Fintech

  • December 03, 2025

    Fee Dispute Stalls Rhodium Ch. 11 Plan

    Bitcoin miner Rhodium Encore's confirmation hearing will extend to a second day after a dispute over counsel fees for Lehotsky Keller Cohn LLP's work as special litigation counsel remained unresolved.

  • December 03, 2025

    Binance User Gets New Shot At Suit Over 1,400 Bitcoin Theft

    A Florida state appeals court Wednesday reversed the dismissal of a suit brought against Binance by a Dubai resident claiming the cryptocurrency exchange failed to take adequate steps to stop the theft of 1,400 bitcoin in a phishing scam.

  • December 03, 2025

    Mich. Judge Tosses Crypto Cos' $6.8M Travelers Fire Suit

    A Michigan federal judge on Wednesday dismissed a lawsuit from two cryptocurrency mining companies that alleged Travelers Insurance Co. and Northfield Insurance Co. exacerbated their building's fire loss through the claim handling process, finding the issues in this case were fully litigated in a separate action in which the insurance policy was deemed void.

  • December 03, 2025

    Jury Must Weigh 'Let's Go Brandon' Meme Coin Investor Suit

    An entity and individual associated with the "Let's Go Brandon" meme token can't beat a lawsuit over a collapse in prices for the coin after a judge said a jury must decide whether people purchased the token because they expected profits or because the coin was pitched as "a meme coin for advocacy of conservative values."

  • December 03, 2025

    Archegos Founder Says Davis Polk Job Offer Taints Restitution

    Archegos founder Bill Hwang, who is serving an 18-year sentence for defrauding banks out of billions of dollars in loans used to manipulate the market, asked to vacate his restitution order because the presiding judge's clerk accepted a job with Davis Polk & Wardwell LLP, which represents victim-bank Morgan Stanley.

  • December 03, 2025

    Fanatics, NFT Co. Strike Deal To Settle Ex-Exec's FMLA Suit

    Fanatics and a digital collectibles company struck a settlement with a former executive to end a suit alleging he was fired for seeking parental leave, according to a New York federal court order Wednesday.

  • December 03, 2025

    Class Counsel Win $17.5M Cut Of Pentegra $48.5M ERISA Deal

    A New York federal court gave its final sign-off to a $48.5 million settlement between Pentegra Retirement Services and employee 401(k) plan participants who alleged mismanagement, and also approved class counsel's request for a $17.5 million cut of that sum for attorney fees and litigation expenses.

  • December 03, 2025

    OCC Taps Ex-DC Civil Division Head As Deputy Chief Counsel

    The Office of the Comptroller of the Currency said Wednesday that it has hired a longtime litigator with the U.S. Attorney's Office for the District of Columbia to be a senior official in the banking agency's legal department.

  • December 03, 2025

    Polsinelli Crypto Co-Leader Joins Duane Morris In Miami

    A former co-leader of Polsinelli PC's blockchain and cryptocurrency practice has joined Duane Morris LLP in Miami, the firm announced Wednesday.

  • December 03, 2025

    Crypto Firm JKL Gets Chapter 15 Nod For BVI Liquidation

    A New York bankruptcy judge on Wednesday agreed to give U.S. recognition of JKL Holdings' British Virgin Islands liquidation as liquidators probe the former cryptocurrency investment firm's U.S. assets.

  • December 03, 2025

    Home Contractor Platform Changes Hands In $190M Deal

    California technology company QuinStreet Inc. said Wednesday it will pay a total of $190 million to acquire HomeBuddy, a homeowner-focused digital marketplace for home improvement contractors.

  • December 02, 2025

    SDNY Head Backs Good Deals For Quick Cooperation By Cos.

    Manhattan U.S. Attorney Jay Clayton on Tuesday said he's prepared to offer "real benefits" to corporations facing criminal investigations if they quickly agree to cooperate and compensate victims, ideally in the form of comprehensive, government-wide resolutions.

  • December 02, 2025

    Canadian Court Blocks Binance's Hong Kong Arbitration Bid

    A Canadian court has ordered Binance to stop pursuing arbitration in Hong Kong against two class representatives in litigation accusing the cryptocurrency exchange of illegally trading securities, pointing to an appeals court decision finding the arbitration agreement is unenforceable.

  • December 02, 2025

    Banking Regulators Pledge Basel Reset Amid Capital Rethink

    Federal banking regulators told House lawmakers Tuesday that they are committed to advancing a fully rebuilt Basel III endgame rule that won't disrupt bank lending or gold-plate its requirements, although they stopped short of promising a capital-neutral result.

  • December 02, 2025

    DeFi Treasury Co. Faces Investors' Crypto Competition Suit

    An investment firm is bringing a proposed securities class action accusing DeFi Technologies Inc. of misleading them and others about the extent of competition the crypto treasury company faced and other factors that allegedly negatively impacted its stock price.

