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Featured
Former Consumer Financial Protection Bureau Director Rohit Chopra's next act in government is poised to unfold on a new stage in California, but financial firms will likely recognize the script. Watch this space, attorneys tell Law360.
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July 24, 2026
The past week in London has seen financial advice firm Smith Square Partners sue ailing social housing company Home REIT, Pogust Goodhead hit with a contract claim by one of its investors, and Entain faced with its latest claim in expanding litigation linked to alleged bribery at its former Turkish business. Here, Law360 looks at these and other new claims in the U.K.
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July 23, 2026
BitMEX, one of the world's largest cryptocurrency exchanges, deliberately designed its system to create unfavorable conditions for customers and then seize their bitcoin, liquidating their accounts when they lost a certain amount, according to a proposed class action filed on Thursday in New York federal court.
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July 23, 2026
President Donald Trump's choice for Consumer Financial Protection Bureau director signaled at his confirmation hearing on Thursday that he could revisit the agency's plan to shed hundreds of staff, saying he has an "open mind" about how many workers the agency needs.
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July 23, 2026
The Office of the Comptroller of the Currency shared Thursday it has denied a national trust bank application from Wise US Inc. over concerns the money transfer fintech wouldn't meet compliance and anti-money laundering standards.
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July 23, 2026
The Tenth Circuit refused to alter a cryptocurrency investment firm co-founder's five-year prison sentence and obligation to pay over $174,000 in restitution to victims of a fraud scheme he orchestrated, writing the district court's sentencing and loss amount estimation was reasonable.
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July 23, 2026
The Eighth Circuit on Thursday upheld a Missouri federal judge's refusal to block Commerce Bank from using software that a vendor alleges was developed with its trade secrets, ruling the vendor failed to show it was likely to suffer harm that could not be remedied later.
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July 23, 2026
A D.C. federal judge has enforced a $1 billion arbitral award that found South Sudan defaulted on a $700 million loan agreement from its civil war era, saying the Bank of South Sudan's "vague" allegations of corruption underlying the deal fell short.
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July 23, 2026
Two payment services providers systematically charged North Carolina businesses "junk" fees totaling almost $100 every month, according to a new proposed class action.
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July 23, 2026
British digital bank Revolut's valuation soared to $115 billion, private equity giant BlackRock leads an at least $12 billion debt sale for Meta's new data center project, and Liverpool FC is in talks with investor Amit Bhatia over a potential stake sale that could value the club at $6 billion.
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July 23, 2026
An Illinois servicing company that says it provides administrative services to debt relief lawyers cannot avoid Connecticut Department of Banking enforcement efforts because it does not appear to be connected to licensed in-state attorneys, the department has said, urging a state judge to dismiss a challenge to its authority.
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July 23, 2026
Crowell & Moring LLP hired a former general counsel for UBS Bank USA this week to advise banks, fintechs and digital assets companies on regulatory matters.
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July 23, 2026
Orrick Herrington & Sutcliffe LLP has hired a former Cooley LLP partner with years of experience advising clients like emerging financial institutions, retailers and others on financial services regulations, the firm announced Thursday.
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July 23, 2026
The owner of a small finance company in western Massachusetts will plead guilty to running what the government says was an $11 million Ponzi scheme that defrauded more than 200 investors, the U.S. attorney's office said.
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July 23, 2026
The cannabis companies behind the Stiiizy brand have agreed to take into mediation a $1.26 million dispute with a San Diego-based retailer, with a Los Angeles County judge ordering a pause in the pending litigation.
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July 22, 2026
JPMorgan Chase's blockchain business unit Kinexys, which is built on Ethereum Virtual Machine technology and processes billions of dollars worth of tokenized asset transactions every day, is infringing a Texas company's patented technology covering authentication performances, according to a suit filed Wednesday in the Eastern District of Texas.
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July 22, 2026
Republicans on the House Financial Services Committee are calling on the Federal Reserve to explore what else can be done to speed up its bank merger reviews, urging it to look into clearing long-delayed applications and allowing more approvals without a board vote.
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July 22, 2026
Russia is urging a D.C. federal court to pause litigation filed by one of Ukraine's largest banks to enforce a $1.1 billion arbitral award, pointing to a French court decision questioning the impartiality of one of the arbitrators who co-authored an amicus brief critical of the Kremlin.
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July 22, 2026
U.S. Sen. Elizabeth Warren, D-Mass., on Wednesday urged the Government Accountability Office to investigate the impact of staffing cuts at the Commodity Futures Trading Commission, saying the reductions come as the CFTC faces increased responsibilities in overseeing prediction markets and implementing cryptocurrency market legislation.
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July 22, 2026
U.S. Senate Republicans released an updated draft of a bill to regulate digital asset markets Wednesday that includes an ethics provision limiting President Donald Trump's and other officials' involvement with crypto, but a coalition of Democrats said the text "falls short" on several issues.
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July 22, 2026
A former acting enforcement head at the U.S. Securities and Exchange Commission will depart at the end of July after a 16-year career with the agency.
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July 22, 2026
New York's Department of Financial Services moved Wednesday to formally propose rules that would align its existing stablecoin oversight framework with federal standards, advancing a fresh draft following a so-called preproposal version released last month.
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July 22, 2026
Fannie Mae has voluntarily dropped the remaining claims in its lawsuit accusing borrower Affinity Living Communities of defaulting on $28.3 million worth of loans from the government-backed lender, telling the court the appointed receivership had achieved its purpose.
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July 22, 2026
A New York federal judge has refused to grant a motion to suppress four laptops and two recordings involving Huawei employees that the government obtained during its lengthy investigation of the Chinese telecommunications company.
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July 22, 2026
A Canadian man living in the United States should remain on the hook for more than $700,000 in penalties for failing to report foreign bank accounts, the U.S. government told a Washington federal court, arguing he willfully disregarded disclosure requirements.
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July 22, 2026
The Federal Court of Australia has ruled that Rory Macleod, the former CEO and director of dairy and plant-based food company Noumi, formerly Freedom Foods Group (FFG), contravened some of his obligations in a case brought by ASIC over the company's failure to disclose millions of dollars in wasted stock, but the regulator failed to prove others.