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BREAKING: Ripple Ordered To Pay $125M Penalty In SEC Case
by Gunnar Larson 07 Aug '24

07 Aug '24

BREAKING: Ripple Ordered To Pay $125M Penalty In SEC Case <https://www.law360.com/capitalmarkets/articles/1867540?nl_pk=abe82add-2a33-…> By Aislinn Keely A New York federal judge ordered Ripple Labs to pay a $125 million civil penalty on Wednesday in a long-awaited order addressing remedies for the blockchain firm's failure to register institutional sales of its XRP token with the U.S. Securities and Exchange Commission. Order attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1867540?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1867540?nl_pk=abe82add-2a33-…>

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[crazy] Decompiling Simple Code with Unprocessed LLaMa 3.1 70B
by Undescribed Horrific Abuse, One Victim & Survivor of Many 07 Aug '24

07 Aug '24

--- two.cpp 2024-08-06 20:28:36.848916229 -0400 +++ output.txt 2024-08-07 13:24:28.349998464 -0400 @@ -2,5 +2,5 @@ int main() { - std::cout << "Hi hi !" << std::endl; + std::cout << "Hi hi!"; } I had rented a server for a different reason and tried running this on it. It took 200GB of gpu ram to do this with the raw llama 70b bfloat16 weights via huggingface transformers (not sure why quite so much, but the context is huge so it could be that). You can run llama 405B at 4bit quantization in the same size. I rented a 10x 24GB gpu system on vast.ai for $3/hour. There are other providers now that may be cheaper and/or blockchain-based. Sadly presently needs a huggingface login and application to download the weights, there are also liberated copies of the model in various forms I believe. [... i'd like to upload it to arweave but my uploader is buggy and it would land corrupt atm...]

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2nd Circ. Says Citi Whistleblower Can't Get Cut Of $400M Fine
by Gunnar Larson 07 Aug '24

07 Aug '24

2nd Circ. Says Citi Whistleblower Can't Get Cut Of $400M Fine <https://www.law360.com/capitalmarkets/articles/1866889?nl_pk=abe82add-2a33-…> By Sarah Jarvis The Second Circuit on Tuesday upheld a lower court's dismissal of a Citibank executive's whistleblower lawsuit seeking a piece of a $400 million fine the bank paid, finding that she failed to allege a valid False Claims Act claim and therefore has no right to a portion of financial recovery. Opinion attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1866889?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1866889?nl_pk=abe82add-2a33-…>

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Teaching Scuba Diving Makes Me A Better Lawyer
by Gunnar Larson 07 Aug '24

07 Aug '24

Teaching Scuba Diving Makes Me A Better Lawyer <https://www.law360.com/mergersacquisitions/articles/1849932?nl_pk=a34c25b5-…> As a master scuba instructor, I’ve learned how to prepare for the unexpected, overcome fears and practice patience, and each of these skills – among the many others I’ve developed – has profoundly enhanced my work as a lawyer, says Ron Raether at Troutman Pepper. Read full article » <https://www.law360.com/mergersacquisitions/articles/1849932?nl_pk=a34c25b5-…> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/1849932?nl_pk=a34c25b5-…>

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Forfeiture Gives NCA's Rarely Used 'McMafia' Order A Boost
by Gunnar Larson 07 Aug '24

07 Aug '24

Forfeiture Gives NCA's Rarely Used 'McMafia' Order A Boost <https://www.law360.co.uk/financial-services-uk/articles/1866733?nl_pk=a94fc…> By Christopher Crosby The seizure by the National Crime Agency of £22 million ($28 million) in properties from a banker's wife who is in prison allowed it to display its "McMafia" powers, although lawyers still have doubts about the future of the rarely-used enforcement tool. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1866733?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1866733?nl_pk=a94fc…>

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Pension Body Urges Sector Tech Overhaul After CrowdStrike
by Gunnar Larson 07 Aug '24

07 Aug '24

Pension Body Urges Sector Tech Overhaul After CrowdStrike <https://www.law360.co.uk/financial-services-uk/articles/1866708?nl_pk=a94fc…> By Martin Croucher The pension industry must take steps to bolster its data security or else put the life savings of millions of Britons at risk, experts warned Tuesday. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1866708?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1866708?nl_pk=a94fc…>

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Payment Processor And Bank Defrauded Merchants, Suit Says
by Gunnar Larson 06 Aug '24

06 Aug '24

Payment Processor And Bank Defrauded Merchants, Suit Says <https://www.law360.com/fintech/articles/1866420?nl_pk=d2b3e7ef-ab62-4a62-80…> By Sydney Price Payment processor Paynetworx LLC and its partner bank Pathward Financial Inc. have been hit with a suit by two merchants who say the payment company and the bank misrepresented fees and their compliance with card network rules, causing the merchants to make millions in unnecessary and improper payments. Complaint attached | Read full article » <https://www.law360.com/fintech/articles/1866420?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1866420?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Ohio To Launch Legal Recreational Marijuana Sales
by Gunnar Larson 06 Aug '24

06 Aug '24

Ohio To Launch Legal Recreational Marijuana Sales <https://www.law360.com/cannabis/articles/1866515?nl_pk=c844ee6a-f80e-4e60-b…> By Sam Reisman Ohio is set to see its first legal recreational marijuana sales on Tuesday after the state's cannabis regulator announced that close to 100 locations were about to be qualified to sell products to customers 21 and over. Read full article » <https://www.law360.com/cannabis/articles/1866515?nl_pk=c844ee6a-f80e-4e60-b…> | Save to favorites » <https://www.law360.com/cannabis/articles/1866515?nl_pk=c844ee6a-f80e-4e60-b…>

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BofA Can't Get 4th Circ. To Look At Collective Cert. Process
by Gunnar Larson 06 Aug '24

06 Aug '24

BofA Can't Get 4th Circ. To Look At Collective Cert. Process <https://www.law360.com/banking/articles/1866625?nl_pk=feb6bbba-7878-4d39-be…> By Irene Spezzamonte A collective of mortgage loan officers seeking unpaid overtime won't land in front of the Fourth Circuit, a North Carolina federal judge ruled Monday, turning down Bank of America's bid to sort out which method to use for certifying collectives. Order attached | Read full article » <https://www.law360.com/banking/articles/1866625?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1866625?nl_pk=feb6bbba-7878-4d39-be…>

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USAA Agrees To $64M Settlement In Military Borrower Suit
by Gunnar Larson 06 Aug '24

06 Aug '24

USAA Agrees To $64M Settlement In Military Borrower Suit <https://www.law360.com/banking/articles/1866461?nl_pk=feb6bbba-7878-4d39-be…> By Hayley Fowler USAA Federal Savings Bank will pay $64.2 million to end a proposed class action alleging it flouted federal laws protecting military borrowers, according to newly filed settlement documents in North Carolina federal court. Memorandum attached | Read full article » <https://www.law360.com/banking/articles/1866461?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1866461?nl_pk=feb6bbba-7878-4d39-be…>

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