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GeneralBeginnerNathaniel Chastain, the former product manager at OpenSea convicted of insider trading related to non-fungible tokens (NFTs), has appealed his conviction, arguing that the information he used to profit wasn’t considered property in the eyes of the law. This argument casts a spotlight on the murky…
#court#law#nfts
GeneralBeginnerThe halls of the SEC buzzed with tension yesterday as Coinbase, the leading cryptocurrency exchange, squared off against the US Securities and Exchange Commission in a grueling five-hour hearing. At the heart of the battle? Whether nine digital tokens listed on Coinbase qualify as securities under…
#coinbase#crypto#law
GeneralBeginnerBills opposing the use of central bank digital currency (CBDC) as money have been filed in Utah, South Carolina, South Dakota, and Tennessee. The bills would exclude a CBDC from the definition of money, potentially creating significant barriers to a CBDC in the United States. On January 12, State…
#cbdc#crypto#law
GeneralBeginnerThe New York Times’ lawsuit against OpenAI and Microsoft alleging unauthorized use of its content in training AI chatbots has sparked a heated debate in the legal and tech communities. Legal experts weigh in on the complexities of the case and its potential implications for the future of AI…
#ai#court#law
GeneralBeginnerAnother copyright infringement action has been filed against OpenAI and Microsoft. Nonfiction authors Nicholas Basbanes and Nicholas Gage filed a lawsuit against the two corporations, saying that they copied their copyrighted writings to help construct its artificial intelligence (AI) system. The…
#ai#chatgpt#law
