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.

CFPB Upheaval Leaves Hundreds of Millions in Settlements Unclaimed
CFPB Upheaval Leaves Hundreds of Millions in Settlements Unclaimed
March 03, 2025  |  Legal & Regulation

With the CFPB’s future in limbo, so too are hundreds of millions in consumer settlements. For example, Reuters reported Monday (March 3), there is a $100 million pot...

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Former CFPB Chief Technologist Tells Court Agency Cuts Put Data at Risk
Former CFPB Chief Technologist Tells Court Agency Cuts Put Data at Risk
February 28, 2025  |  Legal & Regulation

Former Consumer Financial Protection Bureau (CFPB) Chief Technologist Erie Meyer reportedly said in court documents filed Friday (Feb. 28) that the cancellation of cybersecurity contracts at the agency...

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SEC Dismisses Lawsuit Against Coinbase, Promises Regulatory Framework for Crypto
SEC Dismisses Lawsuit Against Coinbase, Promises Regulatory Framework for Crypto
February 28, 2025  |  Cryptocurrency

The Securities and Exchange Commission (SEC) said Thursday (Feb. 27) that it dismissed its pending civil enforcement action against cryptocurrency exchange Coinbase. The SEC said...

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Frank Fraud Trial Begins With Accusations of Lies From Both Sides
Frank Fraud Trial Begins With Accusations of Lies From Both Sides
February 23, 2025  |  Legal & Regulation

Did Charlie Javice dupe JPMorgan Chase into buying her college financial aid startup Frank? Or did the world’s largest bank simply accuse Frank of fraud...

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UK Court Approves Settlement in Class Action Targeting Mastercard
UK Court Approves Settlement in Class Action Targeting Mastercard
February 21, 2025  |  Legal & Regulation

A London court approved a settlement in a class action lawsuit brought against Mastercard over its swipe fees. By approving the deal, the Competition Appeal...

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Coinbase Says SEC Will Dismiss Lawsuit Against Company Next Week
Coinbase Says SEC Will Dismiss Lawsuit Against Company Next Week
February 21, 2025  |  Legal & Regulation

Coinbase said Friday (Feb. 21) that Securities and Exchange Commission (SEC) staff have agreed in principle to dismiss the agency’s enforcement case against the cryptocurrency company,...

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Synapse Collapse Reportedly Target of Criminal Grand Jury Probe
Synapse Collapse Reportedly Target of Criminal Grand Jury Probe
February 20, 2025  |  Legal & Regulation

A grand jury is reportedly probing criminal conduct at bankrupt FinTech firm Synapse. The grand jury has questioned an executive who sounded alarms before the...

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Judge Denies State Attorneys General Request to Bar DOGE From Data
Judge Denies State Attorneys General Request to Bar DOGE From Data
February 18, 2025  |  Legal & Regulation

A federal judge denied a request by 14 state attorneys general to temporarily bar the Elon Musk-led Department of Government Efficiency (DOGE) from accessing data...

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DOJ Bars 10 Individuals and Businesses From Making Unauthorized Debits
DOJ Bars 10 Individuals and Businesses From Making Unauthorized Debits
February 18, 2025  |  Cybersecurity

The Department of Justice said Tuesday (Feb. 18) that a district court in Miami permanently barred 10 individuals and entities from making unauthorized debits to...

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