Legal

Legal
Coinbase to Supreme Court: Stop 2 User Lawsuits in Crypto Cases
August 03, 2022

Coinbase Global wants the U.S. Supreme Court to end two users’ lawsuits against the cryptocurrency exchange until the company is done with its appeals that it hopes will send those cases to arbitration. Get the Full Story Complete the form to unlock this article and...

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Chinese Grocery Service Missfresh Faces Multiple Lawsuits
August 02, 2022

Chinese grocery delivery company Missfresh is facing lawsuits from both laid-off employees and investors, alleging unpaid salaries and violations of securities laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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FTC Takes Action Against First American’s ‘Zombie Charges’
July 29, 2022

The Federal Trade Commission has accused payment processor First American Payment Systems and two of its sales affiliates of “trapping small businesses with hidden terms, surprise exit fees, and zombie charges.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Report: FTC Staff Objected to Chair’s Decision to Sue Meta
July 29, 2022

The head of the Federal Trade Commission (FTC) reportedly led a vote to sue Meta Platforms earlier this week over the objections of the commission’s staff. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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FTC: Meta Trying to Buy Its Way to Top of VR Space With Proposed Within...
July 27, 2022

The Federal Trade Commission on Wednesday (July 27) announced it will push to block social media giant Meta Platforms’ acquisition of Within Unlimited and its virtual reality (VR) fitness app Supernatural, according to a commission press release. Get the Full Story Complete the form to...

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Sen. Durbin Wants Another Bite at Card Interchange Fees
July 27, 2022

A pair of U.S. senators are preparing a bill that would give merchants the ability to process many Mastercard and Visa credit cards over different networks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case
July 25, 2022

Titanium Blockchain Infrastructure’s (TBIS) CEO, Michael Alan Stollery, pleaded guilty Friday (July 22) for his role in a crypto fraud scheme in which he used investor funds for his own purposes, a press release from the Department of Justice (DOJ) said Monday. Get the Full...

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BNPL Firm Sezzle Sues GameStop for Dropping Payment Service
July 18, 2022

Sezzle, a FinTech based in Minneapolis, is suing GameStop over allegations that the video game retailer broke a contract by dropping Sezzle’s payment services, the Minneapolis/St. Paul Business Journal wrote Monday (July 18). Get the Full Story Complete the form to unlock this article and...

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Uber Pays Millions on Justice Department Suit Regarding Overcharging Disabled Riders
July 18, 2022

The U.S. Department of Justice on Monday (July 18) settled with Uber Technologies for several million dollars related to a lawsuit that alleged Uber violated the Americans with Disabilities Act by overcharging more than 65,000 riders with disabilities, according to a DOJ press release. Get...