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.

Judge Investigates ‘Suspicious’ Settlement Website Related to Visa, Mastercard Case
Judge Investigates ‘Suspicious’ Settlement Website Related to Visa, Mastercard Case
November 13, 2023  |  Legal

Class-action settlements often involve websites with information for the class members. But in the case of a multibillion-dollar class action lawsuit against Visa and Mastercard,...

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Google Aims to Set Precedent With AI Scam Lawsuit
Google Aims to Set Precedent With AI Scam Lawsuit
November 13, 2023  |  Google

Google has filed a lawsuit aimed at preventing scams related to its AI offerings. The tech giant announced the suit Monday (Nov. 13) on its blog, saying the...

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Former Bitwise Industries Co-CEOs Charged by SEC for Misleading Investors
Former Bitwise Industries Co-CEOs Charged by SEC for Misleading Investors
November 09, 2023  |  Legal

The Securities and Exchange Commission (SEC) has announced charges against the former co-CEOs of Bitwise Industries, a private technology services startup based in Fresno, California.  The charges against...

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Celsius Bankruptcy Case Comes to a Close
Celsius Bankruptcy Case Comes to a Close
November 09, 2023  |  Cryptocurrency

Cryptocurrency platform Celsius Network has won permission to end its bankruptcy case. And with that approval, the company can now return most of the remaining crypto back to its...

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Amazon Files 4 Lawsuits Targeting Impersonation Fraud
Amazon Files 4 Lawsuits Targeting Impersonation Fraud
November 09, 2023  |  Amazon

Amazon has filed four federal lawsuits against fraudulent organizations that attempted to scam consumers by impersonating the company. The lawsuits were filed in Western District...

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SBF Conviction Could Fuel FTX Celebrity Lawsuits
SBF Conviction Could Fuel FTX Celebrity Lawsuits
November 07, 2023  |  Legal

The criminal case against FTX founder Sam Bankman-Fried reached its climax last week. The civil cases involving his former company, however, are ongoing. Bankman-Fried’s conviction...

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Crypto Dips After Bankman-Fried Conviction, but Industry Execs Split on Impact
Crypto Dips After Bankman-Fried Conviction, but Industry Execs Split on Impact
November 03, 2023  |  Cryptocurrency

The conviction of Sam Bankman-Fried on fraud charges on Thursday (Nov. 2) coincided with a downturn in the cryptocurrency market, which had been recovering this...

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SEC Seeks Summary Judgment in Fraud Case Against Terraform Labs Co-Founder
SEC Seeks Summary Judgment in Fraud Case Against Terraform Labs Co-Founder
November 03, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has reportedly requested a summary ruling in its civil case against Do Kwon, the co-founder of Terraform Labs. The SEC alleges...

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Everyone Bought FTX’s Story; Now They’re Reacting to Bankman-Fried’s Fall
Everyone Bought FTX’s Story; Now They’re Reacting to Bankman-Fried’s Fall
November 03, 2023  |  Cryptocurrency

Sam Bankman-Fried, 31, of Stanford, California, was convicted on all counts Thursday (Nov. 2). In a bit of poetic justice, the Thursday conviction came exactly...

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