Fintech

  • May 26, 2026

    Fenwick Reaches $54M Deal To Exit FTX Litigation

    Fenwick & West LLP will pay $54 million to resolve claims from spurned FTX Trading Ltd. investors, according to a new set of settlements that will also end investors' disputes with the collapsed cryptocurrency exchange's former auditor and a former NBA star who promoted the platform.

  • May 22, 2026

    Law360 Reveals Titans Of The Plaintiffs Bar

    This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Google, Monsanto and the Trump administration, earning the attorneys recognition as Law360's Titans of the Plaintiffs Bar for 2026.

  • May 22, 2026

    Kalshi, Polymarket Can't Move Wash., Nev. Suits To Fed. Court

    Washington and Nevada regulators' lawsuits accusing prediction markets Kalshi and Polymarket of violating state gambling laws can proceed in their respective state courts, a Ninth Circuit panel ruled Thursday, denying the companies' arguments that the actions raise federal questions and thus belong in federal court.

  • May 22, 2026

    Banks, Ill. AG Duel Over Swipe-Fee Law's Fate On Remand

    Banking trade groups are urging a Chicago federal judge to follow a U.S. regulator's lead and confirm that Illinois' forthcoming restrictions on swipe fees are broadly preempted, pressing to capitalize on new federal rules that the state's attorney general says are "too little, too late."

  • May 22, 2026

    Crypto.com Stuck With Pen Register Claim In Tracking Row

    A California federal judge has significantly narrowed a proposed class action accusing the operator of cryptocurrency exchange Crypto.com of allowing third parties to track the browsing activities of website visitors who rejected the use of cookies, cutting all the plaintiffs' allegations except for a single claim under the pen register provision of the California Invasion of Privacy Act.

  • May 22, 2026

    FDIC Proposes AML, Sanctions Rule For Stablecoin Issuers

    The Federal Deposit Insurance Corp. on Friday issued a proposed rule to codify that stablecoin issuers under its supervision must comply with anti-money laundering, Bank Secrecy Act and sanctions requirements and to bolster the FDIC's coordination with the Treasury Department's illicit finance regulators.

  • May 22, 2026

    CFPB Small-Biz Rule Rollback Tees Up End To Ky. Bank Suit

    Kentucky banks have indicated they will drop their lawsuit over the Consumer Financial Protection Bureau's small-business loan data rule after the agency, now under the Trump administration, significantly scaled back the Biden-era reporting mandate.

  • May 22, 2026

    Committee Probes Insider Trading On Kalshi, Polymarket

    The House Committee on Oversight and Government Reform opened an investigation into potential insider trading on Kalshi and Polymarket on Friday with letters asking the prediction market platforms to hand over compliance information and documents related to headline-grabbing trades.

  • May 22, 2026

    OppFi Clinches Win Over $100M Calif. 'Rent-A-Bank' Case

    A California state judge has freed Opportunity Financial from a California state regulator's pursuit of at least $100 million in fines for alleged predatory lending, sealing the fintech firm's victory over long-running "rent-a-bank" claims that threatened its business model in the state. 

  • May 22, 2026

    Tussle Over Sports Prediction Markets Reaches Rhode Island

    Rhode Island has come into the legal fray over sports event contracts, as regulators in the Ocean State trade lawsuits with prediction market platforms over whether those offerings violate the state's sports betting laws.

  • May 22, 2026

    Fed, OCC Urged To Block 'Predatory' Enova's Bank Buy

    A pair of Senate Democrats cautioned financial regulators about greenlighting fintech lender Enova International's application to become a national bank holding company, calling it a "predatory lender."

  • May 22, 2026

    Crypto Brokerage Blockchain.com Confidentially Files IPO

    Crypto services firm Blockchain.com is preparing to hit the public markets after announcing that it has confidentially filed initial public offering plans with the U.S. Securities and Exchange Commission.

  • May 22, 2026

    Former BakerHostetler Crypto Expert Launches New Boutique

    The head of BakerHostetler's digital and innovative markets team, who has represented Binance CEO Changpeng Zhao, has left the firm after more than seven years to launch a new boutique.

  • May 21, 2026

    FTC Wins Partial Ruling On Doxo's Online Signup Practices

    Online bill pay service Doxo violated federal law by failing to disclose the terms of its doxoPLUS subscription before obtaining customers' payment information, a Washington federal judge ruled Thursday, granting the Federal Trade Commission a partial win in its suit accusing the company of duping consumers into paying hidden fees.

  • May 21, 2026

    Discover Card 'Misclassification' Deal Worth Up To $1.2B OK'd

    An Illinois federal judge Wednesday gave the final green light to a settlement under which Discover Financial Services will pay between $540 million and $1.2 billion to resolve class action allegations it misclassified certain credit card accounts.

