Fintech

  • November 19, 2025

    Kalshi Says Sports 'Swaps' Not Bets In Bid To End Mass. Suit

    Prediction market KalshiEX asked a Massachusetts state court to throw out a suit by state regulators alleging that its sports "event contracts" are illegal gambling, saying the U.S. Commodity Futures Trading Commission has already given its imprimatur to the products.

  • November 19, 2025

    Samourai Wallet Tech Gets 4 Years In Crypto Laundering Case

    A Manhattan federal judge sentenced a self-taught coder who managed the day-to-day tech side of crypto mixer Samourai Wallet to four years in prison Wednesday, after he admitted that he knew the business facilitated bitcoin transfers derived from criminal activity.

  • November 19, 2025

    Crypto Exchange Kraken Files Confidential IPO Plans

    Crypto exchange Kraken said Wednesday that it has confidentially filed with the U.S. Securities and Exchange Commission for an initial public offering, hot off an $800 million funding round.

  • November 19, 2025

    MVP: Milbank's Joshua Sterling

    Josh Sterling of Milbank LLP helped secure the reversal of a U.S. Commodity Futures Trading Commission order barring political event contracts on a derivatives exchange and has represented exchange platform Kalshi in disputes with state regulators in New Jersey and Nevada, earning himself a spot among the 2025 Law360 Fintech MVPs.

  • November 19, 2025

    Trump's New Pick For CFPB Director Is OMB Energy Official

    President Donald Trump has tapped an energy official at the Office of Management and Budget to become permanent director of the Consumer Financial Protection Bureau, a key regulator whose future remains in doubt after months of turmoil and dwindling finances.

  • November 18, 2025

    Sick With Cancer, Jack Abramoff Avoids Jail In Crypto Fraud

    Disgraced Washington, D.C., lobbyist Jack Abramoff avoided a second stint in prison when a California federal judge sentenced him Tuesday to probation for his role in a cryptocurrency fraud, citing his cooperation with law enforcement and his stage-four cancer.

  • November 18, 2025

    Buyers Ask To Add 'Hawk Tuah' Influencer To Token Suit

    Buyers of the "Hawk Tuah" themed-meme coin want to expand their securities suit with new claims and defendants, including naming the social media star behind the viral phrase, Haliey Welch, as well as her managers.

  • November 18, 2025

    Crypto Scammer Admits Role In $263M RICO Conspiracy

    An eighth defendant has pled guilty to participating in a scam ring accused of stealing at least $263 million in cryptocurrency from victims across the U.S. to spend on high-priced goods, prosecutors said Tuesday.

  • November 18, 2025

    Fed Pushes To Shift Oversight Focus In Examiner Guidance

    The Federal Reserve shared new internal guidance Tuesday that directs its examiners to concentrate on material financial risks to banks and not get "distracted" by process concerns, deepening a policy shift that is drawing sharp rebuke from Fed Gov. Michael Barr.

  • November 18, 2025

    CFPB's Gradler Takes Deputy Post Amid Agency Uncertainty

    Geof Gradler, a former industry lobbyist who recently joined the Consumer Financial Protection Bureau's front office, said that he is taking over as the agency's deputy director, a job that positions him as a potential successor to acting director Russell Vought.

  • November 18, 2025

    JPMorgan Seeks Fast-Track End To Javice's Fee Advancement

    JPMorgan Chase & Co. asked the Delaware Chancery Court on Monday to cut off any more legal fee advancements to Charlie Javice, the convicted founder of college financial aid startup Frank, saying her demands for fees to appeal her criminal conviction "exceed any semblance of reasonableness."

  • November 18, 2025

    Crypto Co. Founder Charged In $10M Laundering Scheme

    A cryptocurrency exchange business founder was indicted for his alleged role in a $10 million money laundering conspiracy involving ATMs that converted U.S. dollars to virtual currency, often enabling illegal activities.

