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.

Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
December 12, 2023  |  Legal

Could FTX founder Sam Bankman-Fried have prevailed at trial? David Mills, the veteran attorney who helped the cryptocurrency mogul build his defense, doesn’t think so, according...

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Lawsuit Accuses Visa of Electronic Payment Monopoly
Lawsuit Accuses Visa of Electronic Payment Monopoly
December 11, 2023  |  Legal

Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. MiCamp Solutions, a provider...

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Judge Rules Binance Founder Zhao Must Remain in US 
Judge Rules Binance Founder Zhao Must Remain in US 
December 08, 2023  |  Cryptocurrency

Binance founder Changpeng Zhao must remain in the United States while awaiting his sentencing on Feb. 23.  A judge ruled Thursday (Dec. 7) that Zhao was a flight...

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Google Delivers Formal Response to EU’s Threat to Ad Tech Unit 
Google Delivers Formal Response to EU’s Threat to Ad Tech Unit 
December 08, 2023  |  Google

Google has made a formal response to the European Union’s (EU) threat to break up its profitable advertising technology (ad tech) arm, calling the allegations “flawed.”...

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Class-Action Lawsuit Targets DraftKings Promotional Offer 
Class-Action Lawsuit Targets DraftKings Promotional Offer 
December 08, 2023  |  Legal

Sports betting operator DraftKings is reportedly facing a class-action lawsuit filed in the Massachusetts Superior Court.  The lawsuit alleges that the company designed an “unfair and deceptive”...

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FTX Gets OK to Sell $744 Million in Grayscale Stakes
FTX Gets OK to Sell $744 Million in Grayscale Stakes
November 30, 2023  |  Cryptocurrency

FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. According to recent court filings, a bankruptcy judge has given the...

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FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
November 28, 2023  |  Legal

Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz...

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Judge Rules Binance Founder Must Remain in US 
Judge Rules Binance Founder Must Remain in US 
November 27, 2023  |  Legal

Changpeng Zhao, the co-founder of cryptocurrency exchange Binance Holdings, is reportedly facing legal restrictions that prevent him from returning to his home in the United Arab...

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Binance Founder Seeks to Prove He’s Not a Flight Risk
Binance Founder Seeks to Prove He’s Not a Flight Risk
November 26, 2023  |  Legal

Binance’s founder is fighting the Justice Department’s efforts to keep him in the U.S. Changpeng Zhao pleaded guilty last week to failing to maintain proper anti-money laundering standards...

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