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CFTC Floats Framework For Crypto Cos. Offering Leverage

Photo illustration shows floating dollar signs and other cryptocurrency logos

By Aislinn Keely

The U.S. Commodity Futures Trading Commission on Monday unveiled plans for a framework governing leveraged crypto transactions, seeking feedback on a proposal that attempts to use the agency's existing authority to regulate a section of crypto markets in the absence of legislation.


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  • Neoclassical building with stone steps leading to large columns and a peaked roofline, shown with a US flag on a pole in front on a sunny day.
    Justices Want SG's View On 3 Antitrust Cases

    By Matthew Perlman

    The U.S. Supreme Court on Monday called for the solicitor general's view in antitrust cases involving hard drive...(read more)

  • A white tablet screen sitting on a wooden table displays the company name Cenovus Energy
    3 Firms Steer $5.7B Cenovus, Athabasca Canadian Oil Deal

    By Al Barbarino

    Canada's Cenovus Energy Inc. has agreed to acquire Athabasca Oil Corp. in a cash-and-stock transaction with an i...(read more)

  • Justices Fret Any Climate Tort Ruling Will Open Pandora's Box

    By Jeff Overley

    U.S. Supreme Court justices Monday pondered the risks of far-reaching fallout whether they allow or restrict burgeoning lawsuits targeting oil companies, acknowledging fears of near-limitless litigation but also struggling to distinguish climate torts from famous legal battles involving tobacco and opioids.

  • 9th Circ. Revives Antitrust Suits Against Invisalign

    By Rae Ann Varona

    The Ninth Circuit on Monday reversed Invisalign-maker Align's summary judgment win in two class actions accusing the company of monopolizing the clear teeth aligner market, saying in a published opinion that Align's true reason for ending tech interoperability with a rival is still up for dispute.

  • Sotomayor Warns Judges: Don't Scare Your Jurors

    By Brandon Lowrey

    U.S. Supreme Court Justice Sonia Sotomayor on Monday criticized an Alabama trial court judge who frightened a pool of prospective jurors by ordering the arrest of a latecomer to jury selection, saying in a statement accompanying a denial of certiorari in the case that fear can undermine a defendant's right to an impartial jury.

  • Justices Mull Courts' Authority To Hear Vets' Benefits Suit

    By Madeline Lyskawa

    The U.S. Supreme Court on Monday appeared split on whether the Veterans' Judicial Review Act bars federal district courts from presiding over constitutional challenges to statutes affecting veterans' benefits, with justices questioning both sides' interpretation of the law's no-review clause.   

  • Justices Unsure Climate Lawsuits Are A Constitutional Matter

    By Keith Goldberg

    U.S. Supreme Court justices on Monday appeared reluctant to endorse the argument that climate change lawsuits brought by state and local governments against fossil fuel companies are constitutionally prohibited, even as they questioned whether such lawsuits can be sustained.

  • Split 9th Circ. Backs Ex-GM Worker's $5M Bribery Conviction

    By Lauren Berg

    A split Ninth Circuit on Monday upheld a former General Motors Co. commodity manager's conviction for soliciting a $5 million cash bribe from an auto parts supplier in return for ensuring it secured a $100 million contract.

  • Intel Case May Clarify Dismissal Standard For 401(k) Suits

    By Kellie Mejdrich

    The U.S. Supreme Court will hear arguments Tuesday from former Intel Corp. workers looking to revive a suit claiming their retirement savings suffered because of shoddy investments, a case that could shed light on what it takes to keep challenges to allegedly subpar 401(k) offerings alive.

  • OpenAI's 'Astra' Name Causes 'Reverse Confusion,' Co. Says

    By Ivan Moreno

    OpenAI's launch of Astra, its flagship AI model, threatens to make an earlier user of the name appear to be a copycat, a California software company claimed Monday in a federal trademark lawsuit.

