Insights

Cryptocurrency Technology Law richtfirm January 19, 2025

Donald Trump’s $TRUMP Meme Coin: Legal Implications and Crypto Policy Outlook

President-elect Donald Trump launched a cryptocurrency meme coin called $TRUMP on January 18, 2025, just days before his inauguration. This move has significant implications for both the cryptocurrency industry and the legal landscape surrounding digital assets. Token Launch and Initial Performance The $TRUMP meme coin was introduced through Trump’s social media platforms, including Truth Social …

Marketing Law Online Gaming richtfirm January 11, 2025

The Proliferation of Social Gaming Casinos: Legal Compliance Considerations

Social gaming casinos and sweepstakes operators have been facing increasing legal scrutiny in the United States and beyond. As these platforms continue to gain popularity, it is crucial for operators to understand the complex regulatory landscape surrounding this emerging industry. Listen to AI discussion of this article: Understanding Social Gaming Casinos and Dual-Currency Models Social …

Privacy Law richtfirm December 13, 2024

New State Privacy Laws Set to Take Effect in 2025

On January 1, 2025, four new comprehensive state privacy laws will come into effect, with a fifth following shortly after on January 15. These laws are part of a growing trend of state-level privacy legislation in the United States, aiming to protect consumer data and give individuals more control over their personal information. The new …

Corporate Law richtfirm December 13, 2024

Nationwide Preliminary Injunction Halts Enforcement of the Corporate Transparency Act: Implications for U.S. Businesses

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al. (Case No. 4:24-cv-478), halting the enforcement of the Corporate Transparency Act (CTA) and its reporting requirements. This decision has significant implications …

Privacy Law richtfirm December 5, 2024

Data Brokers Face Regulatory Crackdown: CFPB and FTC Take Action

The data broker legal compliance landscape continues to undergo significant changes as regulatory bodies in the United States intensify their scrutiny of companies selling or sharing personal information and particularly sensitive consumer information. Two major developments highlight this shift: a proposed rule by the Consumer Financial Protection Bureau (CFPB) and a lawsuit filed by the …

Marketing Law Sweepstakes richtfirm November 21, 2024

Elon Musk’s America PAC Sweepstakes: Legal and Compliance Considerations

While sweepstakes and other promotional laws have been relatively quiet over the last few years, the recent sweepstakes run by Elon Musk’s America PAC in the lead-up to the November 2024 election has sparked significant legal debate and raised important questions about the nature of promotional activities in the political sphere and beyond. This high-profile …

Privacy Law richtfirm August 1, 2024

The Proliferation of CIPA Wiretapping Lawsuits Targeting Chat Features and Tracking Technologies

As digital technologies evolve, so does the complexity of privacy and data security laws and, by extension, the ways aggressive plaintiff’s lawyers seek to make money. Recently, there’s been a surge in wiretapping lawsuits targeting websites and applications that use chat features, session replay technologies, pixels, and various tracking tools. These lawsuits often revolve around claims of …

Amazon Seller Law richtfirm July 31, 2024

The Top 5 Amazon Seller Suspension Legal Considerations

As an Amazon seller lawyer focusing on assisting sellers suspended from selling on Amazon, we see firsthand how a suspension is not just a setback; it’s a potential business-ending catastrophe. The shock and the potential for destruction can be so immense that it’s no wonder sellers often panic and make several common mistakes in their …

Cybersecurity Privacy Law richtfirm July 29, 2024

Cybersecurity Ethics For Attorneys And Law Firms

As law firms increasingly digitize their systems and practically all facets of the practice of law move into the cloud, there is significant danger lurking in the shadows in the form of breaches. Although organizations of all types and sizes see marked upticks in cybersecurity incidents, lawyers, with their ethical obligations to keep clients’ information …

Artificial intelligence Technology Law richtfirm July 8, 2024

The Top 5 Artificial Intelligence Legal Considerations

Artificial intelligence (AI) is increasingly transforming our everyday lives, and industries of all shapes and sizes are leveraging AI and creating new opportunities. While AI brings with it great potential, it also presents significant legal challenges. As AI becomes more integrated into various sectors, understanding the legal landscape is crucial for businesses and developers alike. …

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