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: New Crypto Ruling Complicates Ripple and Coinbase Cases
Report: New Crypto Ruling Complicates Ripple and Coinbase Cases
August 01, 2023  |  Cryptocurrency

A new court ruling has reportedly dampened a recent court victory for the cryptocurrency industry. U.S. District Judge Jed Rakoff ruled Monday (July 31) that cryptocurrencies are considered...

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Coinbase CEO: SEC’s Request Would Have Meant End of Crypto
Coinbase CEO: SEC’s Request Would Have Meant End of Crypto
July 31, 2023  |  Cryptocurrency

Coinbase CEO Brian Armstrong said a request from the Securities and Exchange Commission (SEC) would have put a stop to all trading on the cryptocurrency platform except for...

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Binance Fights Back Against CFTC Complaint, Claims Regulatory Overreach
Binance Fights Back Against CFTC Complaint, Claims Regulatory Overreach
July 28, 2023  |  Regulation

Binance and its CEO, Changpeng Zhao, are reportedly fighting back against a complaint filed against the cryptocurrency exchange by the U.S. Commodity Futures Trading Commission (CFTC). They filed a...

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Prosecutors Want Bankman-Fried Jailed but Drop FTX Campaign Finance Charges
Prosecutors Want Bankman-Fried Jailed but Drop FTX Campaign Finance Charges
July 27, 2023  |  Legal

The soap opera of Sam Bankman-Fried continues, and the latest developments show the script might be going off the rails. Federal prosecutors petitioned Wednesday (July...

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FTX Sues Sam Bankman Fried and Former Executives
FTX Sues Sam Bankman Fried and Former Executives
July 21, 2023  |  Legal

The November 2022 collapse of FTX, one of the largest cryptocurrency exchanges, has sparked an investigation into the company’s finances. The latest development in the...

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CFPB Sues Lease-to-Own Company Snap Finance
CFPB Sues Lease-to-Own Company Snap Finance
July 19, 2023  |  Legal

The Consumer Financial Protection Bureau (CFPB) has sued lease-to-own finance company Snap Finance, alleging deception, consumer law violations and making false threats. The CFPB is now seeking monetary...

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Temu Accuses Rival Shein of ‘Intimidation’ in Federal Lawsuit
Temu Accuses Rival Shein of ‘Intimidation’ in Federal Lawsuit
July 19, 2023  |  Legal

The rivalry between two Chinese online retailers spilled over into U.S. federal court. In an antitrust suit filed in Massachusetts last week, Temu accuses fast-fashion...

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Uber Drivers Win Right to Sue Company Over Disputes
Uber Drivers Win Right to Sue Company Over Disputes
July 18, 2023  |  Legal

California’s Supreme Court has handed Uber drivers a victory against the company. The court on Monday (July 17) ruled against the tech giant’s argument that aimed to limit efforts...

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Block Sues Visa and Mastercard Over Interchange Fees
Block Sues Visa and Mastercard Over Interchange Fees
July 17, 2023  |  Legal

Visa and Mastercard have been accused by Block of conspiring to inflate fees and increase retail prices paid. The antitrust lawsuit filed Friday (July 14)...

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