Fintech

  • August 06, 2026

    Hogan Lovells Cadwalader Adds Ex-Treasury Crypto Atty

    Hogan Lovells Cadwalader has hired a former Treasury Department counsel, who in his last role was the agency's first official dedicated to focusing on digital asset policy and blockchain technology, the firm announced Thursday.

  • August 05, 2026

    BofA Must Face Some Claims In Military Interest Cap Suit

    A North Carolina federal judge declined to fully adopt a magistrate judge's recommendation to dismiss a proposed class action accusing Bank of America of violating an interest cap law for military service members, though he trimmed some claims from the suit.

  • August 05, 2026

    Novig Sues New York To Preempt Prediction Market Suit

    Sports betting app Novig is taking an offensive stance against New York, telling a federal judge Wednesday that the state can't enforce its gambling and sports wagering laws over event-contract trading it says is regulated by the Commodity Futures Trading Commission.

  • August 05, 2026

    Soldier Wants To Fight DOJ, CFTC Maduro Bet Cases At Once

    The U.S. Army soldier accused of reaping prediction market profits with his knowledge of the January operation to capture Venezuelan President Nicolás Maduro wants to fight parallel actions from the U.S. Commodity Futures Trading Commission and the U.S. Justice Department at once, and contends the government can't use his case as an "experiment" for how to police trading on platforms like Polymarket.

  • August 05, 2026

    Kalshi To Block Wash. Betting But Said Pause Is Overbroad

    Kalshi agreed to implement geofencing restrictions by Aug. 26 to prevent people in Washington from making bets on the platform in accordance with a state judge's preliminary injunction, but the prediction market is still at odds with state officials over the scope of the court order.

  • August 05, 2026

    Crypto Platform Founder Sentenced In Wash-Trading Case

    The founder of a cryptocurrency market-making platform avoided prison time as he was sentenced Wednesday in Massachusetts federal court for manipulating crypto markets through illegal wash trading.

  • August 05, 2026

    SEC Establishes New Accounting Fraud Unit

    The U.S. Securities and Exchange Commission announced Wednesday that it will create a specialized unit within its enforcement division to focus on fraud and misconduct in accounting, financial reporting and auditing, tapping a former Gibson Dunn & Crutcher LLP lawyer as head of the new unit.

  • August 05, 2026

    Utah Can Enforce Gambling Laws Against Kalshi, Judge Says

    A Utah federal judge has allowed the state's gambling regulators to crack down on Kalshi's sports event contracts, rejecting the prediction market giant's argument that it should be shielded by federal law.

  • August 05, 2026

    AI Blockchain Co. Accused Of Covering Up CEO's Past

    A company that says it uses artificial intelligence to tokenize data was sued in Pennsylvania federal court Wednesday by an investor who claims the company failed to alert shareholders that its CEO had previously settled a U.S. Securities and Exchange Commission enforcement action.

  • August 05, 2026

    CFPB Sends Open-Banking Rule Redo To White House

    The Consumer Financial Protection Bureau has finished a proposal to overhaul its Biden-era open-banking rule and has submitted it for White House clearance, a move that signals the agency is nearing publication of the highly anticipated draft changes.

  • August 05, 2026

    NY Judge Chucks Voyager's Ch. 11 Plan Exculpations

    A New York federal judge threw out an exculpatory provision in former cryptocurrency exchange Voyager's Chapter 11, saying that while the language wasn't precluded by a U.S. Supreme Court case, it was nonetheless invalid.

  • August 04, 2026

    Alibaba Investor Says E-Com Giant Hid China Military, AI Risks

    Chinese e-commerce company Alibaba was hit Tuesday with a suit accusing it of misleading shareholders about both its status as a Chinese military company in the eyes of the U.S. government and about its allegedly ongoing illicit activity tied to accessing third-party artificial intelligence models.

  • August 04, 2026

    Fla. Court Rules In Favor Of LGBCoin Investors

    A Florida federal judge on Tuesday granted a default judgment in favor of "Let's Go Brandon" meme coin investors in a class action alleging securities violations, saying that a purported founder of the digital currency vexatiously litigated the case. 

