Tesla Sues Sweden Over Blocked License Plates, Citing Business Disruption
Nov 28, 2023 06:00 am UTC| Business Law
Tesla has filed a lawsuit against Sweden regarding the issue of blocked license plates. The renowned electric vehicle manufacturer alleges that the Swedish authorities have unjustly blocked its license plates, causing...
Atletico Madrid Sues Whalefin for €20 Million Over Breach of Shirt Sponsorship Deal
Nov 24, 2023 01:59 am UTC| Business Sports Law
Atletico Madrid, the Spanish football club, has announced its decision to file a lawsuit against Whalefin, a multinational corporation, seeking 20 million in damages. The legal action comes in response to the abrupt...
OpenAI, Microsoft Face Copyright Lawsuit Over AI Training Practices
Nov 22, 2023 13:48 pm UTC| Business Technology Law
OpenAI and Microsoft have found themselves embroiled in a fresh legal battle as they face a new author copyright lawsuit over their AI training practices. The lawsuit alleges that the companies have used copyrighted...
Genesis Sues Gemini for $689M, Citing Preferential Transfers in Crypto Market
Nov 22, 2023 10:57 am UTC| Business Digital Currency Law
Genesis, a leading financial institution, has filed a lawsuit against Gemini, one of the prominent cryptocurrency exchanges. The lawsuit aims to retrieve preferential transfers worth a staggering $689...
Binance's Zhao Addresses DOJ Deal; Richard Teng Named New CEO
Nov 22, 2023 05:36 am UTC| Business Law Digital Currency
With recent developments surrounding the Department of Justice plea deal, Binances CEO, Changpeng Zhao, has broken his silence. Additionally, Richard Teng has been named as the new CEO for the leading cryptocurrency...
Binance Nears $4 Billion Deal with US Justice Dept, Aims for Compliance
Nov 21, 2023 09:59 am UTC| Business Digital Currency Law
The US Justice Department is reportedly on the verge of reaching a settlement agreement with leading cryptocurrency exchange Binance. The deal is rumored to be worth a staggering $4 billion, Cointelegraph reported that...
US SEC Files Lawsuit Against Kraken for Operating Unregistered Crypto Trading Platform
Nov 21, 2023 09:41 am UTC| Business Digital Currency Law
The U.S. Securities and Exchange Commission (SEC) has sued the popular cryptocurrency exchange, Kraken, accusing the platform of violating securities laws. This legal action comes as regulators continue to scrutinize the...
Canada retail sales rises in September