Fintech

  • June 01, 2026

    UK Fintech OpenPayd To Go Public Via $1.15B SPAC Deal

    Allen Overy Shearman Sterling and Winston & Strawn LLP are steering a deal under which financial infrastructure platform OpenPayd will be acquired and taken public at an estimated equity value of $1.15 billion by Titan Acquisition Corp., a special purpose acquisition company purportedly focused on high-growth fintechs, the parties announced Monday.

  • June 01, 2026

    Ill. Swipe-Fee Law Blocked For Most Banks, Slated For Delay

    A Chicago federal judge ruled Monday that Illinois cannot enforce its landmark ban on tax-and-tip swipe fees against most banks, handing the banking industry a major legal win the same day that state lawmakers voted separately to delay the ban altogether until next year.

  • June 01, 2026

    Feds Must Share Info On Source Code They Say Was Stolen

    A New York federal judge on Monday denied a quantitative trader's bid to escape a charge of trade secret theft but granted his request for prosecutors to turn over information on the source code he allegedly stole.

  • June 01, 2026

    JPMorgan Defeats Suit Over Transaction Processing Patent

    JPMorgan Chase & Co. was able to dodge a suit accusing it of infringing a patent covering a way to process a financial transaction, after a Delaware federal judge agreed that the patent didn't pass the U.S. Supreme Court's Alice test.

  • June 01, 2026

    Justices Seek Feds' Input On Robinhood Investor Suit

    The U.S. Supreme Court on Monday asked the government to weigh in on a dispute between trading app operator Robinhood and investors who sued over the company's $2.1 billion initial public offering, as the high court considers whether to hear the case.

  • June 01, 2026

    White & Case Adds 6 Partners Across US, UK

    White & Case LLP announced Monday the addition of six new partners to multiple practice teams across the United States and the United Kingdom.

  • June 01, 2026

    TriZetto, Infosys Fight Each Side's CEO Deposition Bids

    Cognizant TriZetto Software Group and Infosys Ltd. have filed dueling motions to block depositions of each other's top executives in a trade secret lawsuit over allegations that Infosys misused confidential access to TriZetto's healthcare software to build competing products.

  • June 01, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week handled disputes involving merger litigation, startup financing battles, cryptocurrency contracts, investor oversight claims and corporate governance challenges, while also issuing notable rulings in cases tied to World Wrestling Entertainment Inc., cybersecurity company KnowBe4 Inc. and biotechnology firm Ayala Pharmaceuticals Inc.

  • May 29, 2026

    Binance Beats Claims It Helped Finance Hamas Terror Attack

    A D.C. federal judge on Friday dismissed claims by victims of the Oct. 7, 2023, attacks in Israel that corporate entities operating the Binance cryptocurrency exchanges helped the Islamic resistance movement Hamas carry them out by letting terrorist-linked users move money on their platforms.

  • May 29, 2026

    SEC Critic Pushes To Undo $31M Disgorgement Order

    A litigation group combating what it views as overreach by the U.S. Securities and Exchange Commission is backing a pair of microcap dealers' bid to undo their over $31 million disgorgement order, arguing that recent enforcement changes at the SEC have created "a one-way ratchet" harming small investors and entrepreneurs.

  • May 29, 2026

    Defamation Litigation Roundup: 'The Rip,' Lively, Justin Sun

    In this month's review of defamation fights, Law360 details a suit by a pair of Miami-Dade police officers over a movie starring Matt Damon and Ben Affleck that they said makes them seem like sleazy cops, as well as a case by a Trump family-backed cryptocurrency firm against Justin Sun.

  • May 29, 2026

    Chime Can't Dodge Class Action Over 'Refer-A-Friend' Texts

    A Washington federal judge on Friday declined to throw out a proposed class action accusing online banking company Chime Financial Inc. of violating state law through its refer-a-friend text messages, ruling that the marketing texts don't fall under an exception to Washington's Commercial Electronic Mail Act.

