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.

Binance Crypto Exchange Faces Growing Industry Headwinds
Binance Crypto Exchange Faces Growing Industry Headwinds
December 16, 2022  |  Cryptocurrency

Efforts to restore public trust in the Binance crypto exchange are proving to be challenging. This, as ongoing industry headwinds continue to blow and new...

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How Sam Bankman-Fried Propped Up His Hollow Empire With Hype
How Sam Bankman-Fried Propped Up His Hollow Empire With Hype
December 15, 2022  |  Cryptocurrency

Sam Bankman-Fried was able to create a leading brand for himself and FTX almost overnight. Both his reputation and his cryptocurrency exchange crumbled into insolvency...

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Pulse Check on Capitol Hill’s Plans for Crypto Markets Regulation
Pulse Check on Capitol Hill’s Plans for Crypto Markets Regulation
December 14, 2022  |  Cryptocurrency

With crypto markets in turmoil, regulating the volatile industry has become a priority for lawmakers. This pivot comes as the collapse of cryptocurrency exchange FTX...

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Burned Bored Ape NFT Holders File Suits Against Celebrity Backers
Burned Bored Ape NFT Holders File Suits Against Celebrity Backers
December 14, 2022  |  NFTs

Scorched investors are suing celebrity backers of Bored Ape NFT tokens, claiming they were misled. The recent crypto cool down has left a slew of...

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FTX Crypto Founder Denied Bail, Will Spend Holidays in Bahamian Jail
FTX Crypto Founder Denied Bail, Will Spend Holidays in Bahamian Jail
December 13, 2022  |  Cryptocurrency

The former billionaire founder of the failed FTX crypto exchange has been denied bail.   As a result, Sam Bankman-Fried will spend the holidays in a...

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Key Takeaways From House Hearing on FTX Crypto Collapse
Key Takeaways From House Hearing on FTX Crypto Collapse
December 13, 2022  |  Cryptocurrency

Hearings into the FTX crypto collapse kicked off without input from now-jailed founder Sam Bankman-Fried. As reported by PYMNTS, the failed FTX founder faces eight...

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FTX Crypto Founder Hit With Eight Counts of Fraud and Conspiracy
FTX Crypto Founder Hit With Eight Counts of Fraud and Conspiracy
December 13, 2022  |  Legal

Sam Bankman-Fried has been arrested in the Bahamas on charges filed by U.S. prosecutors. He reportedly awaits extradition to the United States from the Bahamas,...

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FTX CEO’s Testimony and Restructuring Plan: 5 Things to Know
FTX CEO’s Testimony and Restructuring Plan: 5 Things to Know
December 13, 2022  |  Cryptocurrency

FTX’s caretaker CEO is offerings fresh insights hours after the bankrupt exchange’s former CEO was arrested. Sam Bankman-Fried’s (SBF’s) appointed successor, John J. Ray III,...

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Coinbase Says Law Enforcement Requests Up 66% From Last Year
Coinbase Says Law Enforcement Requests Up 66% From Last Year
December 12, 2022  |  Cryptocurrency

Cryptocurrency exchange Coinbase is fielding more information requests from government agencies and law enforcement.  The firm said Monday (Dec. 12) in a blog post that...

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