Senior United States District Judge Jack D. Weinstein of the New York Eastern District Court ruled on March 6th that virtual currencies, such as Bitcoin, are commodities, and that the Commodity Futures Trading Commission (CFTC) has authority along with other state and federal administrative agencies and civil and criminal courts over dealings in virtual currency.
Articles Posted in Consumer Law
FTC Gets Green Light to Pursue AT&T in Consumer Deception Action
The Ninth Circuit denied AT&T's motion to dismiss an action brought by the FTC to hold the communications company accountable for allegedly "throttling" consumer data. This practice may have affected 3.5 million consumers on 25 million different occasions.
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Communications Law, Consumer Law