legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Celsius Network Sues Prime Trust, Alleging It Still Holds Crypto Assets

Celsius Network Sues Prime Trust, Alleging It Still Holds Crypto Assets
Celsius Network Sues Prime Trust, Alleging It Still Holds Crypto Assets
August 23, 2022  |  Cryptocurrency

Bankrupt crypto lender Celsius Network has reportedly sued its former business partner, crypto custodian Prime Trust, demanding the return of $17 million in crypto that...

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MerusCase Debuts Payments Platform for Law Firms
MerusCase Debuts Payments Platform for Law Firms
August 23, 2022  |  Digital Payments

Law practice management software maker MerusCase has released MerusPay, an all-in-one payments platform, letting customers process payments without third-party applications. Get the Full Story Complete...

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Block ‘Disappointed’ After CFPB Said It Slow-Rolled Cash App Probe
Block ‘Disappointed’ After CFPB Said It Slow-Rolled Cash App Probe
August 19, 2022  |  CFPB

A Block spokesperson told PYMNTS Friday (Aug. 19) that the company is “disappointed” that the Consumer Financial Protection Bureau (CFPB) has filed a petition for...

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Gravity Payments Boss Who Cut His Pay for Employees Resigns
Gravity Payments Boss Who Cut His Pay for Employees Resigns
August 18, 2022  |  Personnel

A payments company CEO and founder who made international headlines for reducing his own salary to boost every employee to a minimum annual of $70,000...

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Amazon Petitions FTC to Back Down on ‘Unduly Burdensome’ Subpoenas
Amazon Petitions FTC to Back Down on ‘Unduly Burdensome’ Subpoenas
August 16, 2022  |  Amazon

A Federal Trade Commission (FTC) probe into Amazon Prime and its other subscription services has become “unduly burdensome” to employees and executives after at least...

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Voyager Investors Sue Mark Cuban Over Alleged ‘Ponzi Scheme’ Promotion
Voyager Investors Sue Mark Cuban Over Alleged ‘Ponzi Scheme’ Promotion
August 14, 2022  |  Legal & Regulation

Billionaire Mark Cuban is being sued over allegations that he misled investors to put money into now-bankrupt crypto lender Voyager Digital, a class-action lawsuit filed...

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FTC Sends $9.7M in Fee Refunds to LendingClub Customers
FTC Sends $9.7M in Fee Refunds to LendingClub Customers
August 12, 2022  |  Legal & Regulation

The Federal Trade Commission (FTC) is sending over $9.7 million in payments to 61,990 customers who the FTC said were charged hidden fees from LendingClub,...

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S Korea Arrests 3 in $3.4B Crypto Trading Scheme
S Korea Arrests 3 in $3.4B Crypto Trading Scheme
August 11, 2022  |  Cryptocurrency

Prosecutors in South Korea have arrested three people in an investigation into $3.4 billion in foreign exchange transactions that could be tied to illegal cryptocurrency...

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