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.

Virtual Currency Case Could Determine CFTC’s Power Over Crypto
Virtual Currency Case Could Determine CFTC’s Power Over Crypto
June 13, 2018  |  Legal

A case involving virtual currency My Big Coin could determine whether the U.S. Commodity Futures Trading Commission (CFTC) has the power to fight fraud centered...

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Could A Bank-On-Bank Patent War Be Looming?
Could A Bank-On-Bank Patent War Be Looming?
June 12, 2018  |  Legal

A recently filed federal lawsuit over remote deposit capture technology (RDC) could signal the start of a wider patent-infringement struggle among banks, according to experts....

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USAA Sues Wells Fargo Over RDC Technology
USAA Sues Wells Fargo Over RDC Technology
June 11, 2018  |  Legal

USAA, the insurance company and bank serving current and former military members and their families, filed a federal lawsuit against Wells Fargo Bank over its...

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Second Lawsuit Says XRP Is A Security Controlled By Ripple
Second Lawsuit Says XRP Is A Security Controlled By Ripple
June 11, 2018  |  Legal

Distributed ledger startup Ripple is facing another lawsuit over its XRP cryptocurrency. According to CoinDesk, court records show that Vladi Zakinov filed a class-action lawsuit...

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State Street Corp. Ex-EVP Accused Of Wire Fraud
State Street Corp. Ex-EVP Accused Of Wire Fraud
June 05, 2018  |  Legal

A former executive at State Street Corp. is set to stand trial for allegedly defrauding the bank’s clients by charging them secret commissions on billions...

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SEC Investigates Former Heartland CEO For Possible Insider Trading
SEC Investigates Former Heartland CEO For Possible Insider Trading
June 04, 2018  |  Legal

Federal investigators are looking into stock trades linked to the former CEO of the FinTech firm Heartland Payment Systems. According to The Wall Street Journal,...

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Is GDPR EU’s Frankenstein Monster?
Is GDPR EU’s Frankenstein Monster?
May 31, 2018  |  Regulation

Two hundred years ago, the world was introduced to Dr. Victor Frankenstein. Mary Shelley’s book “Frankenstein” was published in January 1818 and told the story...

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Virginia Sues Online Lender Over Consumer Loans
Virginia Sues Online Lender Over Consumer Loans
May 04, 2018  |  Consumer Finance

Virginia is suing one of the largest online lenders in the U.S. after reportedly charging Virginians millions in interest and fees. In a lawsuit, the state...

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Sinemia Looks To Take On MoviePass
Sinemia Looks To Take On MoviePass
May 04, 2018  |  Retail

With MoviePass’ booming movie ticket subscription success, it’s unsurprising a competitor is looking to steal away some of their cinema-enthused customers. Sinemia launched four years...

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