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.

Wirecard Execs Play Blame Game as Fraud Trial Continues
Wirecard Execs Play Blame Game as Fraud Trial Continues
December 12, 2022  |  Security & Fraud

The former boss of Wirecard is maintaining his innocence. Ex-CEO Markus Braun, who headed the German payments firm, is in the midst of a fraud...

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US Supreme Court to Hear Coinbase Arbitration Case
US Supreme Court to Hear Coinbase Arbitration Case
December 11, 2022  |  Cryptocurrency

The Supreme Court will hear an appeal from Coinbase in two lawsuits against the firm. The court ruling Friday (Dec. 9) gives the crypto company...

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Judge: Celsius Must Refund $50M to Users
Judge: Celsius Must Refund $50M to Users
December 07, 2022  |  Cryptocurrency

A judge has ordered Celsius Network to return cryptocurrency in custody accounts to customers.  U.S. Bankruptcy Judge Martin Glenn told the bankrupt crypto lender that...

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SBF Taps Ghislaine Maxwell Attorney in FTX Case
SBF Taps Ghislaine Maxwell Attorney in FTX Case
December 07, 2022  |  Cryptocurrency

FTX founder Sam Bankman-Fried hired a top New York defense lawyer to represent him. How he plans to pay for that defense, the former crypto...

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British Court Orders Crypto Exchanges to Disclose Customer Information
British Court Orders Crypto Exchanges to Disclose Customer Information
November 29, 2022  |  Cryptocurrency

A British court has ordered six cryptocurrency exchanges to help a rival track stolen funds. The six exchanges — each of which own or operate...

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Virtu Financial Launches Freedom of Information Act Suit Against SEC
Virtu Financial Launches Freedom of Information Act Suit Against SEC
November 29, 2022  |  Legal

Virtu Financial has launched a lawsuit against the Securities and Exchange Commission (SEC). The financial services firm said Tuesday (Nov. 29) in a press release...

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British Court Denies Mastercard Appeal in $19B Class-Action Lawsuit
British Court Denies Mastercard Appeal in $19B Class-Action Lawsuit
November 29, 2022  |  Legal

A British court has denied Mastercard’s appeal that’s part of a 16-billion-pound (about $19 billion) class-action suit. The ruling allows the estates of 3 million...

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Kraken, US Treasury Settle Case Over Crypto Service in Iran
Kraken, US Treasury Settle Case Over Crypto Service in Iran
November 28, 2022  |  Cryptocurrency

The U.S. Treasury Department has officially reached a settlement with crypto exchange Kraken over alleged transactions in Iran. In a statement released by the Treasury’s...

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Celebrities Who Endorsed FTX Are a ‘Juicy Target’ for Lawsuits 
Celebrities Who Endorsed FTX Are a ‘Juicy Target’ for Lawsuits 
November 23, 2022  |  Cryptocurrency

With FTX and more than 100 of its affiliated companies having filed for bankruptcy protection, the celebrities who endorsed the firm reportedly still present an...

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