  • May 21, 2026

    LGBCoin Buyers Say Sanctions Bid Flunks Safe Harbor Rule

    Investors in the "Let's Go Brandon" meme coin asked a Florida federal court to reject a sanctions bid filed by the coin's founder, saying he didn't comply with the court's safe harbor rule requiring him to send a draft motion 21 days in advance. 

  • May 21, 2026

    Missouri Sues Crypto ATM Co. For Aiding Fraud, Excess Fees

    Missouri's attorney general sued cryptocurrency ATM operator CoinFlip, accusing the company of facilitating scams and then profiting off of the fraudulent transactions by charging hidden and excessive fees.

  • May 21, 2026

    NY Cautions Banks About Cyber Risks From Advanced AI

    New York's financial services regulator issued new guidance Thursday on the risks associated with cutting-edge artificial intelligence, urging firms to make sure their cybersecurity programs can promptly flag weaknesses that so-called frontier AI models can exploit, among other things.

  • May 21, 2026

    SEC's Peirce To Join Law School Faculty After Agency Exit

    The U.S. Securities and Exchange Commission's Hester Peirce will join the faculty of Regent University School of Law this November after her time at the agency, the university announced, although the commissioner said her departure date has not yet been set.

  • May 21, 2026

    OCC Says Fintech Partner Bank Fell Behind On AML Controls

    The Office of the Comptroller of the Currency has ordered Community Federal Savings Bank to strengthen its anti-money laundering controls after finding that the New York-based bank failed to keep pace with the risks from its fast-growing payment-processing business.

  • May 21, 2026

    CFTC Makes Prediction Markets Integrity Pact With NHL

    The National Hockey League and the U.S. Commodity Futures Trading Commission detailed their plans for strengthening oversight of event contracts tethered to the league's games Thursday as fears swirl over insider trading on prediction market sites.

  • May 21, 2026

    Skadden Adds Ex-National Futures Association GC In Chicago

    The former general counsel for the National Futures Association has jumped to private practice at Skadden Arps Slate Meagher & Flom LLP in Chicago.

  • May 20, 2026

    Bank Ratings Would Focus More On Financial Risk Under Plan

    Federal regulators have unveiled a proposal to revamp a key ratings system used for grading the condition of banks, outlining changes that could make it harder to penalize banks on exams for governance and compliance issues unless they pose a clear financial threat.

  • May 20, 2026

    States Push FDIC To Include Them In Stablecoin Reviews

    The Federal Deposit Insurance Corp. faces calls to coordinate with fellow federal agencies and include state banking regulators in its coming application process for stablecoin issuers under its supervision.

  • May 20, 2026

    Fed Pitches Formal Plan To Offer Fintechs 'Payment Accounts'

    The Federal Reserve on Wednesday moved closer to giving financial technology firms a new route to accessing its payment rails, advancing a formal proposal to create a special type of "payment account" while calling for a pause on some pending full-account decisions.

Expert Analysis

  • How 2 Tech Statutes Are Being Applied To Agentic AI

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    The application of the Computer Fraud and Abuse Act and the California Invasion of Privacy Act to agentic artificial intelligence is still developing, but recent case law, like Amazon's lawsuit against Perplexity in California federal court, provides some initial guidance for companies developing or deploying these technologies, say attorneys at Weil.

  • NYC Bar Opinion Warns Attys On Use Of AI Recording Tools

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    Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.

  • Series

    The Biz Court Digest: Dispatches From Utah's Newest Court

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    While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • 3 Key Ohio Financial Services Developments From 2025

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    Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.

  • Series

    Playing Tennis Makes Me A Better Lawyer

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    An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

  • OCC Rulemaking May Clear Haze Around Trust Banks' Scope

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    A recent Office of the Comptroller of the Currency proposal at last eliminates uncertainty around whether national trust banks can engage in nonfiduciary activities, but it does not address which activities are permissible or whether a minimum amount of fiduciary activity is required, say attorneys at Davis Polk.

  • Digital Assets May Be In For A Growth Spurt In 2026

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    All signs point to an acceleration in digital asset product and service innovation throughout 2026, and while questions of first impression still need to be addressed, some legal issues will be clarified, spurring developments namely on the tokenization and stablecoin fronts, say attorneys at Skadden.

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • Crypto-Asset Strategy For Corporate Legal Leaders In 2026

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    As digital assets experience increased regulatory clarity, institutional adoption and technological maturity, in-house legal leaders must build strong policies this year and stay engaged with the evolving market to help their companies seize the opportunities of the digital asset era while managing the risks, say attorneys at Foley & Lardner.

  • Cybersecurity Must Remain Financial Sector's Focus In 2026

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    In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

  • 2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto

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    Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.

  • Presidential Pardon Brokering Can Create Risks For Attys

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    The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Series

    Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

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