Try our Advanced Search for more refined results
Fintech
-
Featured
NY Judge Axes $110M Mango Markets Trader's Fraud Verdict
A Manhattan federal judge on Friday granted a crypto trader's request to overturn a conviction for defrauding platform Mango Markets out of roughly $110 million, finding that prosecutors didn't link his conduct to New York and failed to show he duped the platform.
-
July 25, 2025
Coffee Co. Says Tech Firm Brewed Trademark Conflict
A coffee roaster is accusing a coffee-focused tech firm of wrongly trademarking the phrase "meet the farmer" and waging an anticompetitive campaign to damage the roaster over its use of the phrase.
-
July 25, 2025
DC Circ. Pauses Order Reinstating 2 NCUA Members
The D.C. Circuit on Friday intervened and granted the Trump administration's request to pause a Washington federal judge's order reinstating two National Credit Union Administration board members fired by President Donald Trump, after the federal judge declined to pause the order himself.
-
July 25, 2025
Kalshi Tells 3rd Circ. Fed Law Bars NJ From Restricting Its Biz
Sports betting company Kalshi's so-called prediction market that allows users to wager on the outcome of real-world events counts as a federal derivative exchange and, as a result, can't be regulated by state enforcers, the gambling company told the Third Circuit.
-
July 25, 2025
Sports & Betting Cases To Watch In The Second Half Of 2025
Certain court cases have become staples on both the midyear and end-of-year must-watch lists in sports and betting at Law360. One that seemed best positioned to finally fall off the list, as it turns out, is far from over: the multibillion-dollar NCAA settlement regarding name, image and likeness payments and revenue sharing with hundreds of thousands of college athletes. A handful of other suits from past years will also continue to bear watching through the end of 2025.
-
July 25, 2025
Veteran ÃÛÌÒÊÓÆµ Enforcement Atty Heads For The Exit
A longtime Consumer Financial Protection Bureau litigator told a Virginia federal court on Friday that she is leaving after more than a decade at the agency, becoming the latest departure at the regulator as its future under the Trump administration remains in limbo.
-
July 25, 2025
Chase, Other Banks To Pay $3.75M To End Crypto Ponzi Suit
JPMorgan Chase and other financial firms have agreed to pay a combined $3.75 million to settle claims they helped funnel investor cash into a cryptocurrency-linked Ponzi scheme run by a man who was slapped with a $231 million court judgment last year over the fraud.
-
July 25, 2025
Dentons Stalling Discovery In Terraform Ch. 11, Court Told
The bankruptcy plan administrator for failed cryptocurrency platform Terraform Labs has accused Dentons US LLP of blocking his discovery requests in an attempt to secure final approval of some $25 million in fees, saying the law firm is seeking to "run out the clock" to dodge an investigation into its role in Terraform's collapse.
-
July 25, 2025
Latham-Led Strategy Raises $2.5B To Acquire More Bitcoin
Entrepreneur Michael Saylor's Strategy Inc., advised by Latham & Watkins LLP, on Friday priced yet another preferred stock offering that raised $2.5 billion in order to acquire bitcoin, a move that comes as the company has been ramping up its capital-raising efforts to stockpile the flagship cryptocurrency.
-
July 25, 2025
Coinbase Accuses German Of Illegally Squatting On URL
A German man is wrongfully using an online URL to pose as the cryptocurrency exchange Coinbase and leveraging his ownership to get the company to buy the domain name at a high price, a new lawsuit in California federal court has alleged.
-
July 25, 2025
Ballard Spahr Atty To Co-Chair Buchalter State AG Group
Buchalter PC announced Thursday that it has hired a former Ballard Spahr LLP partner as a shareholder in its white collar and investigations group who will also co-chair its state attorneys general group.
-
July 25, 2025
Taxation With Representation: Weil, Freshfields, Linklaters
In this week's Taxation With Representation, CC Capital and One Investment Management acquire Insignia Financial Ltd., catering giant Compass Group PLC acquires Dutch food and hospitality company Vermaat Groep BV, drugmaker Sanofi acquires biotech company Vicebio, and The Ether Machine launches as a public company.
-
July 25, 2025
Crypto Group Appoints Ex-Legal Chief, Willkie Alum As CEO
A Willkie Farr & Gallagher LLP alum will become the Crypto Council for Innovation's permanent leader after serving as acting CEO since December and previously serving as chief legal and policy officer.