  • August 04, 2026

    Stripe Seeks OK Of $1.4M Arb. Award In Chargeback Dispute

    Payment processing company Stripe has asked a California federal court to confirm an arbitration award of more than $1.3 million in fees and costs that it won after beating claims from a merchant, whose payment processing account was terminated due to an extremely high volume of chargebacks.

  • August 04, 2026

    CFTC's Selig Has Crypto Rules Ready Even If Clarity Bill Stalls

    U.S. Commodity Futures Trading Commission Chairman Michael Selig on Tuesday said his agency has rule proposals "ready to go" if Congress passes its Clarity Act to regulate crypto markets, and it will move forward with those rulemakings whether the bill succeeds.

  • August 04, 2026

    FDIC Gives Green Light To 'AI-Native' Augustus National Bank

    A top U.S. banking agency said Tuesday that it has signed off on deposit insurance coverage for Augustus National Bank NA, advancing the newly chartered startup's plans to build out a full-service platform for crypto firms, high-net-worth clients and other players in the digital economy.

  • August 04, 2026

    Linqto Customers Can't Force Turnover Of Crypto Co. Shares

    A Texas bankruptcy judge rejected motions by Linqto customers that sought an order forcing the investment platform to hand over shares in crypto company Circle Internet Group Inc., ruling that the customers' requests were legally deficient.

  • August 03, 2026

    Dems Urge CFTC To 'Rein In' Wildfire Prediction Markets

    Democratic senators led by Oregon's Jeff Merkley on Monday called on the U.S. Commodity Futures Trading Commission to "rein in" prediction markets speculating on wildfires.

  • August 03, 2026

    Legal Questions Michigan Is Still Facing In 2026

    Michigan's legal sector can expect answers on several burning legal questions in the remainder of 2026, with major litigation over the Flint water crisis nearing an end, and the state's enforcement push against prediction market purveyors just getting started. Some of the biggest questions, however, will be answered not in court, but at the ballot box, where Michigan Supreme Court justices are up for election and a potential constitutional convention will be put to voters.

  • August 03, 2026

    FBI Agent Says He Stole $1M In Crypto, Turns Himself In, Feds Say

    An FBI agent who says he stole nearly $1 million in cryptocurrency from overseas targets self-reported his conduct because it was "eating him up" and has been charged with the interstate transport of stolen goods and receipt of stolen goods, according to an affidavit unsealed in Virginia federal court Monday.

  • August 03, 2026

    Fintech Dakota Seeks OCC Trust Charter For Stablecoin Biz

    Stablecoin infrastructure firm Dakota said Monday it's pursuing federal oversight of its business with an application for a national trust charter, which was prepared by Paul Hastings LLP.

  • August 03, 2026

    AAA Launches Web3 Panel With Google, UPenn Members

    The American Arbitration Association has announced the launch of a special panel for blockchain and digital-asset cases, with its initial slate of arbitrators including professionals from the University of Pennsylvania and Google Cloud.

  • August 03, 2026

    Visa To Buy Permira-Backed BioCatch In $2.4B Deal

    Visa said Monday it has agreed to acquire fraud intelligence company BioCatch from funds advised by Permira and other shareholders for $2.4 billion in cash, more than two years after Permira became BioCatch's majority stakeholder at a $1.3 billion valuation.

  • August 03, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week tackled disputes involving merger litigation, insider trading allegations, books and records demands, advancement proceedings, fiduciary duties, public benefit corporations and more.

  • July 31, 2026

    Law360 Names 2026's Top Attorneys Under 40

    Law360 is pleased to announce the Rising Stars of 2026, our list of more than 160 attorneys under 40 whose legal accomplishments belie their age.

Expert Analysis

  • Series

    Choral Singing Makes Me A Better Lawyer

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    Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.

  • What Ratings Overhaul May Mean For Banking Industry

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    Proposed revisions to the bank rating system commonly known as CAMELS could constrain examiner discretion and tie supervisory outcomes more closely to measurable financial risk, potentially saving compliance costs, reducing the frequency of ratings downgrades and spurring a more growth-oriented banking system, say attorneys at Debevoise.

  • Series

    Illinois Banking Brief: All The Notable Legal Updates In Q2

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    The last three months were particularly consequential for Illinois banking law, with a federal court ruling reshaping the Interchange Fee Prohibition Act, the state filling enforcement gaps, significant legislative activity and a revision to the community bank leverage ratio, say attorneys at Riley Safer.

