Fintech

  • December 08, 2025

    SEC Nabs $7M Fraud Judgment Against Titanium Blockchain

    The U.S. Securities and Exchange Commission has secured a more than $7 million final judgment against Titanium Blockchain Infrastructure Services Inc. in a securities fraud suit, more than three years after the founder and CEO of the purported cryptocurrency investment platform pled guilty to his involvement in a related $21 million initial coin offering scheme.

  • December 08, 2025

    Barclays Accused Of 'Vague' Account Closure Notifications

    A Barclays PLC subsidiary was hit Sunday with a proposed customer class action in California federal court accusing it of illegally shutting down accounts and providing only vague explanations for the closures, allegations that echo claims of so-called debanking that have been in the national spotlight.

  • December 08, 2025

    Judge Backs Cutting $800M In FTX Ch. 11 Claims

    A federal appellate judge has upheld the Delaware bankruptcy court's decision to pay out almost nothing on $800 million in claims against collapsed cryptocurrency exchange FTX, agreeing with the bankruptcy judge that the crypto assets tied to those claims were essentially worthless.

  • December 08, 2025

    Insurer Can't Shake Fintech Co.'s Data Breach Coverage Suit

    An insurer can't escape a financial technology company's suit seeking coverage for losses stemming from a 2024 data breach caused by its former CEO, a Florida federal court ruled, finding that the company adequately pled a claim for breach of contract.

  • December 08, 2025

    Crypto Project Ondo Finance Says SEC Closed Inquiry

    Ondo Finance said Monday that the U.S. Securities and Exchange Commission has ended an investigation into the crypto project without filing any claims, following similar announcements from multiple other crypto firms coinciding with the change of presidential administration earlier this year.

  • December 08, 2025

    Borrower's Class Suit Says Tribal Lender's Rates Are Usurious

    A tribal lending entity accused of charging customers illegal interest rates ranging from about 500% to 700% does not have any legitimate connection to a Native American tribe, a proposed class has claimed in Kentucky federal court.

  • December 05, 2025

    Fed Can Fund CFPB Under Trump Admin's Terms, Court Told

    A group of former Federal Reserve officials told a Washington, D.C., federal judge on Friday that the Trump administration is wrong to claim the central bank both needs and lacks profits right now to keep the Consumer Financial Protection Bureau up and running.

  • December 05, 2025

    Virtual Asset Fund Sues Game Dev Over Delays, NFT Fraud

    An investment fund specializing in virtual "real estate" has accused a game developer of violating securities laws and breaching an agreement by failing to timely deliver an unregistered NFT associated with its unreleased game.

  • December 05, 2025

    Feds Seek 12 Years For Founder's 'Devastating' Crypto Fraud

    Federal prosecutors say Terraform founder Do Kwon should face 12 years in prison, arguing that he "fled from the wreckage" after misleading investors ahead of a $40 billion collapse of his stablecoin crypto project.

  • December 05, 2025

    NJ Judge Signs Off On $13M BlockFi Settlement

    A New Jersey federal judge Friday gave final approval to a $13.2 million settlement with investors seeking damages for their business with the failed cryptocurrency lender BlockFi Inc., awarding $10,000 to each lead plaintiff.

  • December 05, 2025

    Linqto Gets OK To Take Votes On Ch. 11 Plan With Stock Deal

    A Texas bankruptcy judge Friday allowed investment platform Linqto to solicit votes from creditors on its Chapter 11 plan, saying potential issues with the debtor's third-party releases and challenges to the deal by investors could be considered during a confirmation hearing.

  • December 05, 2025

    OCC, FDIC Scrap Obama-Era Leveraged Lending Guidance

    The Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. on Friday formally withdrew from Obama-era guidance that sought to tighten bank leveraged lending standards, a policy that banks argued hamstrung them against nonbank rivals.

  • December 05, 2025

    Biz Didn't Own Patent, Judge Rules, Sinking Suit Against Bank

    A Texas federal judge has ruled that a patent-holding company did not actually own a patent it was asserting against a Canadian bank since the agreement transferring the patent rights to it was void as a matter of law, dismissing the company's allegations of infringement.

  • December 05, 2025

    Nickel For Your Thoughts? Dems Want Plan For Ending Penny

    Top Democrats on banking and financial services committees are claiming the Trump administration has not formulated a sufficient plan for the transition away from the penny and are asking for a public plan by Dec. 12.

  • December 05, 2025

    Judge Denies Firms' Bid To Clarify CFPB's MoneyLion Deal

    A New York federal judge has denied a request by consumer advocate law firms to add clarifying language to the Consumer Financial Protection Bureau's recently approved $1.75 million settlement with MoneyLion Technologies Inc., noting that the advocates did not seek to intervene in the suit and that the CFPB and MoneyLion both oppose the request.

  • December 04, 2025

    Crypto Investors Fight To Revive Ripple Suit At 9th Circ.

