Questions tagged [illegal]

EchoWhisper Wed Sep 04 2024 | 6 answers 1245

Could you please elaborate on the reasons why FTX was deemed illegal? Were there specific regulatory violations that led to its downfall? Was it due to a lack of transparency in its financial dealings, or was it something more sinister like fraud or market manipulation? Understanding the intricacies of why FTX crossed the legal line is crucial in order to prevent similar incidents from occurring in the future. So, could you provide a detailed breakdown of the legal issues that plagued FTX?

Alessandra Wed Sep 04 2024 | 6 answers 1331

I'm curious to know, is cryptocurrency considered illegal in the United States? I've heard conflicting opinions on the matter and would appreciate a clear and concise explanation. Is there a specific law or set of regulations that prohibit the use of cryptocurrency in the US, or is it a gray area that varies from state to state? Additionally, what are the potential consequences for those who engage in cryptocurrency activities in the US if they are deemed to be breaking any laws or regulations?

mia_anderson_painter Wed Sep 04 2024 | 5 answers 958

I'm curious, could you elaborate on whether hidden service fees are considered illegal or not? Are there any specific laws or regulations that govern the disclosure of such fees in various industries, including finance and cryptocurrency? Is it the responsibility of the service provider to clearly communicate all fees upfront, or is there a gray area where consumers might not be fully aware of the total cost of a service? Additionally, what are the potential consequences for companies that fail to disclose hidden fees, and how can consumers protect themselves from falling victim to these practices?

WhisperVoyager Wed Sep 04 2024 | 5 answers 1201

Could you please clarify for me, is it considered illegal in the state of Texas to impose a fee on customers who choose to pay with a credit card? I'm curious about the legal standing of such practices and whether there are any specific regulations or guidelines that businesses must adhere to in this regard. Additionally, are there any exceptions or circumstances under which charging a credit card fee would be permissible? Thank you for your assistance in clarifying this matter.

CryptoBaroness Wed Sep 04 2024 | 6 answers 1396

Good afternoon, I'm interested in understanding the legality surrounding cryptocurrency scams. Can you clarify whether engaging in crypto scams is indeed illegal? I've heard conflicting opinions on this matter, and I'm hoping to get a clear and concise answer from an expert in the field. Could you also elaborate on the potential consequences for those who engage in such activities? Thank you for your time and expertise.