcoin smart contract development firm. While Wyre already provides cross-border payments using bitcoin, Ethereum, Litecoin and...

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Young Bitcoin Trader Indicted On Money Laundering Charges
Young Bitcoin Trader Indicted On Money Laundering Charges
August 20, 2018  |  Legal

Charges of money laundering and illegal money transmission have been levied against a 21-year-old bitcoin dealer in California. According to several sites, including justice.gov, and...

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Manafort Case Delayed As Prosecution Set to Call Final Witnesses
Manafort Case Delayed As Prosecution Set to Call Final Witnesses
August 10, 2018  |  Legal

The judge in the federal tax fraud case against former Trump Campaign Chairman Paul Manafort called for a break in the case, as prosecutors sought...

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Opening Bets: MGM Deals Foreshadow New Gambling Culture
Opening Bets: MGM Deals Foreshadow New Gambling Culture
August 01, 2018  |  Legal

Not quite three months after the U.S. Supreme Court struck down state bans on sports betting, MGM Resorts International has signed deals with the NBA...

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