Tornado Cash Jury Still Out, SEC Leader Backs Privacy Tech

By Stewart Bishop

Jury deliberations in the money laundering and sanctions trial of Tornado Cash co-founder Roman Storm continued Tuesday with no verdict, one day after a top securities regulator championed the legitimacy of privacy-protecting technologies, much like defense claims about the cryptocurrency tumbler.

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Ghislaine Maxwell Slams Feds' Bid To Unseal Grand Jury Docs

By Lauren Berg

Ghislaine Maxwell, who is serving a 20-year prison sentence for trafficking children for late sex offender Jeffrey Epstein, urged a New York federal judge Tuesday to deny the government's bid to unseal grand jury transcripts, saying release of the sealed materials could jeopardize the appeal of her 2021 conviction.

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Feds Charge 2 With Shipping Nvidia AI Chips To China

By Bonnie Eslinger

Two Chinese nationals residing in California were charged with using a company they founded to unlawfully export microchips used in AI applications worth "tens of millions of dollars" to China in violation of the Export Control Reform Act, the U.S. Department of Justice announced Tuesday.

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SEC Fines Platform Founder $10M Over Crypto-Backed Scam

By Jessica Corso

The owner of a shuttered lending platform has agreed to pay over $10 million to end a U.S. Securities and Exchange Commission case accusing him of defrauding customers by using their money to buy millions of dollars' worth of TerraUSD before the stablecoin collapsed.

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Trump-Tied SPAC Exec Rips SEC Suit After Deal Talks Fizzle

By Katryna Perera

The former CEO of the special-purpose acquisition company that took President Donald Trump's social media platform public has renewed his bid to dismiss the U.S. Securities and Exchange Commission's suit alleging he failed to timely alert investors to the prospective deal after settlement talks broke down.

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States Push DOJ To Crack Down On Illegal Offshore Gambling

By Elaine Briseño

Attorneys general from several states have written a letter asking the U.S. Department of Justice to target the "rampant spread" of illicit offshore online sports betting and gambling operations, which they say are harming United States citizens and depriving states of tax revenue.

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Shuttered NJ Importer Pleads Guilty To Hiding AC Fire Risks

By Carla Baranauckas

A defunct New Jersey importer of consumer appliances pled guilty on Tuesday to one count of willfully violating the Consumer Product Safety Act for its failure to report dangerous defects in more than 33,000 portable air conditioners that have been linked to more than 40 fires and one death, the U.S. Department of Justice announced.

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Lottery.com SPAC Exec Wants Info From California Fraud Case

By Pete Brush

A Manhattan federal judge said Tuesday that he will weigh a request by a special purpose acquisition company CEO accused of fraud in a merger involving Lottery.com Inc. to have New York prosecutors provide discovery from a California criminal case.

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Ex-ComEd Lobbyist Gets 1 Year For Masking Madigan Bribes

By Celeste Bott

A former lobbyist for Commonwealth Edison was sentenced to a year and a day in prison Tuesday for allowing his lobbying firm to serve as a pass-through for the utility to pay associates of ex-Illinois House Speaker Michael Madigan for little to no work, as it sought his support for favorable energy legislation.

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2nd Circ. Nixes Madoff Feeder Fund Clawback Suits

By Ben Zigterman

About 300 clawback lawsuits filed by the liquidators of British Virgin Islands-based funds that invested in Bernard L. Madoff Investment Securities should be dismissed, a Second Circuit panel said on Tuesday, finding the deals were protected by the U.S. Bankruptcy Code's safe harbor for securities transactions.

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Binance Founder Seeks Exit From FTX $1.76B Clawback Suit

By Sydney Price

Former Binance CEO Changpeng Zhao asked a Delaware bankruptcy judge to dismiss him from a clawback suit filed by the estate of bankrupt crypto exchange FTX seeking to recover $1.76 billion it says FTX illegally transferred before its collapse two years ago, saying the transaction was outside the court's jurisdiction.

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Disbarred North Carolina Atty Admits To Wire Fraud Scheme

By Hayley Fowler

A disbarred lawyer in North Carolina has copped to criminal wire fraud charges stemming from the misuse of his trust account after federal prosecutors said he used escrow funds earmarked for the sale of personal protective equipment to pay back another company.

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The Int'l Compliance View: Everything Everywhere All At Once

Changes to the enforcement landscape in the U.S. and abroad shift the risks and incentives for global compliance programs, creating a race against the clock for companies to deploy investigative resources across worldwide operations, say attorneys at Dentons.

