Search Results for "legal"
Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle
Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.
JPMorgan: El Salvador to Face multiple Obstacles on the way to Implement Bitcoin as Fiat Money
JPMorgan Chase, citing a report, stated that El Salvador’s designation of Bitcoin as legal tender would bring various obstacles to its country, questioning the robustness of the payment mechanism.
SEC and Ripple's Next Meeting for XRP Case Set for May 21
The next hearing between the Securities and Exchange Commission (SEC) and Ripple will be held on May 21.
Utah Passes Law Recognizing Decentralized Autonomous Organizations
The Utah State Legislature has passed the Utah Decentralized Autonomous Organizations Act, providing legal recognition and limited liability to DAOs, also known as "Utah LLDs". The act defines ownership, protects anonymity, and introduces quality assurance protocols.
ChatGPT in Finance: A New Era of Ethical Considerations and Solutions
ChatGPT is revolutionizing the finance sector, bringing innovative applications and ethical challenges. This article explores its uses, the ethical concerns it raises, and potential solutions for a responsible future in finance.
Canadian Tax Agency Asks Coinsquare Crypto Exchange to Hand Over Clients Personal Data
The Canada Revenue Agency has requested a judge of the Federal Court to force a crypto exchange to hand over information about all its customers.
Judge Kaplan Denies Bankman-Fried's Request for Sentencing Adjournment
Former FTX CEO Sam Bankman-Fried's sentencing hearing, scheduled for March 28, 2024, was postponed by Judge Lewis Kaplan, ensuring the legal process remains on its original timeline.
Voyager Digital Executives Threatened by Clients, Revealed in Bankruptcy Hearing
Senior executives of crypto broker Voyager Digital and their families were reportedly threatened by their clients, a court in Manhattan revealed.
Bittrex Faces Potential Legal Action from US SEC
Bittrex, a US-based cryptocurrency exchange, may face legal action from the US Securities and Exchange Commission (SEC) over alleged violations related to investor protection, despite preparing to shut down its local operations.
Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase
A 45-year-old man from Columbia, Missouri pled guilty yesterday in a US federal court to one count of aggravated identity theft and one count of attempting to acquire a chemical weapon—via the dark web using Bitcoin.
Here's Why Harvey's $80M Funding is a Game Changer in Legal AI
Harvey raised $715 million in a $80 million Series B funding round, showcasing its advanced AI-powered workflow optimization technology.
Australian regulator sues Finder.com for crypto yield offering
Australia's financial services authority is suing Finder.com for selling a bitcoin yield-bearing instrument without a license. Finder disputes ASIC's accusation that a registered exchange product was unlicensed, but it hasn't said whether it would contest the complaint. After Block Earner last November, it's the regulator's second domestic crypto income product supplier. ASIC sued Finder.com for selling three crypto-backed fixed-yield products without an AFS license. The regulator's third action against crypto financial products and businesses in three months. When asked whether it will fight the action, Finder declined to respond.