Tagged With legal
Here's one piece of evidence to suggest that cryptocurrency remains an extremely hot commodity despite recent crashes in the price of Bitcoin: Armed gang members kidnapped a top executive at UK-registered cryptocurrency exchange Exmo Finance this week and only released him after they were paid a $US1 million equivalent ransom in bitcoins, the Financial Times reported.
Now that Apple has actually admitted to using software updates to limit the performance of older iPhones, people are pissed. So naturally they went and did what any angry American would do: sue.
If you're the Federal Bureau of Investigation (FBI), tasked with rapidly uncovering plots involving terrorism and cybercrime, you want access to as much intelligence as you can get your hands on. After all, your successes are rarely rewarded with a ticker-tape parade, but when you fail, well, there's lots of career-ending blame and congressional testimony to go around.
The US state of Indiana is suing the former owner of a hotel over a policy to charge guests $US350 ($454) for making "disparag" public comments about the business. According to the state's attorney general's office, Katrina Arthur wrote a negative online review of Abbey Inn and Suites in March 2016. The hotel room, she says, was filthy, but hotel staff never responded to requests to clean it.
Martin Shkreli, the convicted securities fraudster, insufferable troll, and so-called "Pharma Bro" widely loathed for jacking up the price of anti-parasitic drug Daraprim, bought the Wu-Tang clan's single-copy album Once Upon a Time in Shaolin in 2015, impressively making himself even more widely loathed. It's possible yet the public will get to hear that album, as the Department of Justice is demanding Shkreli fork it over as part of a $US7.36 ($10) million forfeiture, CNBC reported last Friday.
A landmark new study following officers in the US capital has found no evidence that body cameras reduce allegations of police misconduct or officer use of force. More than 2000 officers participated in the study, making it the largest of its kind in the United States. Tracked over several months, Metropolitan Police Department (MPD) officers with body cameras received roughly the same number of civilian complaints as those without them and reported using force just about as often.
Zainali Jaffer, the co-founder and CEO of ad tech platform Vungle, has been placed on indefinite leave after being arrested for a litany of crimes. According to inmate information from the San Mateo County Sheriff's Office, Jaffer is being held on charges of child abuse, lewd act upon a child, "oral copulation of a person under 14", assault with a deadly weapon, battering an officer and emergency personnel, and attempted murder.
If you're going to commit a crime, it's probably best not to brag about it. And it's especially dumb to brag about your crime on the internet. But that's precisely what happened when a defence contractor bragged on LinkedIn about bilking the US Department of Defence out of money, according to new documents obtained by Gizmodo.
In a court hearing today, the US Department of Justice dropped its request for the names of an estimated 6000 people who "liked" a Facebook page about an Inauguration Day protest, the American Civil Liberties Union said. The ACLU challenged several warrants related to protests against President Trump's inauguration on Friday, one of which included the search, claiming they were over-broad.
The Securities and Exchange Commission on Friday charged businessman Maksim Zaslavskiy with fraudulently running two initial coin offerings (ICOs), a form of largely unregulated investment vehicle in which companies take investors' cash or cryptocurrency in exchange for "crypto-tokens".
In 2012, Gatorade released Bolt!, a game for the iPhone that used the fastest man alive to inspire kids to try their best, remain dedicated, and always avoid water. Some people found this problematic -- including California's attorney general. On Thursday, The Gatorade Company agreed to pay a $US300,000 ($376,720) settlement for promoted misleading and disparaging statements about water.
This Tuesday, Mark Zuckerberg was expected to testify in court for the second time this year. His testimony might have helped determine if he and his company had breached their fiduciary duty to minority shareholders. But according to the Delaware Court of Chancery, the case has been cancelled and settled out of court.
Pakistan's Prime Minister Nawaz Sharif will resign his position immediately following a landmark decision by his country's Supreme Court. Sharif has been under fire since last year, when leaked documents appeared to show his family had hidden wealth in shell companies overseas. Earlier this month, investigators revealed that crucial financial documents provided by the Sharifs used Microsoft's Calibri font but were dated from before that font was publicly released.
It's been a rough few years for photographer David Slater, the disputed owner of those monkey selfies from 2011. Slater found himself in an interesting legal quandary after his ownership of the famous photos was disputed by the likes of PETA and even Wikipedia. Now, Slater is apparently struggling financially, the costs of the ongoing court battles all but draining his coffers.