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.

Legal Technology Sector Sees Advancements, Unicorns in 2021
Legal Technology Sector Sees Advancements, Unicorns in 2021
December 29, 2021  |  Legal

Legal technology saw numerous advances in 2021 as the still-blooming sector saw greater activity, Reuters reported Wednesday (Dec. 29). Legal tech involves companies making a...

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Apple Must Change App Store Policies, Says Dutch Antitrust Regulator
Apple Must Change App Store Policies, Says Dutch Antitrust Regulator
December 27, 2021  |  ANTITRUST

The Netherlands Authority for Consumers and Markets (ACM) ordered Apple Dec. 24 to adjust its App Store policies to allow dating app providers to be...

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Indian Tax Officials Raid Chinese Mobile Companies 
Indian Tax Officials Raid Chinese Mobile Companies 
December 22, 2021  |  International

India’s Income Tax Department is carrying out a widespread crackdown on Chinese mobile companies, conducting searches at their Indian headquarters.  According to multiple published reports...

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Swiss Bank UBS Takes Appeal of Money Laundering Verdict to French Supreme Court
Swiss Bank UBS Takes Appeal of Money Laundering Verdict to French Supreme Court
December 20, 2021  |  International

UBS has filed an appeal over a Paris court’s decision that upheld the company’s conviction for money laundering, Reuters reported Monday (Dec. 20). The decision...

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Four Executives Sentenced in SBA Fraud Case
Four Executives Sentenced in SBA Fraud Case
December 17, 2021  |  Security & Fraud

Four Indiana executives once associated with the now-defunct Banc-Serv Partners LLC were sentenced to prison in federal court this week. The government alleged that all...

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Ex-Olympian Allison Baver Accused of $10M in PPP Fraud
Ex-Olympian Allison Baver Accused of $10M in PPP Fraud
December 17, 2021  |  Security & Fraud

Federal prosecutors say that a former Olympic speed skater fraudulently obtained $10 million in COVID relief funds, using some of that money to finance a...

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Bitcoin Daily: Bank of Thailand to Define ‘Red Lines’ for Crypto Industry; Beijing Court Finds Bitcoin Mining Contract Invalid
Bitcoin Daily: Bank of Thailand to Define ‘Red Lines’ for Crypto Industry; Beijing Court Finds...
December 16, 2021  |  Bitcoin

Idaho Central Credit Union, the biggest credit union in the state, will offer bitcoin services, a report from Bitcoin Magazine says.  This will allow clients...

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Ex-McKinsey Partner Pleads Guilty to GreenSky Insider Trading Charges
Ex-McKinsey Partner Pleads Guilty to GreenSky Insider Trading Charges
December 15, 2021  |  Security & Fraud

Ex-McKinsey partner Puneet Dikshit, 40, has pled guilty to securities fraud, CNBC writes.  Dikshit reportedly made bets ahead of the Goldman Sachs acquisition of FinTech...

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NatWest Faces $350M in Fines After Guilty Plea in Money Laundering Case
NatWest Faces $350M in Fines After Guilty Plea in Money Laundering Case
December 13, 2021  |  Security & Fraud

NatWest, a U.K. state-backed bank, must pay 265 million pounds (about $350 million) after pleading guilty to failing to prevent money laundering, Reuters reported. The...

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