  • May 29, 2026

    CFTC Eyes US Perpetual Derivatives With Kalshi Approval

    The U.S. Commodity Futures Trading Commission on Friday took a leap forward in bringing so-called crypto perpetual derivatives to U.S. traders with a first-of-its-kind approval of Kalshi's bitcoin perpetual futures contract and no-action relief that allows Coinbase to connect U.S. customers with global offerings.

  • May 29, 2026

    Wis. Says CFTC Lacks Standing To Block Its Betting Regs

    Wisconsin told a federal judge on Friday that the U.S. Commodity Futures Trading Commission failed to specify injuries in a lawsuit seeking to block the state from regulating prediction market platforms, while also arguing against platforms' bid to intervene in the case.

  • May 29, 2026

    FDIC Reaffirms Ex-Bank CEO's Penalty After High Court Trip

    The Federal Deposit Insurance Corp. has again ordered an industry ban and $125,000 fine for a former Michigan bank CEO following a U.S. Supreme Court remand, finding his handling of a troubled borrower relationship still justified sanctioning him under a stricter legal standard.

  • May 28, 2026

    Kalshi Targets Minnesota Prediction Market Ban In New Suit

    Kalshi is taking aim at a Minnesota ban on prediction markets that it says would turn it into a felon for operating in the state, filing a suit that follows a similar bid by the U.S. Commodity Futures Trading Commission to block the state law.

  • May 28, 2026

    CFPB's Return-To-Office Plan Could Spur More Exits

    The Consumer Financial Protection Bureau is moving forward with a return-to-office plan that will involve shifting to new headquarters, ending most telework and requiring field employees to relocate to the Washington, D.C., area starting this summer, Law360 has learned.

  • May 28, 2026

    Bilt Faces Dem Grilling Over Bank Partner Transition 'Turmoil'

    U.S. Sen. Elizabeth Warren, D-Mass., said Thursday that she wants answers from Bilt Rewards on reports that customers of the rent payment reward business have experienced transaction and payment issues stemming from the company's transition between bank partners.

  • May 28, 2026

    Ex-NBA Player Sues Crypto Co. After $2M Publicity Deal Sours

    Former NBA player Tristan Thompson sued cryptocurrency firm World Mobile Group Ltd. in Delaware Chancery Court, accusing the company of manufacturing bogus allegations to get out of its obligations under his $2 million brand ambassador deal while continuing to use his name, image and likeness.

  • May 28, 2026

    SEC OKs Paxos As 1st 'Blockchain-Native' Clearing Agency

    Blockchain infrastructure firm Paxos said Thursday that the U.S. Securities and Exchange Commission has signed off on its clearing agency registration for blockchain-based settlement in what Paxos said is a first-of-its-kind approval.

  • May 28, 2026

    SEC Says AI Crypto Trading Bot Was $12M Ponzi Scheme

    The U.S. Securities and Exchange Commission on Thursday accused a Texas man of lining his pockets with millions of dollars in investor funds that he falsely promised would be used to trade cryptocurrency using an artificial intelligence-operated bot.

  • May 28, 2026

    GMO Trust Investors Get Final OK For $6.8M Deal

    GMO-Z.com Trust and buyers of the GYEN stablecoin have received final approval of a $6.8 million deal to end the buyers' claims they suffered losses when the coin was "de-pegged" from the Japanese yen.

  • May 28, 2026

    Paxton Says Mass. Court Can't Halt ActBlue Case In Texas

    Texas Attorney General Ken Paxton urged a Massachusetts federal judge to toss a lawsuit claiming his fraud allegations against Democratic fundraising platform ActBlue are politically motivated, saying the Bay State court cannot interfere in his Texas case.

  • May 28, 2026

    CFTC Seeks To Join Kalshi Fight Over Rhode Island Ban

    The U.S. Commodity Futures Trading Commission asked a Rhode Island federal judge to join Kalshi in its suit against the state of Rhode Island on Thursday, extending the commission's campaign to assert its regulatory authority over prediction markets.

  • May 28, 2026

    Mark Cuban Beats Bid To Move Crypto Investor Suit To Texas

    A Miami federal judge won't send dismissed crypto promotion claims against Mark Cuban and the Dallas Mavericks to Texas, noting the investors seeking to move the suit strenuously fought the move earlier in the litigation and now "decline to explain why their current about-face should be excused."

