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Fintech
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November 26, 2025
Robinhood, Susquehanna Eye Prediction Market Expansion
Robinhood Markets is planning to beef up its prediction market offerings by partnering with Susquehanna International Group to acquire and stand up a regulated derivatives exchange and clearinghouse.
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November 26, 2025
Justices Delay Copyright Chief Case Until FTC Firing Decision
The U.S. Supreme Court said it will defer ruling on whether the Trump administration's firing of the U.S. Copyright Office leader was legal until the justices resolve cases involving the terminations of a Democratic Federal Trade Commission member and Federal Reserve Gov. Lisa Cook.
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November 26, 2025
Kalshi Challenges Nev. Order Nixing Sports Contract Shield
Kalshi has asked the Ninth Circuit to weigh in on a Nevada federal judge's decision to vacate an earlier order shielding the trading platform's sports event contracts from the state's gaming regulators.
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November 26, 2025
Switzerland Delays Crypto Info Swaps With Tax Authorities
Switzerland will not automatically exchange information on cryptocurrency accounts with foreign tax authorities until at least 2027, although rules governing the exchanges are being adopted into law, the country's executive branch said Wednesday.
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November 26, 2025
Coinbase Insiders Sued In Del. For Billions After Hack Losses
Stockholders of Coinbase Global Inc. have again sued the crypto giant in Delaware's Court of Chancery, in a second derivative suit seeking recoveries for billions in alleged inside trading by fiduciaries of the now-Texas-chartered company and claiming multiple failures to prevent high-risk customer actions.
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November 25, 2025
MoonPay Secures NY Trust Charter For Crypto Custody
Cryptocurrency firm MoonPay announced Tuesday that New York State Department of Financial Services has given it the green light to provide crypto custody and over-the-counter trading services as a New York limited purpose trust company.
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November 25, 2025
Bitcoin Depot Unit Hit With $18.5M Arbitration Award
The parent of a Canadian company that develops software allowing global network users to deposit cash for Bitcoin or exchange Bitcoin for cash said its subsidiary was hit with an $18.47 million arbitral award in a dispute with a bankrupt operator of cryptocurrency ATMs.
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November 25, 2025
Nev. Judge Denies Robinhood's Bid To Shield Event Contracts
A Nevada federal judge declined to bar the state's gaming regulators from taking action over Robinhood's sports wagers for now in a Tuesday order that marked U.S. District Judge Andrew P. Gordon's second refusal to shield an event contract offering despite previously granting the relief to Kalshi.
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November 25, 2025
Feds Advance Plans To Dial Back Leverage Capital Rules
Federal regulators on Tuesday signed off on changes that will ease a key capital backstop for the biggest banks and unveiled a separate proposal to relax a simplified, optional capital standard for smaller banks.
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November 25, 2025
Binance Faces New Terror Funding Suit From Oct. 7 Victims
More than 300 survivors and family members of those harmed in the Oct. 7 attacks on Israel are suing cryptocurrency exchange Binance and its leadership for "knowingly, willfully, and systematically" assisting the groups that planned the attacks by concealing the movement of $1 billion.
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November 25, 2025
Bridgepoint Buys Majority Stake In Crypto Audit Firm
Middle-market private equity firm Bridgepoint Group, led by Cleary Gottlieb Steen & Hamilton LLP, on Tuesday revealed plans to take a majority stake in British digital asset assurance and technology solutions provider ht.digital, led by Dentons.
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November 25, 2025
Goldstein Asks 4th Circ. To Undo Pretrial Rulings
SCOTUSblog co-founder Tom Goldstein is appealing a series of rulings from a Maryland federal judge denying his bid to toss five of the 22 federal tax charges he's slated to stand trial for next year.
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November 24, 2025
Digital-Focused SWB To Go Public Via $8.1B SPAC Merger
Financial services firm SWB announced Monday that it plans to go public through an $8.1 billion business combination deal shepherded by teams at Sichenzia Ross Ference Carmel LLP and Ellenoff Grossman & Schole LLP, which will lay the foundation for the firm's plans to issue a stablecoin and launch a novel international bank.
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November 24, 2025
CFPB Union Asks Court To Neutralize Fed Funding Block
The federal labor union suing over the dismantling of the Consumer Financial Protection Bureau has asked a Washington, D.C., federal judge to rule that the Trump administration may not shut down the agency simply by refusing to replenish its Federal Reserve funding.
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November 24, 2025
Crypto Cos. Seek OK Of $2.5M Iceland Mining Facility Award
Two cryptocurrency companies have asked a New York federal court to enforce an approximately $2.5 million arbitral award against a project finance advisory firm in their contract dispute over investments in an Icelandic crypto mining facility.
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November 24, 2025
Ex-US Bank Team Seeks Charter For 'Digital First' Valt Bank
A proposed digital bank built by a group of former U.S. Bank employees has filed for a national charter with the help of its Otteson Shapiro counsel to offer both traditional banking and advisory services aimed at "digitally oriented" businesses.
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November 24, 2025
Justices Won't Hear Suit Over Trump's NCUA Firings, For Now
The U.S. Supreme Court said Monday that it won't immediately take up a challenge to President Donald Trump's removal of two National Credit Union Administration board members, turning down a request to hear the case alongside its review of his power to fire Federal Trade Commission members.