-
July 25, 2025
3 Firms Advise On $8.6B Pinnacle-Synovus Merger Deal
Pinnacle Financial Partners and Synovus Financial Corp. have agreed to combine in an all-stock transaction valued at about $8.6 billion, with three law firms guiding a deal that the companies said will create the "highest-performing regional bank focused on the fastest-growth markets in the Southeast."
-
July 24, 2025
Feds Rest Crypto Laundering Case Against Tornado Founder
Manhattan federal prosecutors on Thursday rested their case against Tornado Cash founder Roman Storm, who's accused of scheming to launder more than $1 billion in proceeds from criminal activity through the cryptocurrency tumbler and conspiring to evade U.S. sanctions on North Korea.
-
July 24, 2025
Judge Won't Block Exela Ch. 11 Plan For Claims Dilution Suit
A Texas bankruptcy judge Thursday declined to stop automation technology group Exela from exiting Chapter 11 next week, but said he would condition the over $1 billion debt-for-equity swap plan's effectiveness on a roughly 30% recovery rate for its general unsecured claims.
-
July 24, 2025
Logan Paul's Bid In CryptoZoo Suit Not Yet Ripe, Judge Says
Media personality Logan Paul shouldn't be able to pin the collapse of his CryptoZoo project on the "empty chairs" of his co-founders for the time being, a Texas magistrate judge has counseled.
-
July 24, 2025
Wash. AG Sues Contractor To Keep Benefits Data From Feds
Washington State Attorney General Nick Brown launched a lawsuit in Evergreen State court on Thursday seeking to block a fintech contractor from providing the federal government with the private details of food assistance benefit recipients, saying the Trump administration intends to use the data for its "mass deportation project."
-
July 24, 2025
FTX Ends 6 Suits Over Political Donations In Ch. 11
Fallen cryptocurrency exchange FTX has agreed to dismiss adversary proceedings in Delaware bankruptcy court against six political organizations, lawsuits that were aimed at recovering roughly $28.75 million in donations made to the groups prior to FTX's bankruptcy.
-
July 24, 2025
Fintech Orgs. Urge Trump Admin To Back Open Banking Rule
A coalition of fintech and crypto industry groups on Thursday called on the Trump administration to defend the open banking rule in an ongoing legal challenge after the Consumer Financial Protection Bureau sided with banking trade groups to argue the data-sharing mandate exceeded its authority.
-
July 24, 2025
Chancery OKs $12.75M Settlement In MoneyLion SPAC Suit
Saying parts of the deal "reflect a poster-child scenario for the problems and malincentives associated with the de-SPAC form," a Delaware vice chancellor on Thursday approved a $12.75 million settlement in a stockholder suit challenging a take-public deal for digital finance platform MoneyLion.
-
July 24, 2025
NCUA Board Members 'Glad To Be Back' Amid Trump Fight
The National Credit Union Administration officials who were ousted this spring by President Donald Trump took part Thursday in their first board meeting since a federal judge reinstated them just two days earlier, even as the court fight for their jobs continues.
-
July 24, 2025
Judge Blocks Crypto REIT From Collecting Rent In Detroit
A Michigan state judge has barred a cryptocurrency-based real estate investment firm and affiliates from collecting rent at hundreds of Detroit properties until it brings them into compliance with city code.
-
July 24, 2025
Judge Says UiPath Investors Disappointed, Not Deceived
Automation software firm UiPath Inc. has, for now, defeated a consolidated investor suit accusing it of falsely touting the success of a new development strategy, after a federal judge said that security laws do not shield against bad outcomes and investors did not plausibly allege material misstatements or fraudulent intent.
-
July 23, 2025
ÃÛÌÒÊÓÆµ Sued Over Retreat From Biden-Era Small-Biz Loan Rule
The Consumer Financial Protection Bureau was sued Wednesday in Washington, D.C., federal court over claims it is illegally dismantling a data-collection rule meant to expose discrimination in small-business lending, the latest twist in multi-front litigation over the Biden-era measure.
-
July 23, 2025
MIT Grads Can't Escape $25M Crypto Heist Charges
Two Massachusetts Institute of Technology-educated brothers accused of executing a $25 million cryptocurrency theft remain on the hook for fraud after a New York federal judge ruled Wednesday that prosecutors have shown that the pair's novel methods intended to deceive certain traders and meddled with transactions.
