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January 4th, 2023
Crypto Hack Lawsuits Rise as Theft Victims Try Untested Claims
Privacy & Data Security Partner Rick Borden is quoted in the article, “Crypto Hack Lawsuits Rise as Theft Victims Try Untested Claims” published by Bloomberg Law. The article discusses Bloomberg’s analysis of lawsuits against cryptocurrency exchanges, digital wallet providers, and mobile service companies following a high number cyberattacks. In regards to lawsuits targeting companies blocked by mandatory arbitration provisions in plaintiffs’ user agreements; Rick is quoted saying, “Arbitration provisions, which require dispute resolution outside of the judicial system, aren’t necessarily consumer friendly. A losing plaintiff could, for example, end up having to pay the winner’s attorneys’ fees.”
Read the full article here.
Other Quoted
New California Law Requires Sellers To Warn That Digital ‘Purchases’ Might Vanish
MediaPost quotes Jeffrey A. Greenbaum on California Governor Gavin Newsom's newly signed bill that will prohibit sellers from advertising digital material with the words “buy” or “purchase,” unless the sellers also disclose that they can revoke access at any time. View Article
September 27 2024
More and More Artists Want Trump to Stop Using Their Music. They Face a Costly Fight
NPR quotes Jacqueline Charlesworth on the music lawsuits against Donald Trump, following White Stripes' becoming the latest band to sue Trump for unauthorized use of copyrighted material in his campaign to become president. She notes the sheer volume of complaints against Trump for his music selections may be a record. Ms. Charlesworth also distinguishes claims of transformative use from just using music to promote a campaign. View Article
September 17 2024
SEC Is Coming After OpenSea—These Are the NFTs That Could Be in Trouble
Decrypt quotes Jeremy S. Goldman on how far-reaching the SEC's push into the NFT market might become following the SEC's anticipated lawsuit against NFT marketplace, OpenSeas. View Article
September 9 2024
