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.

US Seizing Shares and Accounts Linked to FTX
US Seizing Shares and Accounts Linked to FTX
January 04, 2023  |  Cryptocurrency

The United States is seizing assets that are linked to bankrupt crypto exchange FTX. The Wall Street Journal (WSJ) reported Wednesday (Jan. 4) that the...

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CFPB and NY Attorney General Sue Auto Lender Credit Acceptance
CFPB and NY Attorney General Sue Auto Lender Credit Acceptance
January 04, 2023  |  Loans

Subprime auto lender Credit Acceptance Corp. is being accused of “setting borrowers up to fail.” The Consumer Financial Protection Bureau (CFPB) and the New York...

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FTX Founder Sam Bankman-Fried Claims Innocence in Federal Arraignment
FTX Founder Sam Bankman-Fried Claims Innocence in Federal Arraignment
January 03, 2023  |  Cryptocurrency

Disgraced crypto executive Sam Bankman-Fried has pled “not guilty” to criminal charges brought against him. In a Manhattan federal courtroom on Tuesday (Jan. 3), the...

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Sam Bankman-Fried Asks Judge to Redact Names of Bail Guarantors
Sam Bankman-Fried Asks Judge to Redact Names of Bail Guarantors
January 03, 2023  |  Legal

Sam Bankman-Fried doesn’t want the public to know who’s helping him stay free on bail. Lawyers for the founder and former CEO of bankrupt cryptocurrency...

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Report: FTX Founder Sam Bankman-Fried Will Plead Not Guilty
Report: FTX Founder Sam Bankman-Fried Will Plead Not Guilty
January 03, 2023  |  Legal

FTX founder Sam Bankman-Fried will likely plead not guilty to defrauding the firm’s investors. That’s according to a report published by Reuters Tuesday (Jan. 3),...

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Prosecutors Suspicious of Bankman-Fried Crypto Wallets
Prosecutors Suspicious of Bankman-Fried Crypto Wallets
January 02, 2023  |  Cryptocurrency

Prosecutors are reportedly investigating transactions involving crypto wallets associated with Sam Bankman-Fried.  Blockchain analysts have spotted more than $1 million being moved from these accounts...

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Bahamas Securities Commission Reports Seizing $3.5B in FTX Assets
Bahamas Securities Commission Reports Seizing $3.5B in FTX Assets
December 30, 2022  |  Cryptocurrency

The Bahamas’ Securities Commission seized $3.5 billion from FTX just after the company’s bankruptcy. The regulator announced the seizure Thursday (Dec. 29), saying the cryptocurrency...

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FTX Crypto Founder Bankman-Fried’s Plea Expected Next Week
FTX Crypto Founder Bankman-Fried’s Plea Expected Next Week
December 28, 2022  |  Cryptocurrency

In the wake of news that his former friends and peers are cooperating with authorities, FTX crypto founder Sam Bankman-Fried is expected to enter a...

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Class-Action Lawsuit Aims to Represent 1M FTX Customers
Class-Action Lawsuit Aims to Represent 1M FTX Customers
December 28, 2022  |  Legal

A class-action lawsuit aiming to represent 1 million FTX customers has been filed. The suit has been filed against the bankrupt cryptocurrency exchange and former...

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