Expert Analysis

  • 5 Tips For Navigating Your Firm's All-Attorney Summit

    Excerpt from Practical Guidance
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    Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.

  • Opinion

    Clarity Act Would Clear Welcome Pathways For Blockchain

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    The framework proposed under the Senate Banking Committee's version of the Clarity Act creates reasonable compliance obligations and meaningful token-distribution opportunities that would open the door for more U.S.-based blockchain projects, without the heightened risk of securities litigation and regulatory enforcement, says Karen Ubell at Goodwin.

  • 6 Noteworthy Changes From SEC Enforcement Manual Update

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    Recent updates to the U.S. Securities and Exchange Commission’s enforcement manual represent a commitment to transparency and fair process, with the signature change being a requirement that staff make certain probative evidence available during the Wells process, say attorneys at Debevoise.

  • Series

    Coaching Soccer Makes Me A Better Lawyer

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    Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

  • How To Wield The Clarity Act As A Litigation Defense Tool

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    The Clarity Act is being discussed as a future compliance statute, but for litigators it can be used as a present-day defense tool to strengthen fair‑notice framing, argue for forward‑looking remedies rather than punitive ones and reprice settlement leverage as statutory clarity approaches, say attorneys at Baker McKenzie.

  • Series

    Law School's Missed Lessons: The Human Element

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    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • Get Smart: Navigating The Genius Act's Regulatory Gaps

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    While some recent Genius Act rulemaking has covered consumer protection issues within the stablecoin market, the context is generally narrow and the final outcome remains uncertain for financial institutions or companies in the evolving landscape, say attorneys at Paul Hastings.

  • Why Prediction Market Regulation Is At Major Inflection Point

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    As prediction markets experience tremendous growth and rapid mainstream adoption, regulators have begun to exercise enforcement authority to ensure market integrity and protect participants, though forthcoming guidance will shed light on how aggressively the agencies will police the fast-changing landscape, say attorneys at Latham.

  • Compliance Takeaways Amid Increased Auto Finance Scrutiny

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    Recent supervisory focus on consumer protection in auto finance by agencies such as the Federal Deposit Insurance Corp. provides meaningful signals regarding areas of heightened regulatory scrutiny for lenders, including data accuracy, AI risk management and vendor oversight, say attorneys at Snell & Wilmer.

  • The Benefits Of Choosing A Niche Practice In The AI Age

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    As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.

  • The Practical Implications Of New FDIC Stablecoin Measures

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    The Federal Deposit Insurance Corp.'s recent proposal to create a formal process for issuing payment stablecoins arrives with several practical implications for FDIC‑supervised banks pursuing digital asset strategies, including a safe harbor for early applicants and a focus on ownership and governance, say attorneys at Troutman.

  • 5 Takeaways From OCC's 'Appealing' Exam Challenge Revamp

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    The Office of the Comptroller of the Currency's recent proposed overhaul of its bank appeals framework introduces several attractive, high-level changes that OCC-supervised banks and their counsel should note, and may lead to an increase in successful exam challenges, says James Williams at Venable.

  • What The CFTC's Event Contracts Amicus Brief Is Missing

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    The U.S. Commodity Futures Trading Commission's recent amicus brief in the Ninth Circuit's North American Derivatives Exchange v. Nevada case declines to define the boundary between swaps and wagers, leaving market participants, exchanges and intermediaries operating within a regulatory framework whose boundaries remain undrawn, says Tamara de Silva at De Silva Law Offices.

  • Series

    Podcasting Makes Me A Better Lawyer

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    Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.

  • Del. Coinbase Outcome May Have Been Different In Texas

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    The Delaware Court of Chancery's recent decision in Grabski v. Andreessen, finding that a member of the Coinbase special litigation committee was not independent, provides guidance for Delaware boards regarding the formation, composition and operation of SLCs, while offering a counterpoint to the procedures available to Texas-incorporated companies, says John Lawrence at Baker Botts.

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