May 2024 - cypherpunks - lists.cpunks.org

Reddit Accused Of Charging Advertisers For Fake Clicks
by Gunnar Larson 13 May '24

13 May '24

Reddit Accused Of Charging Advertisers For Fake Clicks <https://www.law360.com/technology/articles/1835191?nl_pk=2bd720dd-746c-4744…> By Henrik Nilsson An artificial intelligence trading platform hit Reddit with a proposed class action on behalf of advertisers alleging that it has been charged for fraudulent "clicks" while promoting its business on the social media company's website, according to the suit filed in California federal court. Complaint attached | Read full article » <https://www.law360.com/technology/articles/1835191?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1835191?nl_pk=2bd720dd-746c-4744…>

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Feds Seek 20 Mos. For Ex-Baltimore State's Atty
by Gunnar Larson 13 May '24

13 May '24

Feds Seek 20 Mos. For Ex-Baltimore State's Atty <https://www.law360.com/legalethics/articles/1835664?nl_pk=153d4a8a-6fb9-4a5…> By Elliot Weld Prosecutors asked a Maryland federal court to sentence former state's attorney Marilyn Mosby to 20 months in prison after she was convicted of lying to obtain money from a retirement fund and conning a lender to obtain a vacation home, saying she "could not be trusted to tell the truth" despite her position of public trust. 2 documents attached | Read full article » <https://www.law360.com/legalethics/articles/1835664?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1835664?nl_pk=153d4a8a-6fb9-4a5…>

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Del. Ruling Highlights M&A Deal Adviser Conflict Disclosures
by Gunnar Larson 13 May '24

13 May '24

Del. Ruling Highlights M&A Deal Adviser Conflict Disclosures <https://www.law360.com/banking/articles/1835434?nl_pk=feb6bbba-7878-4d39-be…> The Delaware Supreme Court recently reversed the Court of Chancery's dismissal of challenges to Nordic Capital's acquisition of Inovalon, demonstrating the importance of full disclosure of financial adviser conflicts when a going-private merger seeks business judgment rule review, say attorneys at Debevoise. Decision attached | Read full article » <https://www.law360.com/banking/articles/1835434?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1835434?nl_pk=feb6bbba-7878-4d39-be…>

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SEC Opposes Quick Appeal Of 'Crystal Clear' Coinbase Order
by Gunnar Larson 13 May '24

13 May '24

SEC Opposes Quick Appeal Of 'Crystal Clear' Coinbase Order <https://www.law360.com/newyork/articles/1836079?nl_pk=ac5a3855-e47c-4403-be…> By Aislinn Keely The U.S. Securities and Exchange Commission on Friday urged a Manhattan federal court to reject Coinbase's bid for a Second Circuit review of an order allowing an agency enforcement action to proceed, saying the company's cries of uncertainty over how securities laws apply to crypto assets ignore the "crystal-clear" order it is trying to contest. Memorandum attached | Read full article » <https://www.law360.com/newyork/articles/1836079?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1836079?nl_pk=ac5a3855-e47c-4403-be…>

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Fuzzy Jurisdiction In Web Cases Has 1st Circ. Judge 'Worried'
by Gunnar Larson 13 May '24

13 May '24

Fuzzy Jurisdiction In Web Cases Has 1st Circ. Judge 'Worried' <https://www.law360.com/cybersecurity-privacy/articles/1835862?nl_pk=3dfd2fd…> By Julie Manganis A First Circuit judge has said uncertainty over how personal jurisdiction rules apply to cases involving the borderless internet may require action from Congress or the U.S. Supreme Court, expressing concern that website operators can "manipulate" the legal requirement in order to avoid accountability. Opinion attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1835862?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1835862?nl_pk=3dfd2fd…>

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UK Class Actions Face Tougher Test On Distributing Damages
by Gunnar Larson 13 May '24

13 May '24

UK Class Actions Face Tougher Test On Distributing Damages <https://www.law360.com/competition/articles/1835785?nl_pk=6416fd97-1dc4-4e0…> By Joanne Faulkner A decision by the antitrust tribunal to certify a £790 million ($990 million) mass claim against major European power cable suppliers came with the caveat that it intends to take a tougher approach toward claimant lawyers' plans for getting awards into the pockets of consumers. Read full article » <https://www.law360.com/competition/articles/1835785?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1835785?nl_pk=6416fd97-1dc4-4e0…>

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UK Litigation Roundup: Here's What You Missed In London
by Gunnar Larson 13 May '24

13 May '24

UK Litigation Roundup: Here's What You Missed In London <https://www.law360.co.uk/financial-services-uk/articles/1835717?nl_pk=a94fc…> By Laura Stewart Liberty The past week in London has seen Playtech file an intellectual property claim against online casino company OnAir Entertainment amid allegations of corporate spying, a broadcast equipment company sue its former owner amid allegations he conspired to inflate a customer’s finances, and aerospace company Vertical Aerospace hit a manufacturer with a claim following a test flight crash. Here, Law360 looks at these and other new claims in the U.K. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1835717?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1835717?nl_pk=a94fc…>

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‘Beyond’ $20 Trillion By 2030—Jack Dorsey’s Plan To Turbocharge The Bitcoin Price
by Gunnar Larson 13 May '24

13 May '24

https://www.forbes.com/sites/digital-assets/2024/05/12/beyond-20-trillion-b… "The most amazing thing about bitcoin, apart from the founding story, is anyone who works on it, or gets paid in it, or buys it for themselves—everyone who puts any effort in to make it better—is making the entire ecosystem better, which makes the price go up," Dorsey said. "It's a fascinating ecosystem and movement, more than anything else. It taught me a lot."

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Costs Of Pension Portals Rise £54M Over Launch Delays
by Gunnar Larson 13 May '24

13 May '24

Costs Of Pension Portals Rise £54M Over Launch Delays <https://www.law360.co.uk/financial-services-uk/articles/1835715?nl_pk=a94fc…> By Martin Croucher The cost of building new online pensions dashboards has risen by £54 million ($67.6 million) in three years as the project has faced delays due to poor governance, a damning report by the public sector audit watchdog said on Friday. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1835715?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1835715?nl_pk=a94fc…>

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Director Imprisoned For Deceiving FCA In ?1.2M Fraud Probe
by Gunnar Larson 13 May '24

13 May '24

Director Imprisoned For Deceiving FCA In £1.2M Fraud Probe <https://www.law360.co.uk/financial-services-uk/articles/1835793?nl_pk=a94fc…> By Eddie Beaver A business director was sentenced to 18 months in prison on Friday for providing a forged document to investigators in a fruitless attempt to prop up the defense of self-styled investment brokers now convicted of a £1.2 million ($1.5 million) boiler room fraud. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1835793?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1835793?nl_pk=a94fc…>

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