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Opinion

Budget Act's Deduction Limit Penalizes Losing Gamblers

A provision in the One Big Beautiful Bill Act that reduces the deduction for gambling losses is unfair to professional and recreational players, risks driving online activity to offshore sites, and will set back efforts to legalize and regulate the industry, says Walter Bourdaghs at Kang Haggerty.

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Opinion

The Legal Education Status Quo Is No Longer Tenable

As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.

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Law, Medical School Orgs Face Application Fee Antitrust Suits

By Gina Kim

The Law School Admission Council and the Association of American Medical Colleges have each been hit with a proposed class action in Pennsylvania and D.C. federal courts, respectively, by candidates who said the nonprofits conspired with their member schools to charge excessive application fees that have been fixed at the same price regardless of the school.

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Judge Mulls Sanctioning Hagens Berman In Thalidomide Suits

By Lauren Berg

The Pennsylvania federal judge presiding over dozens of product liability actions against manufacturers of the morning sickness drug thalidomide Tuesday ordered Hagens Berman Sobol Shapiro LLP to explain why it shouldn't be sanctioned for allegedly conducting "grossly inadequate" pre-suit inquiries, obstructing discovery and doctoring evidence.

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Analysis

Tesla Verdict Could Embolden Plaintiffs With Similar Claims

By Carolina Bolado

The $329 million verdict handed down by jurors in Miami on Friday over a fatal Florida Keys crash is the first to find Tesla's autopilot defective and will likely embolden other plaintiffs with similar claims to take them to trial, personal injury attorneys told Law360.

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Analysis

A Free Exercise 'Blueprint' In Colo. Abortion Reversal Order

By Mark Payne

A Colorado federal judge's decision to allow medication abortion "reversals" on free exercise grounds could serve as a model for other lawsuits meant to legitimize a practice that is outside the standard practice of medicine.

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Law Profs Urge 11th Circ. To Toss Judge-Shopping Sanctions

By Madison Arnold

A group of seven law school professors is urging the Eleventh Circuit to toss a sanctions ruling against three attorneys for judge shopping, arguing that federal law does not forbid the practice and citing the "potentially chilling effect the order will have on counsel, especially those involved in pro bono representation."

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OptumRx Urges Panel To DQ Motley Rice In LA Opioid Suit

By Craig Clough

OptumRx told a California appellate panel Tuesday that Motley Rice should be disqualified from representing Los Angeles County in a lawsuit alleging it colluded with drugmakers to fuel the opioid crisis, saying the firm violated state law by using confidential information obtained in the case in other lawsuits it's handling against Optum.

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Feature

Meet FDA Chief Counsel Sean Keveney

By Dan McKay

The new top attorney at the U.S. Food and Drug Administration, described as a "tremendous technical lawyer," rose through the ranks as a federal prosecutor before helping lead President Donald Trump's confrontation with elite universities this year.

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5th Circ. Says Texas Voter ID Law Is Legally Sound

By Spencer Brewer

A Fifth Circuit panel upheld a Texas law that requires voters to provide an identification number when voting by mail, finding the law complies with the Civil Rights Act and that the state designed it to combat mail-in ballot fraud.

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Ex-USPTO Heads, Judges Oppose Anti-Patent Thicket Bill

By Elliot Weld

A pro-innovation group composed of former U.S. Patent and Trademark Office officials and former Federal Circuit judges on Tuesday asked Congress to oppose a bill introduced last month that would limit so-called patent thickets used by pharmaceutical companies to restrict the production of generic counterparts to their drugs.

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Analysis

Medicaid Cuts May Worsen Incarceration-Linked Death Risks

By Hannah Albarazi

A new public health investigation reveals an association between incarceration and elevated risk of early death, not only for people who have been behind bars but for entire communities. Experts caution that impending disinvestment in Medicaid could worsen outcomes in vulnerable populations.

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Ex-Patent Examiner Fights USPTO Exclusion At High Court

By Adam Lidgett

A former U.S. Patent and Trademark Office examiner wants the U.S. Supreme Court to review his exclusion from practicing before the agency, saying the justices should look at issues relating to a suspension he received and also federal civil rights protections.

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Approach The Bench: Justice Wecht On Judicial Campaigns

By Cara Bayles and Steven Trader

If running for judicial office often requires walking the line of being a sitting jurist and a politician, Pennsylvania Supreme Court Justice David Wecht is no stranger to that tightrope.

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