Fintech

  • May 19, 2026

    Trump Banking Orders Boost Fintechs, Block Immigrants

    President Donald Trump on Tuesday signed a pair of executive orders aimed at preventing undocumented immigrant workers from using the U.S. financial system and expanding financial technology firms' access to Federal Reserve payment accounts and services.

  • May 19, 2026

    Sen. Warren Presses OCC On Crypto Trust Charter Approvals

    Sen. Elizabeth Warren, D-Mass., is demanding Comptroller of the Currency Jonathan Gould share documents and communications related to the approval of national trust charters for cryptocurrency firms, which Warren argues are "seemingly ineligible" since the firms' business plans appear to wade into traditional banking activities.

  • May 19, 2026

    SEC Eyes Public Market Reforms With 2 New Proposals

    The U.S. Securities and Exchange Commission on Tuesday introduced a pair of proposals that could make it easier for publicly traded companies to raise capital through so-called shelf offerings while also reducing disclosure requirements for more issuers, arguing the proposals would bolster the public markets. 

  • May 19, 2026

    CFTC Sues Minnesota Over Law Banning Prediction Markets

    The U.S. Commodity Futures Trading Commission sued Minnesota on Tuesday to block a newly enacted ban on prediction markets, the sixth state the CFTC has taken to federal court to assert control over regulation of the markets.

  • May 19, 2026

    NJ Plans To Take 3rd Circ. Kalshi Loss To US Supreme Court

    New Jersey plans to seek U.S. Supreme Court review of a recent Third Circuit decision that upheld an injunction on the state's attempt to ban sports prediction markets, according to a joint status report filed by the state and KalshiEx LLC in New Jersey federal court. 

  • May 19, 2026

    Bitcoin ATM Co. Says Compliance Measures Sent It To Ch. 11

    Counsel for cryptocurrency automatic teller machine Bitcoin Depot told a Texas bankruptcy judge Tuesday that regulatory pressure and self-imposed anti-fraud measures caused a sharp drop in revenue that sent the company into Chapter 11.

  • May 19, 2026

    NC Judge OKs DOJ, RealPage Deal In Antitrust Suit

    A North Carolina federal judge signed off on the U.S. Department of Justice's settlement with RealPage, the latest development in a suit alleging landlords coordinated to inflate rental prices via the company's algorithmic pricing software.

  • May 19, 2026

    Ex-Trader Says Crypto Co.'s Bid For Sanctions Is 'Unfounded'

    A former trader said a cryptocurrency company is using an "unfounded" characterization of his deposition conduct to seek sanctions and lend credence to facts it hasn't otherwise been able to prove in its suit accusing him of usurping $8.1 million in digital assets.

  • May 18, 2026

    House Ag Leaders Urge Trump To Fill Bipartisan CFTC Seats

    Leaders of the House agriculture committee are jointly urging President Donald Trump to nominate bipartisan candidates to the U.S. Commodity Futures Trading Commission to serve alongside lone Republican Chairman Michael Selig.

  • May 18, 2026

    Fintech Yotta To Pay Calif. $1M Over False FDIC Claims

    California's Department of Financial Protection and Innovation has brought two fintech-focused actions, levying a $1 million fine against a partner of collapsed fintech Synapse and separately mandating a bitcoin ATM operator shut down its kiosks in the state.

  • May 18, 2026

    SEC Ends 'Gag Rule' Policy For Enforcement Settlements

    The U.S. Securities and Exchange Commission on Monday scrapped a decades-old enforcement policy that prohibited settling parties from denying the agency's allegations against them, saying the policy made it appear as though the SEC was trying to "shield itself from criticism."

  • May 18, 2026

    Bitcoin Depot Hits Ch. 11, Blaming Crypto Crackdown

    Bitcoin Depot, a nationwide operator of bitcoin automatic teller machines, filed for Chapter 11 protection in a Texas bankruptcy court with nearly $27 million in debt and plans to wind down and sell its assets, blaming increasingly stringent regulation and enforcement.

