Fintech

  • June 24, 2026

    FTX Exec's Wife Gets Trial Date In Campaign Finance Case

    A Manhattan federal judge Wednesday scheduled a November trial for crypto-lobbyist Michelle Bond, as she seeks to beat charges alleging she agreed with her husband, jailed former FTX executive Ryan Salame, to take illegal campaign cash from the bankrupt exchange.

  • June 23, 2026

    Solmate Board Enriched Itself, Duped Shareholders, Suit Says

    The single largest outside shareholder of crypto treasury company Brera Holdings, which does business as Solmate Infrastructure, has filed suit against the company's board of directors, accusing them in New York state court of brokering "self enriching agreements" to the detriment of shareholders.

  • June 23, 2026

    Feds' Capital Revamp Has A Dodd-Frank Problem, Critics Say

    Big banks are broadly pleased with a draft capital-rule overhaul that federal regulators project would deliver the biggest capital relief in a generation, but critics say it rests on shaky legal ground that the banking agencies have "astoundingly" ignored.

  • June 23, 2026

    SEC Urged To Adopt CAT To Fix Market Surveillance Tool

    The national stock exchanges that run a key market surveillance tool have told the U.S. Securities and Exchange Commission there is "no realistic fallback" that could replace the tool as the SEC looks for ways to trim the tool's budget, but some are urging the agency to take over funding and ownership of the database known as the consolidated audit trail. 

  • June 23, 2026

    Circle Says It's Not Liable To Crypto Users For Drift Hack

    Circle Internet Group urged a Massachusetts federal court to toss a suit from crypto users accusing the stablecoin issuer of failing to act when $280 million in digital assets was drained from crypto project Drift Protocol in an April Fools' Day exploit, arguing that accusations of inaction are insufficient to support the claims.

  • June 23, 2026

    Voyager Investors Appeal Toss Of Mark Cuban Crypto Case

    Investors of collapsed cryptocurrency brokerage Voyager Digital on Tuesday told a Florida federal judge they are challenging his order dismissing their claims against Mark Cuban and the Dallas Mavericks and his ruling denying the transfer of the case to Texas.

  • June 23, 2026

    SEC Sends E-Delivery Proposal To White House

    The U.S. Securities and Exchange Commission could soon put forth a proposal amending the rules for providing electronic statements to investors, following recent comments from SEC Chair Paul Atkins that changes to the opt-in model are "long overdue."

  • June 23, 2026

    Fintech Firm Advent Software Hits Advent AI With TM Claims

    Fintech firm Advent Software hit artificial intelligence firm Advent AI with a trademark infringement suit, saying the similarities in the names of the two companies lead to consumer confusion.

  • June 22, 2026

    Cuomo To Lead OKX-NYSE Parent Crypto Joint Venture

    Former New York Gov. Andrew Cuomo will co-chair a joint venture between cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange, a partnership aimed at developing infrastructure for "tokenized and digitally native financial products," according to an announcement made Monday.

  • June 22, 2026

    Dentons Adds Ex-Yuga Labs Legal Chief To Corporate Team

    The former chief legal officer of Yuga Labs has joined Dentons as a partner in the firm's corporate practice, where he will advise technology companies, investors and financial institutions in the fintech, digital asset and artificial intelligence spaces.

  • June 22, 2026

    CFTC Seeks Input On Energy Perpetual Contracts, 24/7 Trading

    The U.S. Commodity Futures Trading Commission is asking for public input on how it should address around-the-clock trading and perpetual contracts in the energy industry, asking how the industry developments could impact the price of commodities like crude oil.

  • June 22, 2026

    OCC Pitches Anti-Illicit Finance Rules For Stablecoin Issuers

    The Office of the Comptroller of the Currency issued a plan Monday to implement Bank Secrecy Act and sanctions compliance standards for stablecoin issuers, folding in a past plan from Treasury Department regulators and marking the latest regulatory proposal under the federal stablecoin framework known as the Genius Act.

  • June 22, 2026

    Bitcoin Miner Hut 8, Investors Ink $2.3M Merger Settlement

    A proposed class of investors in Hut 8 Corp. has reached a $2.3 million settlement with the bitcoin miner to resolve claims that it overpaid for a company with severe operational issues and misled investors about energy and connectivity failures at a Texas facility that was part of the merger.

  • June 22, 2026

    SEC Signals Interest In Novel ETF Rulemaking

    The U.S. Securities and Exchange Commission could soon ask the public what it thinks about new types of exchange-traded funds that some companies have proposed, potentially moving a step closer to writing rules for the fund industry as prediction market ETFs await the agency's approval.

