Despite growing pains, digital currencies and blockchain may be the future of payments and global finance. As with any disruptive technology that gains popularity quickly, building the legal framework to support it is challenging. Advocates of digital currencies are struggling with attempts to use existing laws to fit the new paradigm because guidance is limited, and … Continue Reading
Last week, we blogged about the latest development in Bitcoin news: how a California bankruptcy court will define Bitcoin. That was the subject of a trustee’s clawback suit against Marc Lowe, a former employee of Hashfast Technologies Inc. And as we stated in our last post, this court’s ruling would set a precedent for financial … Continue Reading
The confusion over Bitcoin grows in the latest lawsuit brought in a California bankruptcy court by Trustee Mark Kasolas against Marc Lowe, a former employee of HashFast Technologies LLC. The trustee alleges, among other things, that Lowe received from the bankrupt Bitcoin mining company fraudulent transfers which included 3,000 Bitcoin (“BTC”) in September 2013, valued … Continue Reading
Facebook is yet again being tagged in a breach of data protection laws, but this time it’s ‘checking-in’ to a European court in Brussels, Belgium. A recent slew of cases, in which Facebook is the leader, hints at stricter and broader privacy laws to protect users’ private data. Harvesting data for marketers and advertisers continues … Continue Reading
Facebook is yet again being tagged in a breach of data protection laws, but this time it’s ‘checking-in’ to a European court in Brussels, Belgium. A recent slew of cases, in which Facebook is the leader, hints at stricter and broader privacy laws to protect users’ private data. Harvesting data for marketers and advertisers continues … Continue Reading
Facebook, the world’s largest social network, is no stranger to litigation or criticism for its utilization of user data that has resulted in lawsuits. And one of those in particular complained about what happens when Facebook intercepts messages between users, compiles data, and shares that data with marketers. On Tuesday, November 3, U.S. District Judge … Continue Reading
Facebook, the world’s largest social network, is no stranger to litigation or criticism for its utilization of user data that has resulted in lawsuits. And one of those in particular complained about what happens when Facebook intercepts messages between users, compiles data, and shares that data with marketers. On Tuesday, November 3, U.S. District Judge … Continue Reading