  • November 18, 2025

    Kraken Valued At $20B In Latest Funding Round

    Crypto exchange Kraken announced Tuesday it raised $800 million in a funding round that garnered a $200 million investment from Citadel Securities, valuing the crypto exchange at $20 billion.

  • November 18, 2025

    OCC Clears Banks To Hold Crypto For Blockchain Fees

    Banks may hold digital assets required to pay crypto transaction fees and test new crypto platforms, the Office of the Comptroller of the Currency confirmed in a Tuesday interpretive letter.

  • November 18, 2025

    IBM, Qualcomm Lead Public Cos. In Patented Inventions

    IBM Corp. holds the most patent families of all S&P 100 companies, followed by Qualcomm Inc. and Microsoft Corp., according to an IFI Claims Patent Services report released Tuesday.

  • November 18, 2025

    Judge Details Reasons For Goldstein's Pretrial Motion Losses

    A Maryland federal judge explained in further detail Tuesday her decision against SCOTUSblog co-founder Tom Goldstein on several motions seeking to trim his tax evasion case as it heads to trial next year.

  • November 18, 2025

    MVP: Davis Polk's Daniel P. Gibbons

    Daniel P. Gibbons of Davis Polk & Wardwell LLP's fintech practice helped spearhead Circle Internet Group Inc.'s upsized $1.2 billion initial public offering, which was the first IPO of a stablecoin issuer, earning him a spot as one of the 2025 Law360 Fintech MVPs.

  • November 18, 2025

    AI-Based Fintech Quantum Lending Secures $400M In Funding

    Artificial intelligence-based fintech Quantum Lending Solutions announced Tuesday that it wrapped a $400 million financing round, which will be used to help the firm continue growing out its lending infrastructure.

  • November 17, 2025

    Russia-Tied Payments Co. Escapes Investor Suit For Good

    Payments company Qiwi PLC no longer faces investor claims it hid its noncompliance with Russian financial regulation and hurt investors when the company disclosed that a Russian central bank audit had led to a fine and certain payments restrictions.

  • November 17, 2025

    Crypto.com Asks 9th Circ. To Shield Event Contracts In Nev.

    Crypto.com is appealing to the Ninth Circuit a judge's decision to not restrain Nevada's gaming regulators from taking action against the company over its sports event contracts.

  • November 17, 2025

    Fintech Ryvyl Gets First OK For Derivative Suit Deal

    Blockchain-based payment solutions company Ryvyl Inc. has reached a deal with its investors to settle their derivative claims that the company was damaged by an alleged concealment of accounting issues.

  • November 17, 2025

    Ill. OKs Next Step For LevelField's Crypto-Focused Bank Bid

    LevelField Financial Inc. announced Monday that an Illinois regulator has given it the green light for the next step of its planned acquisition of Burling Bank, furthering its plan to launch an insured bank that offers crypto services with the help of its acquisition counsel Hunton Andrews Kurth LLP.

  • November 17, 2025

    Feds Back IRS Agent Testimony In Goldstein Tax Case

    An Internal Revenue Service agent must be allowed to testify in Tom Goldstein's tax evasion case, the U.S. government said, arguing that the agent's testimony is relevant to proving willfulness in the tax crimes the U.S. Supreme Court attorney and SCOTUSblog publisher was charged with.

  • November 17, 2025

    MVP: Coinbase's Ryan VanGrack

    As Coinbase's global head of litigation, Ryan VanGrack has advanced the crypto exchange's "fight for crypto" on multiple fronts — including getting the U.S. Securities and Exchange Commission and state regulators to drop enforcement actions and lodging suits demanding transparency on regulators' past treatment of crypto — earning him a spot as one of the 2025 Law360 Fintech MVPs.

  • November 17, 2025

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court and Delaware Supreme Court last week had a dense slate of fiduciary duty battles, merger-process challenges, post-bankruptcy fights and a series of cases probing the limits of fraud pleading, credible-basis inspections and board-level disclosure duties.

