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.

Patience Wearing Thin for Judge Overseeing Bankman-Fried FTX Case
Patience Wearing Thin for Judge Overseeing Bankman-Fried FTX Case
February 08, 2023  |  Legal

Sam Bankman-Fried is heading back to New York to face a federal judge once more.  This, as the disgraced FTX founder and his legal team...

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FTX Starts to Claw Back $93M in Political Donations to 200 Lawmakers
FTX Starts to Claw Back $93M in Political Donations to 200 Lawmakers
February 06, 2023  |  Legal

FTX’s new management has started the official legal process of clawing back past political donations. This, as court documents filed in January show that the...

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Is Crypto Market’s Rally a Good Thing for FTX Creditors?
Is Crypto Market’s Rally a Good Thing for FTX Creditors?
February 01, 2023  |  Cryptocurrency

A he-said-they-said war of words has been swirling around FTX’s solvency since its bankruptcy. The Securities and Exchange Commission (SEC) estimated that the crypto exchange’s...

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Bankruptcy Court Says Celsius Users Can Begin Withdrawing Funds
Bankruptcy Court Says Celsius Users Can Begin Withdrawing Funds
February 01, 2023  |  Cryptocurrency

A bankruptcy court filing says some customers can withdraw funds from troubled cryptocurrency firm Celsius. The Tuesday (Jan. 31) filing shows Celsius has the court’s...

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DOJ: Bankman-Fried Turned to Foreign Regulators to Hold On to FTX
DOJ: Bankman-Fried Turned to Foreign Regulators to Hold On to FTX
January 31, 2023  |  Regulation

As his crypto empire collapsed, Sam Bankman-Fried reportedly turned to overseas regulators for help. Federal prosecutors say the FTX co-founder tried to hold off his...

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Lawyers in FTX Case Spar Over Bankman-Fried’s Communications
Lawyers in FTX Case Spar Over Bankman-Fried’s Communications
January 30, 2023  |  Cryptocurrency

Federal prosecutors have reportedly asked a court to limit Sam Bankman-Fried’s communications. Bloomberg reported Monday (Jan. 30) that the prosecutors want the conditions of the...

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Crypto Noise Puts Further Focus on Binance’s Operations
Crypto Noise Puts Further Focus on Binance’s Operations
January 25, 2023  |  Cryptocurrency

Regulatory scrutiny post-FTX’s dramatic implosion has prompted a crisis of confidence in other industry actors. Perhaps no other firm has bee affected more so than...

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FTC Finalizes Consent Order Requiring Credit Karma to Pay $3M
FTC Finalizes Consent Order Requiring Credit Karma to Pay $3M
January 23, 2023  |  Regulation

The Federal Trade Commission (FTC) has finalized a consent order regarding Credit Karma. The FTC’s complaint, which was announced in September, charged the credit service...

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FTX Prosecutors Seize Robinhood Shares From Bankman-Fried Assets
FTX Prosecutors Seize Robinhood Shares From Bankman-Fried Assets
January 22, 2023  |  Cryptocurrency

Federal prosecutors have seized nearly $700 million in assets from disgraced FTX founder Sam Bankman-Fried. According to a Friday (Jan. 20) court filing, a bulk...

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