  • May 18, 2026

    Justices Refuse To Review Alice Ax Of $223M USAA Case

    The U.S. Supreme Court on Monday rejected the United Services Automobile Association's appeal of a Federal Circuit decision that wiped out $223 million in judgments it won against PNC Bank and found the mobile check deposit patents at issue invalid for covering only abstract ideas.

  • May 15, 2026

    OCC Adopts Rules To Curb State Escrow-Interest Laws

    The Office of the Comptroller of the Currency moved Friday to shield many of the nation's biggest banks from state requirements to pay interest on homeowner mortgage escrow accounts, finalizing a pair of rules that extend its push to bolster federal banking preemption.

  • May 15, 2026

    Payments Co. Cliq Must Pay $6.5M For Violating FTC Deal

    A Nevada federal judge has directed Cliq Inc. and its executives to pay a $6.5 million sanction over the Federal Trade Commission's claims the payment processor violated the terms of a 2015 settlement by continuing to work with high-risk merchants that allegedly defrauded customers.

  • May 15, 2026

    Fed. Circ. OKs Decisions Clearing Banks In Patent Cases

    The Federal Circuit on Friday backed lower court decisions that cleared a pair of banks of allegations that they infringed an online banking patent, but threw out a nearly $85,000 sanctions order against the patent owner and its counsel.

  • May 15, 2026

    Groups Drop CFPB Suit Over Stalled Biden-Era Small-Biz Rule

    Consumer-aligned groups that sued to force the Consumer Financial Protection Bureau to implement its Biden-era reporting requirements for small-business lenders have voluntarily dropped their case, according to a Friday federal court filing.

  • May 15, 2026

    Caitlyn Jenner Faces Fresh Suit Over Meme Coin Collapse

    Media personality and former Olympian Caitlyn Jenner faces potential class action fraud claims in California state court over the collapse of her meme coins after a similar action was tossed from federal court last month because a judge said the plaintiff couldn't sustain his securities fraud claims.

  • May 15, 2026

    Alston & Bird, Banks Sued Again Over $328M Goliath Scam

    Another proposed class of investors sued Alston & Bird LLP and a trio of financial institutions Friday over their alleged roles in a $328 million cryptocurrency scam orchestrated by Goliath Ventures Inc.

  • May 15, 2026

    Detroit Says Robinhood Sports Contracts Imperil Its Economy

    The city of Detroit has urged a Michigan federal court to deny Robinhood Derivatives LLC's bid to block the state from enforcing its state gaming laws, arguing the company's sports-related event contracts threaten Detroit's tax revenue and local economy.

  • May 15, 2026

    4 Key Takeaways From SEC's Semiannual Reporting Proposal

    The U.S. Securities and Exchange Commission recently put forth a plan that could allow publicly traded companies to move from a quarterly to a semiannual reporting schedule, but whether they choose to do so and how that could impact both the growth of the public markets and insider-trading plans for corporate leaders remains up for debate.

  • May 15, 2026

    Marketer Says It Was Pawn In Med Supplier's Crypto Pivot

    A Massachusetts marketing firm says a medical supply company used it to broker a $50 million deal with another supplier, touted the arrangement to investors, then abruptly turned itself into a cryptocurrency business, stiffing the plaintiff out of anticipated commissions.

  • May 15, 2026

    Turkish Fintech Exec Cops To Duping Venture Capital Backers

    A fintech executive from Turkey copped to a count of securities fraud Friday, telling a Manhattan federal judge that she lied to seed-round investors who backed her Kalder Inc. startup and agreeing to forfeit about $7 million.

  • May 14, 2026

    Apple Drops Bid To Transfer Fintiv Suit Due To Albright Exit

    Apple Inc. has abandoned its request to transfer Fintiv Inc.'s trade secret theft and racketeering lawsuit from Georgia to Texas, citing U.S. District Judge Alan Albright's decision to leave the bench in the Western District of Texas.

  • May 14, 2026

    FDIC Signs Off On Stellantis Industrial Bank Bid

    Stellantis, the company behind Chrysler, Jeep and Dodge cars, has received Federal Deposit Insurance Corp. clearance to open a U.S. industrial bank, a move that will put all of Detroit's "Big Three" automakers on track to own federally insured lenders.

