Federal Court news and trends

Attorneys Face Sanctions After Citing Case Law ‘Hallucinated’ by ChatGPT
artificial intelligence // May 30, 2023

Two attorneys may face judicial sanctions after citing cases that were made up by ChatGPT. The attorneys could even be disbarred after using information “hallucinated” by the generative artificial intelligence (AI) tool on two separate occasions, CNBC reported Tuesday (May 30). In the first instance, the attorneys...

Sam Bankman-Fried Skating on Thin Ice as Judge Threatens Jail
Cryptocurrency // February 16, 2023

Federal Judge Lewis Kaplan on Thursday (Feb. 16) threatened to revoke ousted FTX founder Sam Bankman-Fried’s bail. That’s if the former crypto wunderkind doesn’t agree to stricter restrictions placed on his use of electronic devices, apps, and access to the internet, per a Bloomberg report....

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

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 plea at his criminal arraignment in Manhattan, New York, next week.  Whether that plea proclaims his guilt or innocence remains...

Court Orders FinTech Block to Provide Emails to CFPB 
Regulation // December 01, 2022

A federal court has ruled that FinTech Block must provide information to a regulator.  The Consumer Financial Protection Bureau (CFPB) is seeking emails to and from Brian Grassadonia — the co-creator of Block’s Cash App payment platform — as part of an investigation into how Block handles customer complaints about fraud and...

Quick Reads
Bankman-Fried Asks for Access to Medication in Ongoing Trial

October 16, 2023
Disgraced FTX CEO Sam Bankman-Fried pleaded for access to his long-release Adderall in a late-night plea to U.S. District Judge Lewis Kaplan Sunday, per a CNBC report Monday (Oct. 16). The controversial trial, which is ongoing in federal court in New York, stands to decide the future of Bankman-Fried and whether he may spend the rest of […]

Attorneys Face Sanctions After Citing Case Law ‘Hallucinated’ by ChatGPT

May 30, 2023
Two attorneys may face judicial sanctions after citing cases that were made up by ChatGPT. The attorneys could even be disbarred after using information “hallucinated” by the generative artificial intelligence...

FTX Crypto Founder Bankman-Fried’s Plea Expected Next Week

December 28, 2022
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 plea at his criminal arraignment...

Court Orders FinTech Block to Provide Emails to CFPB 

December 01, 2022
A federal court has ruled that FinTech Block must provide information to a regulator.  The Consumer Financial Protection Bureau (CFPB) is seeking emails to and from Brian Grassadonia — the co-creator of Block’s Cash App payment platform...