Category: legal
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Thousands of rail fare prosecutions to be overturned following landmark ruling on legal process
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Up to 74,000 rail fare evasion prosecutions in England and Wales are set to be thrown out after a landmark ruling found the legal process used by UK train companies was unsound. Judge Paul Goldspring, the president of the UK’s High Court, ruled on Thursday that the single justice procedure,…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…
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Celsius Drags Tether To Court In $3.5 Billion Legal Showdown
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Celsius, a cryptocurrency lender, has filed a lawsuit against Tether, accusing it of misappropriating assets. The move comes amid the cryptocurrency company, which filed for bankruptcy in 2022,’s latest attempt to recover billions of dollars in funds for creditors. Why is Celsius asking for over $3.5 billion from Tether? Bankrupt…
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Donald Trump’s monthly legal expenses dip below $1 million
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As a former president Donald Trump As Trump faces an intense fundraising effort from the Democratic Party, a persistent burden on his campaign coffers may be starting to ease: legal expenses. A new report shows that the Save America political action committee paid about $827,000 in June for Trump’s legal…
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Labour faces legal quandary over proposed North Sea licence ban
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The Labour government faces a major legal challenge over its commitment to an immediate ban on new oil and gas exploration licences in the North Sea amid an ongoing licensing round. After Labour secured power with a decisive election victory last week, its promise to halt new exploration licences in…
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Legal Expert Praises Bitcoin, Labels It Freedom Against Financial Control, Here’s Why
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In a recent public statement, John E. Deaton, a well-known legal expert and cryptocurrency advocate, said: Named Bitcoin, the largest digital asset, is a symbol of financial freedom and a key tool in the fight against centralized financial control from prominent figures such as US Senator Elizabeth Warren. Deaton’s praise…
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Legal Expert Praises Bitcoin, Labels It Freedom Against Financial Control, Here’s Why
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In a recent public statement, John E. Deaton, a well-known legal expert and cryptocurrency advocate, said: Named Bitcoin, the largest digital asset, is a symbol of financial freedom and a key tool in the fight against centralized financial control from prominent figures such as US Senator Elizabeth Warren. Deaton’s praise…
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One way to get real-life legal experience? A free trip to the Paris Olympics
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Breadcrumbs Path Links PMN Business Article author: Associated Press Jonathan Landrum Jr. Posted on July 03, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content LOS ANGELES (AP) — Once a year, law…
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Attorney Sheds Light On Possible SEC Judgement As Ripple Enters Final Days Of Legal Battle
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The lawyer provided insights into: Imminent court ruling From the US Securities and Exchange Commission (SEC) regarding its lawsuit against Ripple. Legal battle The end of the Ripple case finally appears to be near, as the lawyer explained how potential rulings could impact Ripple’s reputation and digital asset operations in…
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Attorney Sheds Light On Possible SEC Judgement As Ripple Enters Final Days Of Legal Battle
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The lawyer provided insights into: Imminent court ruling From the US Securities and Exchange Commission (SEC) regarding its lawsuit against Ripple. Legal battle The end of the Ripple case finally appears to be near, as the lawyer explained how potential rulings could impact Ripple’s reputation and digital asset operations in…
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Binance Leaders Off the Hook in Nigeria Tax Evasion Case after Legal Shuffle
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Today (Friday), Nigeria dropped tax evasion charges against two Binance executives after a local representative was appointed by the cryptocurrency exchange to handle the legal proceedings. Tigran Gambaryan, a US citizen and head of financial crimes compliance, and Nadeem Angarwala, the British-Kenyan regional director for Africa, have denied the accusations.…
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Easy Life band forced to rebrand following legal battle with EasyGroup
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The band formerly known as Easy Life was rebranded as Hard Life after a legal dispute with EasyGroup, owners of the airline brand EasyJet. The Leicester-based indie band, which was founded in 2017, made the announcement to coincide with the release of their new single “Tears”. Frontman Murray Matravers expressed…
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Analysis-As Supreme Court decisions loom, a legal assault is weakening SEC’s power By Reuters
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Written by Chris Prentice and Michelle Price WASHINGTON (Reuters) – A legal attack on the U.S. Securities and Exchange Commission has diminished its powers to oversee Wall Street and is likely to worsen with two impending Supreme Court rulings. A US appeals court last week struck down a key Securities…
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Cold Stone Creamery is facing a legal battle after a New York woman discovered that her ‘pistachio’ ice cream contained no real pistachios
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Is it crazy to assume that a scoop of pistachio ice cream has to contain real pistachios? Or how about real butter in a bowl of butter pecans? Such important questions about the favorite summer dessert could soon be decided by the courts. A New York federal judge has given…
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Binance Counters $13 Billion Lawsuit: Pursues Size Reduction In UK Legal Showdown
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In a recent development, cryptocurrency exchange Binance has moved to dismiss the majority of a £10 billion ($12.8 billion) lawsuit filed in London, mentioned By Reuters. The lawsuit, which is being heard at the Competition Appeal Tribunal (CAT), accuses Binance and other exchanges of conspiring to “delist” cryptocurrency Bitcoin Satoshi…
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Binance Counters $13 Billion Lawsuit: Pursues Size Reduction In UK Legal Showdown
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In a recent development, cryptocurrency exchange Binance has moved to dismiss the majority of a £10 billion ($12.8 billion) lawsuit filed in London, mentioned By Reuters. The lawsuit, which is being heard at the Competition Appeal Tribunal (CAT), accuses Binance and other exchanges of conspiring to “delist” cryptocurrency Bitcoin Satoshi…
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Swiss Finance Minister flags legal risks to winding up global banks By Reuters
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ZURICH (Reuters) – International financial authorities must take into account the legal risks surrounding the potential liquidation of global banks, Swiss Finance Minister Karin Keller-Sutter said on Wednesday. In an interview with the Frankfurter Allgemeine Zeitung newspaper, Keller Sutter was asked whether the rules for dealing with banks deemed “too…
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Ethereum’s Vitalik Buterin Donates 30 ETH to Support Tornado Cash Devs’ Legal Defense
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Ethereum co-founder Vitalik Buterin has donated 30 ETH, worth approximately $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm through decentralized fundraising platform Juicebox. According to on-chain data, practical From an address associated with Buterin, called Vitalik.eth, sent at 1:58 AM EST on May…
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Baosheng Media Group Holdings Limited Announces Filing of Current Report on Form 6-K with the SEC regarding Pending Legal Proceeding By Investing.com
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BEIJING, China, May 31, 2024 (GLOBE NEWSWIRE) — Baosheng Media Group Holdings Limited (NASDAQ: BAOS) (Baosheng or the Company), a China-based online marketing solutions provider, today announced that on May 9, 2024, the company filed a current report on Form 6-K to the U.S. Securities and Exchange Commission (“SEC”) in…