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.

$1 Billion in Three Arrows Founders’ Assets Frozen by Court
$1 Billion in Three Arrows Founders’ Assets Frozen by Court
December 21, 2023  |  Cryptocurrency

A court has reportedly frozen $1 billion in Three Arrows Capital’s founders’ assets. The ruling came down earlier this week from a court in the British...

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5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in 2024 
5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in...
December 20, 2023  |  Regulation

December’s on the way out. Congress is quiet, on recess until the beginning of next year. The Supreme Court’s not hearing arguments at the moment....

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AI Can’t Patent Inventions, UK Supreme Court Rules
AI Can’t Patent Inventions, UK Supreme Court Rules
December 20, 2023  |  Artificial Intelligence

The British court has ruled that a scientist cannot patent inventions created by an AI. The ruling by the U.K. Supreme Court is a “landmark” decision in...

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FTX Trading and FTX Digital Markets Reach Settlement 
FTX Trading and FTX Digital Markets Reach Settlement 
December 19, 2023  |  Cryptocurrency

Bankrupt crypto exchange FTX Trading has reached a settlement with liquidators for its Bahamas unit, resolving a dispute over whether the company’s U.S. bankruptcy proceedings should...

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Apple Hurries to Update Watches Before Ban Begins
Apple Hurries to Update Watches Before Ban Begins
December 19, 2023  |  Apple

Apple is reportedly scrambling to update its smartwatches ahead of a U.S. ban. The tech giant’s engineers are working to change the devices’ algorithms that...

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Google Agrees to $700 Million Settlement in Play Store Case
Google Agrees to $700 Million Settlement in Play Store Case
December 19, 2023  |  ANTITRUST

Google will pay $700 million to settle an antitrust suit involving its Play store. The tech giant announced the settlement Monday (Dec. 18), revealing the...

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Court Approves CFTC’s Settlement With Binance
Court Approves CFTC’s Settlement With Binance
December 18, 2023  |  Legal

A U.S. district court has approved a previously announced settlement and entered an order against cryptocurrency exchange Binance and its former CEO, Changpeng Zhao. The U.S. District Court...

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Lawmakers Question Apple’s Limits on Android Access to iMessage
Lawmakers Question Apple’s Limits on Android Access to iMessage
December 18, 2023  |  Apple

A group of bipartisan lawmakers has called for a probe into whether Apple violated antitrust laws by shutting down third-party applications that enabled Android devices to...

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Apple to Halt Sales of 2 Smartwatches Amid Patent Dispute
Apple to Halt Sales of 2 Smartwatches Amid Patent Dispute
December 18, 2023  |  Apple

Apple is set to halt sales of two models of its smartwatch in the coming days as the company prepares to comply with a U.S....

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