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.

Report: Former FTX Executive Ryan Salame to Plead Guilty
Report: Former FTX Executive Ryan Salame to Plead Guilty
September 07, 2023  |  Cryptocurrency

Former FTX executive Ryan Salame reportedly plans to plead guilty to criminal charges related to the collapse of the cryptocurrency exchange. This development comes just weeks before...

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Crypto Collapse Yields $700 Million Payday for Turnaround Specialists
Crypto Collapse Yields $700 Million Payday for Turnaround Specialists
September 06, 2023  |  Cryptocurrency

The bankruptcies of five major cryptocurrency firms have been a boon for corporate turnaround specialists. That’s according to a report published Tuesday (Sept. 5) by...

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US Senate’s Return May Kick AI Regulation Into High Gear
US Senate’s Return May Kick AI Regulation Into High Gear
September 05, 2023  |  artificial intelligence

Summer is over, but the generative artificial intelligence (AI) revolution continues to march on. Many of the bleeding-edge large language models (LLMs) from firms like OpenAI, Google and Anthropic  were...

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Big Tech Escapes California’s Social Media Addiction Bill Again
Big Tech Escapes California’s Social Media Addiction Bill Again
September 03, 2023  |  Regulation

A California bill proposing to hold platforms accountable for social media addiction has died in committee. As Bloomberg News reported Friday (Sept. 1), this marks the second...

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Ripple Says SEC ‘Rushing to Appeal’ Landmark Crypto Ruling
Ripple Says SEC ‘Rushing to Appeal’ Landmark Crypto Ruling
September 03, 2023  |  Cryptocurrency

Ripple wants to block the SEC from appealing a recent landmark crypto court ruling. In July, U.S. District Judge Analisa Torres ruled that the blockchain company’s native XRP...

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DOJ Seeks Jail Time for Ex-Wells Fargo Exec Over Fake Accounts
DOJ Seeks Jail Time for Ex-Wells Fargo Exec Over Fake Accounts
September 03, 2023  |  Legal

Federal prosecutors want Wells Fargo’s former retail banking head to spend time behind bars. Carrie Tolstedt agreed earlier this year to plead guilty to obstructing an investigation...

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Sam Bankman-Fried’s Defense Lawyers Seek Delay in Fraud Trial
Sam Bankman-Fried’s Defense Lawyers Seek Delay in Fraud Trial
August 30, 2023  |  Legal

The criminal fraud trial of FTX founder Sam Bankman-Fried is reportedly facing a potential delay. Bankman-Fried’s defense lawyers have raised concerns about the limited time...

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DOJ Moves to Strike All of Bankman-Fried’s Expert Witnesses 
DOJ Moves to Strike All of Bankman-Fried’s Expert Witnesses 
August 30, 2023  |  Legal

Seven has not been a lucky number for disgraced FTX founder Sam Bankman-Fried lately.  The curly-haired whiz kid’s failed crypto exchange FTX lost over $7...

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Prosecutors Oppose Sam Bankman-Fried’s Request for Internet-Enabled Laptop
Prosecutors Oppose Sam Bankman-Fried’s Request for Internet-Enabled Laptop
August 30, 2023  |  Legal

In the ongoing legal proceedings against former FTX CEO Sam Bankman-Fried, the issue of technological accommodations has become a point of contention between his defense...

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