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November 24, 2025
Fintech CEO Sues To Block SEC Case Filed Amid Shutdown
The founder of Triterras Fintech has hit back against the U.S. Securities and Exchange Commission in D.C. federal court, alleging the agency violated the Anti-Deficiency Act by continuing its investigation of him and filing a fraud lawsuit during the government shutdown.
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November 24, 2025
Smith Ventures, CommerceOne Buy Fintech Biz In $1.1B Deal
Fintech company Green Dot Corp. on Monday announced that it has agreed to be bought by Smith Ventures and CommerceOne Financial Corp. in deals that total $1.1 billion and were built by three law firms.
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November 24, 2025
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court last week delivered a packed mix of fraud allegations, merger fallout, corporate-governance reforms and jurisdictional fights, while a new academic report ignited debate over attorney fee awards in Delaware's influential corporate forum.
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November 24, 2025
Revolut Clinches $75B Valuation In Latest Share Sale
International digital bank Revolut said Monday that it has reached a valuation of $75 billion after completing a share sale which involved investors including U.S. firm Coatue Management LLC and chips behemoth Nvidia.
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November 21, 2025
CFPB Inks $1.75M MoneyLion Deal Over Military Lending
The Consumer Financial Protection Bureau reached a $1.75 million settlement with MoneyLion Technologies Inc. to end a Biden-era enforcement action in New York federal court that accused the fintech lender of overcharging military service members.
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November 21, 2025
Kalshi-Type Cos. Flout Laws, Calif. Tribe Org. Tells CFTC Nom
The California Nations Indian Gaming Association on Friday called on U.S. Commodity Futures Trading Commission head nominee Michael Selig to shut down sports events contracts on prediction platforms like Kalshi, saying platforms are "exploiting a regulatory vacuum" to violate federal, state and tribal laws and the commission's own regulations.
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November 21, 2025
Bankers Press Congress To Pass 'Critical' AML Reporting Bill
The American Bankers Association and 50 state bankers groups are urging congressional leaders to pass proposed legislation to increase dollar thresholds for anti-money laundering reporting, saying it would be a "critical element" of modernizing illicit finance rules for banks.
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November 21, 2025
Chancery Tosses Suit, $32.7M Bitcoin Co. Insurance Claim
A bitcoin mining support venture on Friday lost a Delaware Court of Chancery suit seeking damages tied to allegations it was misled by an insurer's purported promises to pay out up to $32.7 million in customer returns on nearly $7 million in investments.
Expert Analysis
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Parenting Skills That Can Help Lawyers Thrive Professionally
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.
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Series
Teaching Trial Advocacy Makes Us Better Lawyers
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.
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What New CFPB Oversight Limits Would Mean For 4 Markets
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.
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MIT Bros.' Crypto Charges Provide Fraud Test Case For Gov't
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.
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Potential Paths To Modernizing The Bank Secrecy Act
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.
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9th Circ. Finding That NFTs Are Goods Will Change TM Law
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.
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Series
Adapting To Private Practice: From Texas AUSA To BigLaw
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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3 Rulings Show Hurdles To Proving Market Manipulation Fraud
Three recent conviction reversals from New York federal courts highlight the challenges that prosecutors face in establishing fraud and market manipulation allegations, suggesting that courts are increasingly reluctant to find criminal liability when novel theories are advanced, say attorneys at WilmerHale.
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Advice For 1st-Gen Lawyers Entering The Legal Profession
Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.
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Untangling 'Debanking' Exec Order And Ensuing Challenges
President Donald Trump's recent executive order on the practice of closing or refusing to open accounts for high-risk customers has heightened scrutiny on "debanking," but practical steps can help financial institutions reduce the likelihood of becoming involved in investigations, say attorneys at Winston & Strawn.
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What FDIC's Asset Threshold Raise Would Mean For Banking
If the Federal Deposit Insurance Corp. goes through with its plan to raise asset thresholds that determine regulatory intensity, it could free billions in compliance costs and bolster regional and community banks, but risk of oversight gaps are making this a contested area in banking policy, says Jessica Groza at Kohr Jackson.
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Series
Coaching Cheerleading Makes Me A Better Lawyer
At first glance, cheerleading and litigation may seem like worlds apart, but both require precision, adaptability, leadership and the ability to stay composed under pressure — all of which have sharpened how I approach my work in the emotionally complex world of mass torts and personal injury, says Rashanda Bruce at Robins Kaplan.
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Series
Law School's Missed Lessons: How To Make A Deal
Preparing lawyers for the nuances of a transactional practice is not a strong suit for most law schools, but, in practice, there are six principles that can help young M&A lawyers become seasoned, trusted deal advisers, says Chuck Morton at Venable.
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Annual Report Shows CFIUS Extending Its Reach In 2024
The recently released 2024 annual report from the Committee on Foreign Investment in the United States reveals record civil penalties and enhanced internal capabilities, illustrating expanding jurisdiction and an increasing appetite for enforcement actions, says Nathan Fisher at StoneTurn.
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From Clerkship To Law Firm: 5 Transition Tips For Associates
Excerpt from Practical Guidance
Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.