  • Attorney Mental Health Is An Ethical Obligation In The AI Era

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    As attorneys cope with the increasing unpredictability that artificial intelligence and constant policy changes have created, particularly in practice areas where they carry the emotional weight of clients’ most consequential life events, otherwise soft discussions about self-care are a matter of professional competence, says attorney Jack Jrada.

  • 3 Steps For Banks As Section 1071 Rule Finally Becomes Final

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    Some community banks and other lenders will get some breathing room in the final Section 1071 rule exempting them from small business lending reporting duties, but other reporting institutions should update applications, systems and staff training ahead of the 2028 compliance date, says Memrie Fortenberry at Jones Walker.

  • Prediction Market Case Will Test US Insider Trading Reach

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    The insider trading case recently brought against Google employee Michele Spagnuolo may help clarify the extraterritorial reach of the Commodity Exchange Act and U.S. agencies' ability to police foreign trading in prediction markets, say attorneys at Akin.

  • Series

    Power To The Paralegals: Burnout As A Structural Problem

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    Law firm leadership can best retain their paralegals not by encouraging self-care, but by seeking top-down structural solutions for the quiet proliferation of responsibilities and the vicarious exposure to client trauma that particularly drive burnout in this vital role, says Erika Sneeringer at Brockstedt Mandalas.

  • 2 Prediction Market Cases Will Test Insider Trading Theory

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    Prosecutors in two recent Southern District of New York cases have filed separate charges against two defendants who used confidential information gathered from each employer to place prediction market bets, but each prosecution must overcome different legal hurdles established by the U.S. Supreme Court and the Second Circuit, says John Siffert at Lankler Siffert.

  • Ill. Law Firm MSO Bill Clashes With Court Power, Ethics Rules

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    An Illinois bill prohibiting law firms from certain business arrangements with management service organizations, sent to the governor for signature last week, encroaches upon the courts' constitutional powers and goes beyond the Illinois Rules of Professional Conduct in regulating investment in law-related services, says Matthew O’Hara at Smith Gambrell.

  • 3rd Circ. Decision Sheds Light On BIPA Bank Exemption

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    The Third Circuit's recent decision in McGoveran v. Amazon illuminates how courts are extending the Illinois Biometric Information Privacy Act's financial institution carveout beyond banks and insurers to technology vendors and other businesses handling biometric data, a defendant-friendly shift that still casts uncertainty around BIPA's enforcement, say attorneys at Dorsey & Whitney.

  • Assessing Issues The CFTC's Sports Betting Rules May Face

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    The U.S. Commodity Futures Trading Commission recently proposed a rule to consolidate its control of sports bets made on prediction market trading platforms, but problems may arise from possible conflicts between the proposed changes and state laws — and maybe even the Commodity Exchange Act itself, says David Slovick at Kopecky Schumacher.

  • Opinion

    State Courts Must Be Gatekeepers Of Expert Testimony

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    Based on my experience in the state judiciary, emulating federal courts' role as gatekeepers of expert witness testimony would help state court judges maintain the appearance of impartiality and assist juries, thus enhancing the overall confidence people have in their justice system, says Lorie Gildea at Greenberg Traurig.

  • Series

    Moshing Makes Me A Better Lawyer

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    Entering a mosh pit is much like entering the practice of law — it is difficult, you have to know both the written and unwritten rules, and conduct yourself according to the expectations of each community, says Christopher Deubert at Constangy Brooks.

  • Is The SEC Entering Fight Over Prediction Market Oversight?

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    The U.S. Securities and Exchange Commission had remained largely silent on prediction market regulation until last week, but that trend may be changing, as many event contracts could qualify as security-based swaps, which are subject to the SEC's oversight under current definitions, say attorneys at Bradley Arant.

  • Data Reveals Pivot In Feds' Financial Fraud Priorities

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    Recent Justice Department data shows fraud prosecutions fell to their lowest rate in a decade in 2025, illustrating a move away from traditional financial cases and toward a targeted mix of healthcare, government program, consumer and sanctions matters, say Paul Hinton and Adrienna Huffman at The Brattle Group.

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