Expert Analysis
-
Balancing The Promises And Perils Of Tokenizing Securities
Tokenizing listed securities offers the promise of greater efficiency, accessibility and innovation, but a recent U.S. Securities and Exchange Commission statement makes clear that the federal securities laws continue to apply to tokenized securities, so financial institutions and technology developers must work together to create clear rules, say attorneys at Orrick.
-
Open Banking Is On Ice As ÃÛÌÒÊÓÆµ Seeks To Toss Its Own Rule
Even as the Consumer Financial Protection Bureau's efforts to toss its open banking rule play out in Kentucky federal court, it remains statutorily required to effectuate consumer access to data, raising questions about how it would replace the previously finalized standard, say attorneys at Cooley.
-
SEC, FINRA Obligations In Changing AI Regulatory Landscape
Despite the U.S. Securities and Exchange Commission's recent withdrawal of its proposed artificial intelligence conflict rules, financial regulators remain focused on firms developing the correct AI compliance framework, as well as continuously testing and supervising them to ensure they're fit for purpose, say attorneys at Cahill Gordon.
-
Series
Playing Baseball Makes Me A Better Lawyer
Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success as a trial attorney, says Kevan Dorsey at Swift Currie.
-
Series
Ohio Banking Brief: All The Notable Legal Updates In Q2
Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights between banks and cardholders, and the House passage of a digital asset bill, say attorneys at Frost Brown.
-
Managing Risks As State AGs Seek To Fill Enforcement Gap
Given an unprecedented surge in state attorney general activity resulting from significant shifts in federal enforcement priorities, companies must consider tailored strategies for navigating the ever-evolving risk landscape, say attorneys at Cozen O'Connor.
-
A Deep Dive Into 14 Nixed Gensler-Era SEC Rule Proposals
The U.S. Securities and Exchange Commission last month formally withdrew 14 notices of proposed rulemaking, including several significant and widely criticized proposals that had been issued under former Chair Gary Gensler's leadership, signaling a clear and definitive shift away from the previous administration, say attorneys at Dechert.
-
Series
Law School's Missed Lessons: Skillful Persuasion
In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.
-
Special Committees Gain Traction In Chapter 11 Investigations
Excerpt from
Tara Pakrouh at Morris James discusses why special committees are becoming more common in Chapter 11 bankruptcies, how they've been used in real cases and what makes them effective.
-
Fed. Circ. Ingenico Ruling Pivotal For IPR Estoppel Landscape
The Federal Circuit's recent decision in Ingenico v. Ioengine brings long-awaited clarity to the scope of inter partes review estoppel, confirming that a patent challenger is not precluded from relying on the same or substantially similar prior art in both IPR and district court proceedings, so long as it is used to support a different invalidity theory, say attorneys at Irwin IP.
-
Litigation Inspiration: How To Respond After A Loss
Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben.
-
Tips For Cos. From California Climate Reporting FAQ
New guidance from the California Air Resources Board on how businesses must implement the state's sweeping climate reporting requirements should help companies assess their exposure, understand their disclosure obligations and begin documenting good-faith compliance efforts, says Thierry Montoya at Frost Brown.
-
DOJ Crypto Enforcement Is Shifting To Target Willfulness
Three pending criminal prosecutions could be an indication of how the U.S. Department of Justice's recent digital assets memo is shaping enforcement of the area, and show a growing focus on executives who knowingly allow their platforms to be used for criminal conduct involving sanctions offenses, say attorneys at Gibson Dunn.
-
Why SEC Abandoned Microcap Convertible Debt Crackdown
The U.S. Securities and Exchange Commission has recently dismissed several cases targeting microcap convertible debt lenders, a significant disavowal of what was a controversial enforcement initiative under the Biden administration and a message that the new administration will focus on clear fraud, say attorneys at O'Melveny.
-
The Metamorphosis Of The Major Questions Doctrine
The so-called major questions doctrine arose as a counterweight to Chevron deference over the past few decades, but invocations of the doctrine have persisted in the year since Chevron was overturned, suggesting it still has a role to play in reining in agency overreach, say attorneys at Crowell & Moring.