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.

Former SEC Official Rails Against ICOs
Former SEC Official Rails Against ICOs
November 27, 2017  |  Blockchain

Initial coin offerings (ICOs) have sprung up seemingly out of the blue to become the new go-to financing method for up-and-coming startups (often with less...

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After Its Big ICO, Tezos May Be In Serious Trouble
After Its Big ICO, Tezos May Be In Serious Trouble
November 17, 2017  |  Blockchain

Troubling times over at Tezos — the blockchain company that made headlines in July when it snapped up $232 million through its independent coin offering. The...

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Equifax Says Bye-Bye To Bonuses And Buybacks
Equifax Says Bye-Bye To Bonuses And Buybacks
November 13, 2017  |  Security & Fraud

Equifax, home of the hack that compromised over 145 million Americans’ data, is just saying no to executive bonuses this year — and scrapping buybacks....

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Tezos Sued By Investors Over $232M ICO
Tezos Sued By Investors Over $232M ICO
November 06, 2017  |  Legal

Tezos, the technology project that raised $232 million via an initial coin offering in July, is being sued in a class-action lawsuit. Reuters, citing a...

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Kalanick’s Role Could Derail $10B Uber/SoftBank Deal
Kalanick’s Role Could Derail $10B Uber/SoftBank Deal
November 02, 2017  |  Ridesharing

Uber Technologies’ efforts to complete an investment by SoftBank Group that would inject billions of dollars into the ride-hailing company is at risk, thanks to...

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Small Business Borrower Sues Kabbage
Small Business Borrower Sues Kabbage
November 01, 2017  |  B2B Payments

A small business (SMB) in Massachusetts borrowing funds via marketplace lender Kabbage has sued the platform, igniting new debate in the conversation over the definition...

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Wells’ Woes Seep Into investment Banking
Wells’ Woes Seep Into investment Banking
October 20, 2017  |  Personnel

More bad news for Wells Fargo: The financial institution has fired four foreign exchange (Forex) bankers following an investigation into that business by both the...

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California Judge Rules Backpage.com Execs Can Be Charged With Money Laundering
California Judge Rules Backpage.com Execs Can Be Charged With Money Laundering
August 24, 2017  |  Legal

A judge has ruled that money laundering charges can be brought against the creators of a website that California prosecutors label an online brothel. The...

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Uber Drama Is Driving Execs Out
Uber Drama Is Driving Execs Out
August 11, 2017  |  Ridesharing

If you’ve been thinking lately, “You know who hasn’t seen enough drama this summer? Uber,” then you’re in luck. CNBC reports news that Uber’s SVP of...

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