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.

Swiss Bank UBS Takes Appeal of Money Laundering Verdict to French Supreme Court

Swiss Bank UBS Takes Appeal of Money Laundering Verdict to French Supreme Court
Swiss Bank UBS Takes Appeal of Money Laundering Verdict to French Supreme Court
December 20, 2021  |  Cross-border Payments

UBS has filed an appeal over a Paris court’s decision that upheld the company’s conviction for money laundering, Reuters reported Monday (Dec. 20). Get the...

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Four Executives Sentenced in SBA Fraud Case
Four Executives Sentenced in SBA Fraud Case
December 17, 2021  |  Cybersecurity

Four Indiana executives once associated with the now-defunct Banc-Serv Partners LLC were sentenced to prison in federal court this week. The government alleged that all...

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Ex-Olympian Allison Baver Accused of $10M in PPP Fraud
Ex-Olympian Allison Baver Accused of $10M in PPP Fraud
December 17, 2021  |  Cybersecurity

Federal prosecutors say that a former Olympic speed skater fraudulently obtained $10 million in COVID relief funds, using some of that money to finance a...

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Bitcoin Daily: Bank of Thailand to Define ‘Red Lines’ for Crypto Industry; Beijing Court Finds Bitcoin Mining Contract Invalid
Bitcoin Daily: Bank of Thailand to Define ‘Red Lines’ for Crypto Industry; Beijing Court Finds...
December 16, 2021  |  Bitcoin

Idaho Central Credit Union, the biggest credit union in the state, will offer bitcoin services, a report from Bitcoin Magazine says.  Get the Full Story...

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Ex-McKinsey Partner Pleads Guilty to GreenSky Insider Trading Charges
Ex-McKinsey Partner Pleads Guilty to GreenSky Insider Trading Charges
December 15, 2021  |  Cybersecurity

Ex-McKinsey partner Puneet Dikshit, 40, has pled guilty to securities fraud, CNBC writes.  Get the Full Story Complete the form to unlock this article and...

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NatWest Faces $350M in Fines After Guilty Plea in Money Laundering Case
NatWest Faces $350M in Fines After Guilty Plea in Money Laundering Case
December 13, 2021  |  Cybersecurity

NatWest, a U.K. state-backed bank, must pay 265 million pounds (about $350 million) after pleading guilty to failing to prevent money laundering, Reuters reported. Get...

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Exiting Singapore, Embattled Crypto Exchange Binance Retreats Again
Exiting Singapore, Embattled Crypto Exchange Binance Retreats Again
December 13, 2021  |  Cryptocurrency

The world’s largest cryptocurrency exchange has pulled out of yet another country under fire from regulators.  Get the Full Story Complete the form to unlock...

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Florida Jury Allows Self-Proclaimed Bitcoin Inventor to Keep Entire $50B Cache of Crypto
Florida Jury Allows Self-Proclaimed Bitcoin Inventor to Keep Entire $50B Cache of Crypto
December 06, 2021  |  Cryptocurrency

Self-proclaimed bitcoin creator Craig Wright does not have to pay the brother of his late partner, Dave Kleiman, half of a $50 billion bitcoin fortune,...

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