Now, aside from Bitcoin and other digital currencies spawning from video games and consumer-oriented companies, it’s important to be aware that there are other types of digital currencies or so-called “cryptocurrencies.” These operate more similarly to Bitcoin in how they generally lack a centralized system that assigns value (compared to…
Internet Lawyer Blog
What Is A Virtual Currency?
The legality of certain virtual currencies can be murky. While some currencies, like Bitcoin, can be readily traded for goods and services, however, other virtual currencies remain where regulation is more questionable. To that point, the curators of digital economies have hired economists to better model the value of these…
Bitcoin: The New Trend
Bitcoin is a cryptocurrency that has been in the news and in conversations recently for various reasons. While not all retailers will take Bitcoin, and there are fairly good reasons not to, but the cryptocurrency has really taken off. However, despite how much the word “Bitcoin” is used, the nature…
What is Arbitration and How Does It Work?
Due to the rising costs in litigation, there has been a large increase in the use of alternative dispute resolution. By utilizing the methods of alternative dispute resolution, parties are able to often save time and money when resolving their disputes. Arbitration is one method of alternative dispute resolution that…
How to Defend Against Enforcement of Foreign Arbitration Awards
In July 2017’s newsletter, we discussed how you can enforce an international arbitration award in the United States. Although, there are people who may want to enforce a foreign arbitration award, there are others who seek to defend themselves against it. In general, the domestic courts can decide not to…
Matal v. Tam
The Supreme Court recently reviewed Matal, Interim Director, United States Patent and Trademark Office v. Tam (Matal v. Tam), which deals with trademark laws and what can be trademarked. In fact, before the case reached the Supreme Court, we have previously discussed how much is unsettled in this area of…
The Petya Ransomware
In March 2017, the WannaCry ransomware attack occurred which was believed to be one of the largest ransomware attacks in history. Discussions of this past attack and who should take the blame has been previously discussed in our blog and newsletter. Now, just a few months later there has been…
Carpenter v. United States
The United States Supreme Court has accepted a new case that implicates cell-phone location privacy. The case of Carpenter v. United States was decided by the Sixth Circuit and now the Supreme Court will issue a decision in the future as to whether the lower court’s decision was correct. The…
Current Status of Net Neutrality
Net Neutrality is the principle that Internet Service Providers (ISP) and the government should treat all web-related traffic equally regardless of the source. If there was no net neutrality, companies would have the ability to purchase priority access to the ISP customers. Larger and wealthier companies (e.g., Google) would be…
The Growing Problem of Identity Theft
Identity theft is an epidemic impacting people across America. During 2016, an estimated 15.4 million consumers experienced some kind of identity theft. This is an increase from 13.1 million in 2015. Another staggering statistic is that 1 in every 16 adults in the United States is a victim of identity…