    A certified class of investors urged the Ninth Circuit on Thursday to revive allegations Ripple Labs violated securities laws through unregistered sales of digital-token XRP, arguing the lower court misapplied the Ninth Circuit's SEC v. Murphy precedent in granting Ripple summary judgment under a three-year statute of repose.

  • December 04, 2025

    Citadel Securities Sparks Crypto Clash Over DeFi Exemptions

    Citadel Securities ignited debate with crypto advocates this week when it told the U.S. Securities and Exchange Commission that decentralized finance projects dealing in tokenized securities should broadly be subject to the same obligations as traditional exchanges and broker-dealers.

  • December 04, 2025

    1st Spot Crypto Market To Launch Amid CFTC 'Crypto Sprint'

    Derivatives exchange Bitnomial said Thursday it is poised to launch the first spot crypto exchange regulated by the U.S. Commodity Futures Trading Commission, with guidance from Katten Muchin Rosenman LLP.

  • December 04, 2025

    SEC Investor Panel Presses For Corporate AI Disclosures

    A U.S. Securities and Exchange Commission working group is urging the agency to adopt regulations that could standardize the way publicly traded companies report the way they use artificial intelligence, arguing Thursday that investors are not always being kept informed about the risks of the technology.

  • December 04, 2025

    Solmate To Acquire RockawayX, Creating 'Crypto Giant'

    Solmate Infrastructure, formerly known as Irish sports ownership holding company Brera Holdings, announced Thursday it has entered into a business combination with the blockchain arm of venture capital firm Rockaway Capital, RockawayX.

  • December 04, 2025

    Squires Clarifies Points On Patent Eligibility Declarations

    U.S. Patent and Trademark Office Director John Squires is reminding applicants that they can file declarations explaining why their patents are eligible under Section 101 of the Patent Act and that examiners need to consider them when filed. 

  • December 04, 2025

    Kalshi Sues Conn. Over Online Gambling Enforcement Case

    Derivatives exchange KalshiEX LLC has sued the Connecticut Department of Consumer Protection and its leaders over a cease-and-desist order issued by the department directing Kalshi to stop operations within the state.

  • December 04, 2025

    Gov't Watchdog To Probe FHFA Mortgage Fraud Referrals

    The Government Accountability Office will review whether Federal Housing Finance Agency Director William Pulte weaponized mortgage fraud investigations against the president's perceived political opponents and flouted the agency's typical investigation process.

  • December 04, 2025

    Ex-Trader's Suit Accusing Rival Of Spoofing Tossed For Good

    An Illinois federal judge Thursday dismissed with prejudice a lawsuit accusing a trading firm of spoofing U.S. Treasury markets by placing orders for Treasury instruments it never intended to fill, finding the claims barred because they've already been deemed untimely in a Chicago Mercantile Exchange arbitration.

  • December 04, 2025

    11th Circ. Won't Rehear NCR Corp. Compensation Fight

    The Eleventh Circuit denied on Wednesday software company NCR Corp.'s request to rehear a case in which the court ruled that the company cannot issue lump-sum payments to deferred compensation plan participants as alternatives to promised life annuities.

Expert Analysis

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • A Look At State AGs' Focus On Earned Wage Products

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    Earned wage products have emerged as a rapidly growing segment of the consumer finance market, but recent state enforcement actions against MoneyLion, DailyPay and EarnIn will likely have an effect on whether such products can continue operating under current business models, say attorneys at Quinn Emanuel.

  • Digital Asset Treasury Trend Signals Wider Crypto Embrace

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    While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • What To Note In OCC, FDIC Plan To Standardize Supervision

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    The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp.'s recent proposals to standardize the meaning of "unsafe or unsound practice" and revise the process for issuing matters requiring attention could significantly narrow the scope of activities that spawn enforcement actions, says Brendan Clegg at Luse Gorman.

  • How The SEC May Overhaul Its Order Protection Rule

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    Attorneys at Skadden trace the evolution of the controversial Rule 611 of Regulation National Market System, examine the current debate surrounding its effectiveness, and consider how the U.S. Securities and Exchange Commission's emerging Project Crypto initiative could reshape Regulation NMS for a tokenized, on-chain market environment.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Post-Genius Landscape Reveals Technical Stablecoin Hurdles

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    The Genius Act's implementation has revealed challenges for mass stablecoin adoption, but there are several factors that stablecoin issuers can use to differentiate themselves and secure market share, including interest rate, liquidity, and safety and security, say attorneys at Olshan Frome.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • What May Be Ahead In Debanking Enforcement

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    President Donald Trump's executive order on politicized or unlawful debanking has spurred a flurry of activity by the federal banking regulators, so banks should expect debanking-related complaints submitted by consumers to increase, and for federal regulators to look for more enforcement opportunities, say attorneys at Bradley Arant.

  • SEC Crypto Custody Relief Offers Clarity For Funds

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    A recent U.S. Securities and Exchange Commission staff letter supplies a workable path for registered investment advisers and funds seeking to offer crypto custody services by using state trust companies, and may portend additional useful guidance regarding crypto custody, say attorneys at Morgan Lewis.

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