Legal

Legal
California Bans Junk Fees, Anticipating Federal Efforts
October 09, 2023

California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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DOJ: Bankman-Fried Can’t Use Anthropic Fundraising in Defense
October 09, 2023

When it collapsed, FTX had a $500 million stake in artificial intelligence (AI) firm Anthropic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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FTX Co-Founder Gary Wang Says Bankman-Fried Was Financial Crimes Mastermind
October 05, 2023

With friends like these, who needs enemies? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

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PayPal Faces Class-Action Lawsuit Alleging Anti-Competitive Practices
October 05, 2023

A class-action lawsuit has been filed against PayPal, alleging that the company engages in anti-competitive practices that result in higher prices for consumers during eCommerce transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Report: FTX Workers Knew of Alameda ‘Backdoor’ Long Before Collapse
October 05, 2023

A new report sheds more light on FTX’s relationship with sister firm Alameda Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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Bankman-Fried Trial: Defense Paints ‘Normal Guy’ Image
October 04, 2023

Observers might be wondering what the famously probabilistic Sam Bankman-Fried thinks about his chances now.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Jury Selection Completed in Sam Bankman-Fried Trial
October 04, 2023

Jury selection has been completed in the criminal fraud trial of Sam Bankman-Fried, the co-founder of FTX cryptocurrency exchange.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

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Federal Judge Denies SEC Request to Appeal Crypto Ruling
October 04, 2023

A federal judge reportedly denied the Securities and Exchange Commission’s (SEC) request to appeal a ruling regarding Ripple Labs’ cryptocurrency, XRP. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Witnesses Are Set, Jury Isn’t for Sam Bankman-Fried’s Criminal Trial
October 03, 2023

It is the first day of the rest of FTX co-founder Sam Bankman-Fried’s life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...