  • Chancery Allows Discovery In Boehringer Trade Secrets Fight

    By Jarek Rutz

    The Delaware Chancery Court Monday allowed Boehringer Ingelheim Pharmaceuticals Inc. to move ahead with discovery in its trade secrets fight against United Therapeutics Corp., but rejected the drugmaker's request for a rapid-fire forensic discovery schedule, finding Boehringer waited too long to justify that level of emergency relief.

  • 1st Circ. Doubts Harvard Grant Fight Belongs In Claims Court

    By Chris Villani

    The First Circuit Monday appeared skeptical that a lower court erred in backing Harvard University in a suit over the Trump administration's bid to freeze more than $2 billion in grant funding, suggesting that the case had been decided in the proper venue.

  • Shionogi To Buy Texas Biotech IntraBio In $2B Deal

    By Al Barbarino

    Japanese drugmaker Shionogi & Co. said Monday it has agreed to acquire Austin, Texas-based biotech IntraBio Inc. for $2 billion, with Cleary Gottlieb Steen & Hamilton LLP advising Shionogi and Kirkland & Ellis LLP and DLA Piper representing IntraBio.

  • CH Robinson To Acquire RXO In $5.8B Logistics Deal

    By Al Barbarino

    Transportation technology company C.H. Robinson Worldwide Inc. said Monday it has agreed to acquire freight broker RXO in a stock-and-cash transaction for $5.8 billion, creating a combined company with an enterprise value of over $25 billion.

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Latest News

  • Justices Fret Any Climate Tort Ruling Will Open Pandora's Box
  • Jones Day Expands IP Team In San Francisco, Amsterdam
  • Crypto 'Godfather' Who Hired Cops To Extort Gets 6.5 Years
  • AppLovin Skirts Controls To Show Kids Explicit Ads, Suit Says
  • Air Ambulance Co. Says Pilot's 'Inattention' Wasn't Willful
  • Spirit's Data Sale To Google Protects Consumers, Court Told
  • Judge Clevenger's Intellect Defined His Time On Fed. Circ.
  • Feds Wrap Up Case In $53M Uranium Finance Theft Trial
  • Roundup Evidence Strong In Every Research Area, Jury Hears
  • Trump's Green Card Policy Shift Must Be Blocked, Groups Say

From The Courtroom

  • Feds Wrap Up Case In $53M Uranium Finance Theft Trial
  • Catching Up With Delaware's Chancery Court
  • Mass. Justices Weigh Duties Of DAs, Judges After ICE Arrests
  • Fla. Firm Knew It Had To Secure Lender Notes, 11th Circ. Told
  • Uranium Finance Jury Sees 'I Did A Crypto Heist' Chat
  • Northwestern Wrongly Fired Gender Center Chief, Ill. Jury Told
  • Judge Erases $14M Charger Patent Verdict Against Anker
  • Cigna, Fla. Atty Resolve $21M Claim In Ch. 7 Case
  • Ex-Budget Official Sentenced To 7 Years After Fleeing US
  • En Banc 9th Circ. Mulls Copyright Test Change In Tattoo Case
 
 
 

Expert Analysis

  • Robyn Burrows
    What Anthropic Security Ruling Means For Gov't Contractors
    In light of the D.C. Circuit ruling backing the U.S. Department of Defense's decision to remove Anthropic's Claude artificial intell... (read more)
  • Shubha Ghosh
    HPE-Juniper Settlement Teaches Key Tunney Act Lessons
    A California federal court's recent approval of the U.S. Department of Justice's settlement with Hewlett Packard over its Juniper N... (read more)
  • Meredith Auten
    FCA Ruling May Open Door To Redacting Defendants' Names
    A recent Florida federal court decision may signal a shift from the long-prevailing view that False Claims Act defendants' identitie... (read more)
  • Joseph A. Hall
    Hugging Face Attack Is A Warning To The Securities Markets
    The recent Hugging Face cyberattack, in which OpenAI's artificial intelligence agents hacked a third party without human instruction... (read more)
  • Giuseppe De Palo
    What Greek Tragedy Teaches About Mediating AI Disputes
    While ancient Greek writers could not have anticipated modern arbitration, their tragic plays illustrate new and familiar questions ... (read more)
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