Expert Analysis

  • Series

    Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • What Model Risk Guidance Update Means For Banks

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    Federal prudential regulators recently issued new model risk management guidance for banks that is designed to reduce prescriptive supervisory expectations and instead focus more on material financial risk, so banking organizations should reassess their model inventories, apply the new materiality framework and update their internal policies, say attorneys at Orrick.

  • Becoming The Biz-Savvy GC That Portfolio Companies Need

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    Candidates for general counsel roles at private equity-backed portfolio companies should prioritize proving their sector-specific experience, commercial judgment and ease with uncertainty — and attorneys hoping to be candidates in five to 10 years should start working on those skills now, says Dimitri Mastrocola at Major Lindsey.

  • Operational AI Washing: The Section 220 Information Strategy

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    Plaintiffs filing AI washing claims will likely use Section 220 of the Delaware General Corporation Law to obtain internal board records, but 2025 amendments have fundamentally changed the landscape of presuit shareholder document demands in ways that create both risk and opportunity for companies, say attorneys at Akerman.

  • Series

    Judges On AI: How Courts Can Survive The Tech Revolution

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    Colorado Supreme Court Justice Maria Berkenkotter and Colorado Court of Appeals Judge Lino Lipinsky de Orlov discuss how artificial intelligence has already fundamentally altered the legal system and offer tips for courts navigating deepfakes, hallucinations and a gap in access to AI tools.

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • Sentencing Tips For Defending Crypto Conspiracy Cases

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    The sentencing of Evan Tangeman to 70 months in federal prison for laundering money in a cryptocurrency conspiracy illustrates that defense attorneys representing clients in multidefendant crypto cases need to understand the mechanics of conspiracy liability, loss attribution and restitution exposure before they reach the sentencing table, says Joseph De Gregorio at Sentencing Advocacy.

  • Series

    Playing Basketball Makes Me A Better Lawyer

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    My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

  • Series

    The Biz Court Digest: Georgia Court Has Business On Its Mind

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    Thanks to recent legislation, the Georgia State-wide Business Court will soon offer business litigants greater access to the court than ever before, further enhancing the court's emphasis on efficiency, predictability and accessibility for sophisticated commercial disputes, says former GSBC judge Walt Davis at Jones Day.

  • How Treasury's Stablecoin Test Will Shape State Oversight

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    The Treasury Department's recently proposed principles for judging whether state stablecoin regimes are "substantially similar" to the federal framework signal that issuers should expect stricter benchmarking against the bank agencies' standards, limited state flexibility and heightened pressure to reassess compliance as rules take shape, say attorneys at Baker McKenzie.

  • Mass. Draft Regs Signal Nationwide Scrutiny Of Junk Fees

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    Massachusetts Attorney General Andrea Campbell's new draft regulations for assisted living facilities is only her latest move in the war on junk fees — and part of a national reordering of consumer protection enforcement in which states are aggressively and creatively asserting authority, says Steve Provazza at Arnall Golden.

  • CFPB Rule Recalibrates Fair Lending Compliance

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    A close reading of the Consumer Financial Protection Bureau's new final rule on fair lending enforcement reveals a thoughtful and disciplined effort to realign enforcement with statutory text, evidentiary rigor and practical compliance realities, says Alan Kaplinsky at Ballard Spahr.

  • Operational AI Washing: A New Securities Class Action

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    In rising claims of operational AI washing — plaintiffs alleging that artificial intelligence was invoked to explain corporate business decisions in ways that may obscure underlying financial distress — earnings calls, restructuring disclosures and board-level communications will serve as key defense evidence, say attorneys at Akerman.

  • Where The Preemption Fight Over Prediction Markets Stands

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    While the Third Circuit's recent ruling in Kalshi v. Flaherty remains a significant win for the federal government in its quest to regulate prediction markets, the Fourth, Sixth and Ninth Circuits appear more skeptical, indicating that this fight is likely headed for the Supreme Court, says Johnny ElHachem at Holland & Knight.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

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