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.

Binance Charged With Tax Evasion in Nigeria as Exec Escapes
Binance Charged With Tax Evasion in Nigeria as Exec Escapes
March 25, 2024  |  Cryptocurrency

Nigeria has reportedly charged Binance and two of the cryptocurrency exchange’s executives with tax evasion. The charges come with a dramatic wrinkle, as one of those executives, who...

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Sigue Halts Money Transmission Activity Following Financial Regulators’ Consent Order
Sigue Halts Money Transmission Activity Following Financial Regulators’ Consent Order
March 22, 2024  |  Regulation

Sigue Corp. has stopped its money transmission activities after being ordered to do so by financial regulatory agencies from 39 states, Puerto Rico and the District...

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FTX CEO Slams Bankman-Fried’s ‘Nonexistent’ Remorse
FTX CEO Slams Bankman-Fried’s ‘Nonexistent’ Remorse
March 21, 2024  |  Legal

FTX’s CEO says Sam Bankman-Fried’s deception didn’t stop with his fraud conviction.  In a victim impact statement filed Wednesday (March 20) ahead of Bankman-Fried’s sentencing...

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Gig Worker Wage Policies Pinch Consumer Demand, Driver Pay
Gig Worker Wage Policies Pinch Consumer Demand, Driver Pay
March 20, 2024  |  Gig Economy

What started as a move toward fairer compensation has evolved into a heated debate, pitting the interests of drivers against those of gig economy giants....

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Sam Bankman-Fried’s Defense Team Says Prosecutors’ Proposed Sentence Is ‘Medieval’
Sam Bankman-Fried’s Defense Team Says Prosecutors’ Proposed Sentence Is ‘Medieval’
March 20, 2024  |  Legal

Sam Bankman-Fried’s defense team said Tuesday (March 19) that the prosecution’s proposed 40- to 50-year prison sentence is based on a “distorted” narrative and a...

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Bottomline Makes Legal Bill Review Service Available for More Platforms
Bottomline Makes Legal Bill Review Service Available for More Platforms
March 19, 2024  |  B2B Payments

Bottomline expanded the availability of its legal bill review service for property and casualty (P&C) insurance carriers and corporate legal organizations. The service is now available to organizations...

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Distressed Assets Buyer Attestor Battles Over FTX Claim
Distressed Assets Buyer Attestor Battles Over FTX Claim
March 18, 2024  |  Cryptocurrency

London-based financial firm Attestor is in a legal battle involving the bankruptcy of FTX. Attestor, known for its expertise in investing in distressed assets, bought FTX’s distressed...

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Prosecutors Seek 40- to 50-Year Term for Sam Bankman-Fried
Prosecutors Seek 40- to 50-Year Term for Sam Bankman-Fried
March 15, 2024  |  Legal

Federal prosecutors are seeking a 40- to 50-year prison sentence for Sam Bankman-Fried, the former CEO of the now-bankrupt cryptocurrency exchange FTX, over charges of...

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US Chamber Sues CFPB to Block Credit Card Late Fee Limits
US Chamber Sues CFPB to Block Credit Card Late Fee Limits
March 07, 2024  |  Legal

The U.S. Chamber of Commerce filed a lawsuit against the Consumer Financial Protection Bureau, aiming to stop the agency from implementing its new rule to limit credit card...

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