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What Laws Are Impacting Grand Rapids Area Residents

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Law In The News

FTX Customers Sue Financiers

February 15, 2023

FTX Customers Sue Financiers for Giving Bankrupt Crypto Exchange an 'Air of Legitimacy'

The customers said the defendants lent FTX an "air of legitimacy" by vouching that they had examined its operations--with a Sequoia executive once saying "we did our homework"--and found them "safe and secure" for cryptocurrency investors.

Read more at US News

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The spy who wasn’t

February 13, 2023

The spy who wasn’t? New York police officer wants badge back

Angwang, a former U.S. Marine, spent six months in a federal detention center before he was freed on bail while awaiting trial on charges that he fed information about New York’s Tibetan community to officials at the Chinese consulate in New York.

Then, just as suddenly, it was over. Federal prosecutors in Brooklyn dropped the charges Jan. 19, saying only that they were acting “in the interest of justice.” They didn’t explain further.

Read more at PIX11

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NFTs and Intellectual Property

February 7, 2023

NFTs and Intellectual Property: What Do You Actually Own?

Copyright law does not give an NFT owner any rights unless the creator takes affirmative steps to make sure that it does.

Read more at CoinDesk

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Retirement and Pension Benefits for Tax Year 2022

February 1, 2023

Michigan Updates Information on Income Tax Treatment of Retirement and Pension Benefits for Tax Year 2022

It's that time of year.

The Michigan Department of Treasury has issued a release that summarizes the Michigan income tax treatment of retirement and pension benefits effective for tax year 2022.

Read more at Thomson Reuters

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