Former FTX CEO Sam Bankman-Fried has pled not guilty to all criminal charges he’s facing, including wire fraud, securities fraud and violations of campaign finance laws. In total, the entrepreneur fac...
Tag: Law
New Law Allows Tax-Free 529 Rollovers to Roth IRAs
secure act 529 Using a 529 plan to save for a child’s education comes with a lot of advantages. All earnings generated by the after-tax investments are tax-free for qualified educational expense...
CFTC files its own case against Mango Markets exploiter
The Commodity Futures Trading Commission is suing Avraham Eisenberg, aka Mango Avi, over alleged manipulation of swaps on Mango Markets, a decentralized exchange on the Solana blockchain. The n...
Did FTX Rekt You? Using this website, you can contact law enforcement
Join Our Telegram channel to stay up to date on breaking news coverage Are you a victim of FTX? Better call the federal authorities. Or at the very least, go to the website they’ve established to diss...
Were You Rekt by FTX? This Website Connects You to Law Enforcement
Are you an FTX victim? Better call the Feds. Or at least visit the website they’ve set up to distribute information about their criminal case against FTX founder Sam Bankman-Fried. On Friday, U.S. Fed...
Law Enforcement Investigates Vulnerabilities That Led to Hack
Ankr has released the most recent information on the exploit case following the events of the DeFi protocol’s aBNBc token exploit on Dec. 1. 1/ The exploit case is ongoing. We did not release up...
Mark Cuban Warns of Potential New Crypto Scandal and Fraud
The cryptocurrency industry in recent months has been hit by numerous scandals, which have sharply raised skepticism and mistrust among the general public and encouraged more calls for regulators to s...
Italy crypto tax: the new 2023 budget law
A few days ago, the Parliament in Italy approved the Budget Law 2023, in which among other things a new tax system for crypto has been introduced. The issue is very technical and, as is often the cas...
People Using Generative AI ChatGPT Are Instinctively Making This AI Rookie Mistake, A Vexing Recipe For AI Ethics And AI Law
Do not conversationally overshoot and nor undershoot when using the latest in generative AI such as … [+] ChatGPT. getty Force of habit. I’m sure you’ve experienced it. The underlying notion con...
Tesla Calling Its Cars ‘Full Self-Driving’ May Run Afoul Of New California Law
Illustration by Fernando Capeto for Forbes; Photos by Mike Coppola/Getty Images; Artur Widak/NurPhoto/Getty Images The electric vehicle company’s continued marketing of its Full Self-Driving option—...
Israel regulator wants law amended for better crypto regulation
The Israel Securities Authority (ISA) has forwarded draft amendments on crypto. It aims to protect citizens from the risks associated with trading digital assets. ISA is responsible “for safeguarding ...
Israel’s financial regulator proposes crypto inclusion to securities law
Israel’s financial regulator proposed draft amendments to sweep digital assets into existing financial laws and expand the definition of securities. The proposals look to protect investor...
Morocco’s central bank announces draft crypto law
The governor of Bank Al-Maghrib (BAM), Abdellatif Jouahiri, told the media a Moroccan draft crypto law that aims to shield people from the risks associated with cryptocurrency trading is ready. Jouhar...
New year, same old troubles — The FTX saga continues in 2023: Law Decoded, Dec. 26-Jan. 2
Having been granted the opportunity to enjoy Christmas and the New Year with his family, former FTX CEO Sam Bankman-Fried has very few reasons for optimism in 2023. Although having been granted the op...
Crypto taxation: the new budget law
A true marathon in which there was no shortage of obstacles, even of a procedural nature in the path of approval, mostly due to skirmishes in the courtroom between political forces in opposition and t...
Sinister Prompting Of Generative AI ChatGPT Such As Email Scamming And The Coding Of Malware Is Sparking Ire By AI Ethics And AI Law
Coping with sinister uses of generative AI such as ChatGPT is a looming issue and worthy of openly … [+] discussing. getty “Oh, what a tangled web we weave, when first we practice to decei...
Morocco Central Bank Governor Says Crypto Draft Law Now ‘Ready’ – Bitcoin News
A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, Abdellatif Jouahiri, the governor of...
FTX Collapse: Bankman-Fried May Plead Not Guilty
Sam Bankman-Fried will start 2023 as he ended 2022 — in court. The fallen former king of crypto is at the heart of one of the biggest scandals that the young blockchain-powered financial servic...
New York Signs Crypto Moratorium into Law
It’s happened, folks. We’ve always known New York wasn’t crazy about cryptocurrency, but this new law its governor has recently passed clearly takes its dislike of the industry to a whole new level. T...
Silvergate Capital hit with class action lawsuit for Securities Law violations
Pomerantz LLP — a firm dedicated to representing the rights of defrauded investors — filed a class action lawsuit against Silvergate Capital over alleged violations of the Securities Exchange Act. The...
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law – Taxes Bitcoin News
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to decl...
People Are Eagerly Consulting Generative AI ChatGPT For Mental Health Advice, Stressing Out AI Ethics And AI Law
Should we be using generative AI such as ChatGPT to get mental health advice? Some say this is a … [+] slippery slope and an endangerment. getty Mental health has become a widespread topic nowad...
NLRB says Tesla violated the law by telling employees not to talk about pay
The National Labor Relations Board has accused Tesla of violating labor law by prohibiting employees in Orlando, Florida from talking about workplace matters. According to Bloomberg, NLRB’s Tamp...
Restaurant Group Files To Stop Implementation Minimum Fast-Food Wage Law In California
A restaurant-industry group reportedly sued some California state officials, alleging they plan to illegally implement a new law that would set minimum hourly wages for fast-food workers. The Californ...
Embattled Cryptocurrency Solana Continues to Crash
The Solana cryptocurrency nightmare seems endless. The token, known as SOL, is one of the few cryptocurrencies directly linked to Sam Bankman-Fried, the disgraced king of the crypto sphere who filed ...
the new cash cow for law firms in 2023
Cryptocurrency turmoil has shaken major crypto exchanges and driven the price of crypto assets lower, but one group stands to benefit: bankruptcy lawyers. The potential for significant fees via regula...
Crypto Winter Gets Colder as Kraken Closes Japanese Operations
The crypto winter just got a bit colder. Cryptocurrency exchange Kraken said it had decided to cease its operations in Japan and deregister from the country’s regulatory agency as of Jan. 31. T...
U.S. law firm files class action lawsuit against Gemini over failed Earn product
Kim & Serritella LLP has filed a class action lawsuit against Gemini, a regulated New York-based cryptocurrency exchange, and its founders, Tyler and Cameron Winklevoss. The law firm claims they v...
Twenty-Five Eye-Opening 2023 Predictions About Generative AI And ChatGPT Including A Splash Of AI Ethics And AI Law Tossed In
Making some bold and vital predictions for 2023 about generative AI and ChatGPT, including AI Ethics … [+] and AI Law considerations too. getty Bigger, better, and badder. That’s the overall gis...
14 Crypto Law Predictions For 2023, According To Delphi Labs
Gabriel Shapiro, the legal counsel at crypto company Delphi Labs and a US attorney with more than a decade of experience, has made his predictions for the coming year 2023. However, contrary to the cr...
SBF stays at parents’ house on a $250 million bail: Law Decoded, Dec. 19-26
Former FTX CEO Sam Bankman-Fried landed in the United States on Dec. 21. And, at least till the end of his court cases, he will live with his parents in Palo Alto, California. A bail was granted to SB...