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 Targets Heights Finance for Alleged Illegal Loan Churning

CFPB Targets Heights Finance for Alleged Illegal Loan Churning
CFPB Targets Heights Finance for Alleged Illegal Loan Churning
August 22, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Heights Finance Holding, formerly known as Southern Management, and several of its subsidiaries, charging they have engaged...

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Bankman-Fried Survives on ‘Bread and Water,’ Pleads ‘Not Guilty’ to $100 Million Fraud Charges
Bankman-Fried Survives on ‘Bread and Water,’ Pleads ‘Not Guilty’ to $100 Million Fraud Charges
August 22, 2023  |  Cryptocurrency

FTX founder Sam Bankman-Fried is reportedly surviving on “bread and water” in jail as he awaits trial. Get the Full Story Complete the form to unlock this...

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Consumers’ Lower Restaurant Tips May Trigger Mandatory Minimum Wages
Consumers’ Lower Restaurant Tips May Trigger Mandatory Minimum Wages
August 21, 2023  |  Legal & Regulation

With consumers tipping less, restaurant owners are weighing the risks of alienating diners against workers seeking better pay arrangements. Get the Full Story Complete the...

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CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
August 17, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. Get the...

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Judge Allows SEC to File Motion for Appeal in Ripple Labs Case
Judge Allows SEC to File Motion for Appeal in Ripple Labs Case
August 17, 2023  |  Legal & Regulation

A U.S. district judge has granted the Securities and Exchange Commission (SEC) permission to file a motion for leave to file an interlocutory appeal in...

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Binance Connect Shutdown Highlights Crypto’s Ongoing Identity Crisis
Binance Connect Shutdown Highlights Crypto’s Ongoing Identity Crisis
August 17, 2023  |  Cryptocurrency

The year 2022 could not have been better for the world’s largest cryptocurrency exchange, Binance. Get the Full Story Complete the form to unlock this article...

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SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
August 15, 2023  |  Legal & Regulation

Embattled lender SVB Financial, which is embroiled in a dispute with the U.S. Federal Deposit Insurance Company (FDIC), says it is losing $8.5 million a...

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A Crypto Crime Chronicled: Prosecutors Lay Out Case Against Bankman-Fried
A Crypto Crime Chronicled: Prosecutors Lay Out Case Against Bankman-Fried
August 15, 2023  |  Legal & Regulation

Facing consequences is something relatively new for alleged cryptocurrency criminal Sam Bankman-Fried. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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