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.

Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
January 10, 2018  |  International

A Chinese court has sentenced two people to life in prison for fraud, with 19 others getting up to 12 years in prison for their...

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Theranos Gets $100M Lifeline
Theranos Gets $100M Lifeline
December 27, 2017  |  Investments

Theranos, the struggling blood testing company based in Silicon Valley, has landed a $100 million loan from Fortress Investment Group. Citing an email sent to...

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Belarus Legalizes Cryptocurrency Transactions To Boost Foreign Investment
Belarus Legalizes Cryptocurrency Transactions To Boost Foreign Investment
December 26, 2017  |  International

Belarus has legalized cryptocurrency transactions in an attempt to boost private sector growth and foreign investment. According to Reuters, President Alexander Lukashenko signed the decree...

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CFPB Legal Battle, Amid Succession Drama, Continues
CFPB Legal Battle, Amid Succession Drama, Continues
December 04, 2017  |  Regulation Roundup

And the (legal) beat went on. The drama surrounding the Consumer Financial Protection Bureau (CFPB) continues – and did anybody think it would be otherwise?...

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Federal Appeals Court Revives Class-Action Suit Against Capital One
Federal Appeals Court Revives Class-Action Suit Against Capital One
December 01, 2017  |  Legal

A federal appeals court has revived a proposed class-action lawsuit accusing Capital One Financial Corp. of imposing illegal overdraft fees on customers. According to news...

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Building A More Compliant Cannabis Industry With The Blockchain
Building A More Compliant Cannabis Industry With The Blockchain
November 29, 2017  |  Retail

Despite Chris Rock’s old adage that people “don’t sell drugs, drugs sell themselves,” being in the legal — or at least legal-ish — business of cannabis retail...

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Uber Allegedly Used Ex-CIA To Steal Trade Secrets
Uber Allegedly Used Ex-CIA To Steal Trade Secrets
November 29, 2017  |  Ridesharing

Uber is getting hit with accusations that it has a secret unit that was created to steal trade secrets, according to news from The Financial Times,...

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Former SEC Official Rails Against ICOs
Former SEC Official Rails Against ICOs
November 27, 2017  |  Blockchain

Initial coin offerings (ICOs) have sprung up seemingly out of the blue to become the new go-to financing method for up-and-coming startups (often with less...

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After Its Big ICO, Tezos May Be In Serious Trouble
After Its Big ICO, Tezos May Be In Serious Trouble
November 17, 2017  |  Blockchain

Troubling times over at Tezos — the blockchain company that made headlines in July when it snapped up $232 million through its independent coin offering. The...

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