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US DOJ Launches National Crypto Enforcement Team
legal

US DOJ Launches National Crypto Enforcement Team

The US DOJ has unveiled establishing a National Cryptocurrency Enforcement Team (NCET), a law enforcement task force fighting crypto crime.

Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System
legal

Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System

Chief Legal Officer Paul Grewal unveils Coinbase's ERC-20 Scam Token Detection System, combining smart contract auditing with machine learning to tackle crypto scams. Disclosed on October 6, 2023, this initiative enhances security and trust in token listings on the platform.

News Industry Grapples with Financial Woes and AI Disruption
legal

News Industry Grapples with Financial Woes and AI Disruption

The news industry faces declining advertising revenue, declining subscriber growth, and AI-driven disruptions, necessitating strategic shifts and legal disputes to adapt to digital advertising trends.

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle
legal

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.

JPMorgan: El Salvador to Face multiple Obstacles on the way to Implement Bitcoin as Fiat Money
legal

JPMorgan: El Salvador to Face multiple Obstacles on the way to Implement Bitcoin as Fiat Money

JPMorgan Chase, citing a report, stated that El Salvador’s designation of Bitcoin as legal tender would bring various obstacles to its country, questioning the robustness of the payment mechanism.

SEC and Ripple's Next Meeting for XRP Case Set for May 21
legal

SEC and Ripple's Next Meeting for XRP Case Set for May 21

The next hearing between the Securities and Exchange Commission (SEC) and Ripple will be held on May 21.

Utah Passes Law Recognizing Decentralized Autonomous Organizations
legal

Utah Passes Law Recognizing Decentralized Autonomous Organizations

The Utah State Legislature has passed the Utah Decentralized Autonomous Organizations Act, providing legal recognition and limited liability to DAOs, also known as "Utah LLDs". The act defines ownership, protects anonymity, and introduces quality assurance protocols.

ChatGPT in Finance: A New Era of Ethical Considerations and Solutions
legal

ChatGPT in Finance: A New Era of Ethical Considerations and Solutions

ChatGPT is revolutionizing the finance sector, bringing innovative applications and ethical challenges. This article explores its uses, the ethical concerns it raises, and potential solutions for a responsible future in finance.

Canadian Tax Agency Asks Coinsquare Crypto Exchange to Hand Over Clients Personal Data
legal

Canadian Tax Agency Asks Coinsquare Crypto Exchange to Hand Over Clients Personal Data

The Canada Revenue Agency has requested a judge of the Federal Court to force a crypto exchange to hand over information about all its customers.

Judge Kaplan Denies Bankman-Fried's Request for Sentencing Adjournment
legal

Judge Kaplan Denies Bankman-Fried's Request for Sentencing Adjournment

Former FTX CEO Sam Bankman-Fried's sentencing hearing, scheduled for March 28, 2024, was postponed by Judge Lewis Kaplan, ensuring the legal process remains on its original timeline.

Voyager Digital Executives Threatened by Clients, Revealed in Bankruptcy Hearing
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Voyager Digital Executives Threatened by Clients, Revealed in Bankruptcy Hearing

Senior executives of crypto broker Voyager Digital and their families were reportedly threatened by their clients, a court in Manhattan revealed.

Bittrex Faces Potential Legal Action from US SEC
legal

Bittrex Faces Potential Legal Action from US SEC

Bittrex, a US-based cryptocurrency exchange, may face legal action from the US Securities and Exchange Commission (SEC) over alleged violations related to investor protection, despite preparing to shut down its local operations.

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