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.

CFTC Lawsuit: Binance Gave ‘VIP’ Edge to Big Traders
CFTC Lawsuit: Binance Gave ‘VIP’ Edge to Big Traders
March 30, 2023  |  Legal

A lawsuit against Binance alleges the cryptocurrency giant gave preferred treatment to high-frequency traders. The Commodity Futures Trading Commission (CFTC) sued Binance Monday (March 27)...

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Report: Bankman-Fried to Plead Not Guilty in Chinese Bribe Case
Report: Bankman-Fried to Plead Not Guilty in Chinese Bribe Case
March 30, 2023  |  Legal

Sam Bankman-Fried will reportedly plead not guilty to a $40 million bribery charge. The FTX founder had earlier pleaded not guilty to multiple counts of...

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Bankman-Fried Charged in Alleged $40 Million Bribe of Chinese Officials
Bankman-Fried Charged in Alleged $40 Million Bribe of Chinese Officials
March 28, 2023  |  Legal

Sam Bankman-Fried’s legal troubles have deepened yet again with allegations of a Chinese bribery scheme. An indictment unsealed by federal prosecutors Tuesday (March 28) accuses...

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CFPB Constitutionality Upheld With Appeals Court Win
CFPB Constitutionality Upheld With Appeals Court Win
March 23, 2023  |  CFPB

The Consumer Financial Protection Bureau has scored a legal victory ahead of its fateful Supreme Court case. A federal appeals court ruled Thursday (March 23)...

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Appeals Court Approves Settlement of Visa and Mastercard Antitrust Suit
Appeals Court Approves Settlement of Visa and Mastercard Antitrust Suit
March 16, 2023  |  Credit Cards

A federal appeals court has approved a settlement of a class-action lawsuit brought against Visa and Mastercard. The settlement, in which the payment card networks...

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FTC Says Epic Games Set to Refund $245 Million to Fortnite Players
FTC Says Epic Games Set to Refund $245 Million to Fortnite Players
March 15, 2023  |  Regulation

The Federal Trade Commission’s (FTC) multi-million case against Epic Games is winding down. The gaming company, maker of the massively-popular Fortnite, agreed to a settlement...

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AffiniPay CEO on Expanding End-User Choice to Accelerate Business Opportunity 
AffiniPay CEO on Expanding End-User Choice to Accelerate Business Opportunity 
March 15, 2023  |  B2B Payments

The economy’s ongoing digital transformation is industry-agnostic, and now it’s coming for the legal field. “It’s really about the end client,” Dru Armstrong, CEO of...

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SVB and Signature Bank Passed KPMG Audits Days Before Collapses 
SVB and Signature Bank Passed KPMG Audits Days Before Collapses 
March 14, 2023  |  Digital-First Banking

When it comes to banking, compliance is king. That makes proper accounting and internal controls queen, at the very least. This, as the collapse of Silicon...

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Court Rules Uber and Lyft Drivers Are Contractors
Court Rules Uber and Lyft Drivers Are Contractors
March 14, 2023  |  Ridesharing

Uber and Lyft have landed a victory in their battle to treat drivers as contractors. In a ruling issued Monday (Mar. 13), California’s 1st District...

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