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Tag: Federal Law

SEC Sues Biggest Names In Crypto, Binance And Coinbase

June 7, 2023

The Securities and Exchange Commission (SEC) showed it isn’t pulling punches by going after the two most prominent names in the business, Binance and Coinbase, slapping them both with lawsuits accusing them of registered securities violations.

Read more at Forbes

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How holograms could be used in the courts

May 17, 2023

Holograms have the potential to make witness testimony more convenient and accessible should courts and administrative agencies adopt the technology.

However, it’s not yet clear whether hologram witness testimony would pass constitutional muster

Read more at WKBN

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ChatGPT passes exams from law and business schools

March 7, 2023

After completing 95 multiple choice questions and 12 essay questions, the bot performed on average at the level of a C+ student, achieving a low but passing grade in all four courses.

Read more at CNN

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What is Section 230, the rule that made the modern internet?

February 22, 2023

Twenty-six words tucked into a 1996 law overhauling telecommunications have allowed companies like Facebook, Twitter and Google to grow into the giants they are today.

A case coming before the U.S. Supreme Court this week, Gonzalez v. Google, challenges this law—namely whether tech companies are liable for the material posted on their platforms.

Read more at Tech Xplore

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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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Johnson and Johnson loses $17 billion in market value

January 30, 2023

Johnson & Johnson faces about 40,000 cancer lawsuits that allege tainted talc in the company's baby powder formula caused cancer for its users. The company has already been forced to pay billions of dollars in damages.

Read more at Yahoo News

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Military Members and Spouses Could Avoid State Income Taxes

January 19, 2023

Military Members and Spouses Could Avoid State Income Taxes Thanks to New Law

The rules governing where -- and, in many cases, if -- military members and their spouses pay state income taxes are changing thanks to a new law signed early this year.

Read more at Military.com

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Federal law creates stability standards for new furniture

January 18, 2023
Federal law creates stability standards for new furniture to help prevent tip-over accidents
This year, the Consumer Product Safety Commission will set minimum stability standards for new furniture that holds clothing. with the new STURDY Act.
The new law will strengthen furniture testing for real world situations such as when furniture is on carpet or when children climb on or pull on the drawers.
Read more at Boston 25 News
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