Expert Analysis

  • How FDIC Appeals Plan Squares With Fed, OCC Processes

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    The Federal Deposit Insurance Corp.'s recent proposal to revise its appeals process merits a fresh comparison to the appeals systems of the Federal Reserve and Office of the Comptroller of the Currency, and would provide institutions with greater transparency and independence, say attorneys at Alston & Bird.

  • SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'

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    The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin.

  • Series

    Law School's Missed Lessons: Adapting To The Age Of AI

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    Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.

  • What To Expect As Trump's 401(k) Order Materializes

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    Following the Trump administration’s recent executive order on 401(k) plan investments in alternative assets like cryptocurrencies and real estate, the U.S. Department of Labor and the U.S. Securities and Exchange Commission will need to answer several outstanding questions before any regulatory changes are implemented, say attorneys at Cleary.

  • Demystifying The Civil Procedure Rules Amendment Process

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    Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.

  • Evaluating The SEC's Rising Whistleblower Denial Rate

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    The rising trend of U.S. Securities and Exchange Commission whistleblower award claim denials represents a departure from the SEC's previous track record and may reflect a more conservative approach to whistleblower award determinations under the current administration, say attorneys at Troutman Pepper.

  • State Crypto Regs Diverge As Federal Framework Dawns

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    Following the Genius Act's passage, states like California, New York and Wyoming are racing to set new standards for crypto governance, creating both opportunity and risk for digital asset firms as innovation flourishes in some jurisdictions while costly friction emerges in others, say attorneys at Sheppard Mullin.

  • Parenting Skills That Can Help Lawyers Thrive Professionally

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    As kids head back to school, the time is ripe for lawyers who are parents to consider how they can incorporate their parenting skills to build a deep, meaningful and sustainable legal practice, say attorneys at Alston & Bird.

  • Series

    Teaching Trial Advocacy Makes Us Better Lawyers

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    Teaching trial advocacy skills to other lawyers makes us better litigators because it makes us question our default methods, connect to young attorneys with new perspectives and focus on the needs of the real people at the heart of every trial, say Reuben Guttman, Veronica Finkelstein and Joleen Youngers.

  • What New CFPB Oversight Limits Would Mean For 4 Markets

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    As the Consumer Financial Protection Bureau continues to centralize its resources, proposals to alter the definition of larger market participants in the automobile financing, international money transfer, consumer reporting and consumer debt collection markets would reduce the scope of the bureau's oversight, say attorneys at Holland & Knight.

  • MIT Bros.' Crypto Charges Provide Fraud Test Case For Gov't

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    As U.S. v. Peraire-Bueno, involving cryptocurrency fraud charges against brothers who graduated from the Massachusetts Institute of Technology, moves forward after surviving a motion to dismiss, the case provides an early example of how the government might use the federal fraud statutes to regulate decentralized networks, say attorneys at ArentFox Schiff.

  • Potential Paths To Modernizing The Bank Secrecy Act

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    The Bank Secrecy Act's analog design has become increasingly incompatible with today's digital financial ecosystem, but legislative reforms, coupled with regulatory adjustments including updated thresholds, feedback mechanisms and innovation sandboxes, would help adjust the act to the unique challenges of modern technology, says Matthew Biben at King & Spalding.

  • 9th Circ. Finding That NFTs Are Goods Will Change TM Law

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    The Ninth Circuit's recent ruling in Yuga Labs v. Ripps establishes that NFTs have real, commercial value under U.S. federal trademark law, a new legal precedent that may significantly influence intellectual property enforcement and marketplace policies regarding digital assets going forward, say attorneys at Wilson Elser.

  • Series

    Adapting To Private Practice: From Texas AUSA To BigLaw

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    As I learned when I transitioned from an assistant U.S. attorney to a BigLaw partner, the move from government to private practice is not without its hurdles, but it offers immense potential for growth and the opportunity to use highly transferable skills developed in public service, says Jeffery Vaden at Bracewell.

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