Legal

Legal
Federal Judge Revokes Bail for FTX Founder Sam Bankman-Fried
August 11, 2023

FTX founder Sam Bankman-Fried was ordered to jail Friday (Aug. 11) after a federal judge revoked his bail. 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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Orange May Be the New Black for FTX’s Sam Bankman-Fried
August 11, 2023

Sam Bankman-Fried’s fraudulent cryptocurrency empire fell apart last November. 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,...

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Report: FTC to Meet with Amazon Ahead of Lawsuit
August 07, 2023

Amazon could face the toughest challenge in its 30-year history as Federal Trade Commission (FTC) officials prepare to file an antitrust lawsuit against the retail giant. Representatives from Amazon will reportedly meet next week with FTC officials in the latest sign that the agency is close to...

Legal
Prosecutors Want Bankman-Fried Jailed but Drop FTX Campaign Finance Charges
July 27, 2023

The soap opera of Sam Bankman-Fried continues, and the latest developments show the script might be going off the rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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FTX Sues Sam Bankman Fried and Former Executives
July 21, 2023

The November 2022 collapse of FTX, one of the largest cryptocurrency exchanges, has sparked an investigation into the company’s finances. The latest development in the ongoing bankruptcy process took place on Thursday when lawyers for the exchange sued the company’s founder and former CEO, Sam...

Legal
Twitter Plans to Subpoena Sen. Warren in Legal Battle Against FTC
July 20, 2023

Twitter is reportedly planning to issue to subpoena Sen. Elizabeth Warren in connection with its ongoing legal battle against the Federal Trade Commission (FTC). 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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CFPB Sues Lease-to-Own Company Snap Finance
July 19, 2023

The Consumer Financial Protection Bureau (CFPB) has sued lease-to-own finance company Snap Finance, alleging deception, consumer law violations and making false threats. 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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Delivery Hero Wins $43.6 Million UK Lawsuit Against Mastercard
July 19, 2023

German food delivery company Delivery Hero has been awarded $43.6 million from Mastercard in a victory in the United Kingdom courts. 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...

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Temu Accuses Rival Shein of ‘Intimidation’ in Federal Lawsuit
July 19, 2023

The rivalry between two Chinese online retailers spilled over into U.S. federal court. 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....