  • June 21, 2026

    DC Circ. Sends CFPB Layoff Fight Back To District Court

    The D.C. Circuit has declined to give the Trump administration an immediate green light for a plan to lay off around half of the Consumer Financial Protection Bureau's remaining workforce, instead handing it off for a Washington, D.C., federal judge to review first.

  • June 18, 2026

    Cere Execs Look To Arbitrate $100M Crypto Network Suit

    A co-founder of cryptocurrency-associated data cloud platform Cere Network is seeking to compel arbitration in a case before a California federal judge over a purported cryptocurrency fraud scheme that sold about $41 million in Cere tokens on exchanges and misappropriated investor funds.

  • June 18, 2026

    Bitcoin Thief Tells 2nd Circ. Resentence Violates Constitution

    Counsel for a convicted Florida bitcoin fraudster who was sentenced to 12 years in prison for failing to pay over $20 million in restitution stemming from his role in a crypto heist on Thursday told the Second Circuit that the lower court's resentencing trampled on the constitutional rights of her client, who "never got due process at any stage."

  • June 18, 2026

    Payment Co. Marqeta And Investors Ink $13M Deal

    Card issuing and transaction processing company Marqeta Inc. has reached a $13 million deal with shareholders that would end claims it concealed the effects that heightened regulatory scrutiny of its small bank partners would have on the growth of its business.

  • June 18, 2026

    Bank Regulators Float Joint Stablecoin Customer ID Rule

    Banking regulators Thursday collectively proposed customer identification standards for stablecoin issuers in a joint rulemaking under the federal stablecoin framework, the Genius Act.

  • June 18, 2026

    SEC, CFTC Could Change Dodd-Frank Swap Rules

    The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission indicated Thursday they are preparing to change the definition of "swap" to "address longstanding ambiguities" that the agencies said have existed since the Dodd-Frank Act was adopted in 2010.

  • June 18, 2026

    'Bitcoin Rodney' Admits To Role In $1.8B HyperFund Scheme

    A Miami resident who goes by "Bitcoin Rodney" pled guilty to his role promoting a cryptocurrency fraud scheme that prosecutors alleged defrauded $1.8 billion from investors of the cryptocurrency project HyperFund, federal prosecutors in Maryland have announced.

  • June 18, 2026

    Blackstone's LivCor Cuts $7M Rent-Fixing Deal With 9 States

    Blackstone subsidiary LivCor LLC has agreed to pay North Carolina, California and seven other states $7 million in penalties to resolve allegations against it in a sprawling antitrust lawsuit alleging major landlords used software company RealPage to fix rent prices, according to documents filed in North Carolina federal court Thursday.

  • June 18, 2026

    Skadden, Troutman Lead First Carolina Bank's $69M IPO

    First Carolina Financial Services, a community bank with branches in several southeastern states, began trading its shares on Thursday after pricing a $69 million initial public offering below its target range, guided by Skadden Arps Slate Meagher & Flom LLP and underwriters' counsel Troutman Pepper Locke LLP.

  • June 18, 2026

    Kalshi Urges 6th Circ. To Keep Tenn. Sports Contracts Online

    Kalshi has asked the Sixth Circuit to ensure that its sports contract offerings remain online in Tennessee while a lawsuit over their legality proceeds, once again drawing a bright line between its services and conventional sports betting.

  • June 18, 2026

    DeepSeek's Valuation Soars To $50B, Plus More Rumors

    Artificial intelligence company DeepSeek hit a $50 billion valuation following its latest funding round, the original backers of artificial intelligence company Manus are planning to buy the company back from Meta, and private equity shop KKR wants to buy a majority stake in the Indian business of Sweden's Medicover for at least $1 billion.

Expert Analysis

  • 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.

  • Binance Win Shows Constraints On Anti-Terrorism Act Claims

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    The Southern District of New York's recent ruling in Troell v. Binance illustrates that the Second Circuit's earlier decision in Ashley v. Deutsche Bank is holding weight with courts, and companies facing aiding and abetting risk should thus monitor evolving case law and assess exposure based on nexus allegations, say attorneys at Freshfields.

  • Understanding The Insider Trading Gap In Prediction Markets

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    While the first-ever insider trading indictment involving a prediction market — the recent prosecution of a service member involved in the capture of Nicolás Maduro — comprised extreme facts and straightforward legal theories, future cases will test the bounds of insider trading law, say attorneys at Baker McKenzie.

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