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CFTC Charges Gemini Trust Company in Bitcoin Futures Case
June 02, 2022

The Commodity Futures Trading Commission (CFTC) has announced a complaint against Gemini Trust Company over allegedly false or misleading statements regarding a bitcoin futures product, per a CFTC press release Thursday (June 2). Get the Full Story Complete the form to unlock this article and...

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US Supreme Court Sides With Social Media Firms, Blocks Texas Law
June 01, 2022

Social media firms like Facebook or Twitter have obtained an important court victory after the U.S. Supreme Court issued a ruling suspending a Texas law that aims to prohibit online platforms from suppressing user posts based on their political views. Get the Full Story Complete...

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Robinhood Close to Resolving 2020 Outage Lawsuit
May 27, 2022

Attorneys for the online trading platform Robinhood Markets say they’ve come to an agreement in principle that resolves a lawsuit by investors who say they were blocked from trading during an outage in March 2020. Get the Full Story Complete the form to unlock this...

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CFPB, NY AG Shutter ‘Deceptive’ Debt Collection Shops
May 23, 2022

The federal Consumer Financial Protection Bureau (CFPB) and the New York state attorney general filed a proposed judgment in federal court to settle its case against a group of debt collection firms that have a “history of deception and harassment,” according to a Monday (May 23)...

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Texas Man Gets 5 Years in Prison for Role in PayPal Fraud Scheme
May 11, 2022

The Department of Justice has reported that 37-year-old Marcos Ponce of Austin, Texas, was sentenced to five years in prison for a scheme to buy tens of thousands of compromised PayPal accounts, a press release said. Get the Full Story Complete the form to unlock...

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Nike Alleges Sneaker Marketplace StockX is Selling Fake Shoes
May 11, 2022

Nike is continuing its legal battle with StockX, a sneaker marketplace, alleging that the latter company sold fraudulent shoes, Bloomberg wrote Wednesday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Hermes Trademark Lawsuit Against MetaBirkins NFT Artist Moves Forward
May 08, 2022

French fashion house Hermes International has persuaded a judge not to throw out its trademark lawsuit against an artist selling “MetaBirkins” non-fungible tokens (NFTs) which show the company’s Birkin bags, Reuters reported Friday (May 6). Get the Full Story Complete the form to unlock this...

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Apple Sues Startup Rivos in Trade-Secret Case
May 02, 2022

Apple has accused Rivos, a “stealth mode” startup, in a lawsuit of poaching its engineers to steal trade secrets, a report from Bloomberg said Monday (May 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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BJ’s Asks Judge to Dismiss Walmart Patent Suit Over Sam’s Club’s Scan & Go App
May 01, 2022

BJ’s Wholesale has called for a federal judge to throw out a patent lawsuit that Walmart filed against it last month, CNBC wrote Friday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...