  • December 02, 2025

    FDIC Secures Dismissal Of SVB Cayman Deposit Suit

    A California federal judge has permanently tossed a suit against the Federal Deposit Insurance Corp. brought by liquidators of the Cayman Islands branch of collapsed Silicon Valley Bank, finding they lack standing to sue the agency and are barred from relitigating issues already decided in bankruptcy court.

  • December 02, 2025

    Citadel Securities Can't Duck Microchip Patent Claims

    An Illinois federal judge has denied Citadel Securities' attempt to escape a software company's patent infringement claims related to computer microchips, saying she was not convinced that the patents at issue were too abstract to be valid.

  • December 02, 2025

    Three Arrows Boosts $1.5B FTX Claim Tied To Crypto Winter

    The liquidators of defunct crypto hedge fund Three Arrows Capital defended their $1.53 billion claim against FTX months after the failed exchange called it "baseless," telling a Delaware bankruptcy judge that its assets at FTX were sold just weeks before its collapse in what amounts to "classic preference."

  • December 02, 2025

    Crypto-Focused Forward Industries Taps Fintech Vet As GC

    Solana treasury company Forward Industries Inc. has tapped the former chief legal officer of digital broker-dealer Securitize Inc. and top lawyer at crypto-focused Anchorage Digital to serve as its general counsel.

  • December 02, 2025

    SEC's Atkins Pushes To Broaden Small Business Criteria

    U.S. Securities and Exchange Commission Chairman Paul Atkins said on Tuesday that the agency should push to change the definition of small business so that more publicly traded companies can forgo what he considers to be burdensome regulatory requirements.

  • December 02, 2025

    'Robo-Adviser' Wealthfront Targets Estimated $450M IPO

    Digital wealth management firm Wealthfront on Tuesday launched plans to raise up to $450 million in its initial public offering, a move that comes after the "robo-adviser" and automated investment tool provider filed confidential plans to go public earlier this summer.

  • December 01, 2025

    Fed Sees Shrinking Number Of Open Exam Findings At Banks

    The Federal Reserve on Monday reported broad declines in open supervisory issues at financial institutions under its oversight during the first half of the year, a shift that comes as the Trump administration is pursuing efforts to rein in examiner criticism of banks.

  • December 01, 2025

    Terraform Founder Seeks Five Years At Most For Crypto Fraud

    Terraform founder Do Kwon has asked a Manhattan federal judge to impose no more than five years of imprisonment after he admitted to misleading users about the stability of the crypto project, noting he still has to face "certain future detention in Korea" over the stunning collapse that wiped out $40 billion in value.

  • December 01, 2025

    Kalshi Users Bring Class Action Over 'Illegal' Sports Gambling

    Kalshi Inc. has been hit with a proposed class action in New York federal court alleging that the platform is falsely marketing itself as a "prediction market," when in reality it is running an illegal sports gambling operation.

  • December 01, 2025

    State AGs Demand Info From 'Buy Now, Pay Later' Lenders

    A multistate coalition of seven attorneys general has launched a probe into the terms and fees set by "buy now, pay later" lenders that are popular with shoppers, saying they're concerned that the companies' products could be breaking consumer protection laws.

Expert Analysis

  • 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.

  • 3 Rulings Show Hurdles To Proving Market Manipulation Fraud

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    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.

  • Advice For 1st-Gen Lawyers Entering The Legal Profession

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    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.

  • Untangling 'Debanking' Exec Order And Ensuing Challenges

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    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.

  • What FDIC's Asset Threshold Raise Would Mean For Banking

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    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.

  • Series

    Coaching Cheerleading Makes Me A Better Lawyer

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    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.

  • Series

    Law School's Missed Lessons: How To Make A Deal

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    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.

  • Annual Report Shows CFIUS Extending Its Reach In 2024

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    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.

  • From Clerkship To Law Firm: 5 Transition Tips For Associates

    Excerpt from Practical Guidance
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    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.

  • Associates Can Earn Credibility By Investing In Relationships

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    As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.

  • How The Genius Act May Aid In Fight Against 'Pig Butchering'

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    ​​​​​​​The recently enacted Genius Act represents a watershed moment in the fight against crypto fraud, providing new tools to freeze and recover funds that are lost to scams such as "pig butchering" schemes executed from scam factories abroad, but there are implementation challenges to watch, say attorneys at Treanor Devlin.

  • Traditional Venue Theories May Not Encompass Crypto Fraud

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    A New York federal court's recent decision in U.S. v. Eisenberg, overturning a jury verdict against a crypto trader on venue deficiencies and insufficient evidence, highlights the challenges of prosecutions in the decentralized finance space, and will no doubt curtail law enforcement's often overly expansive view of jurisdiction and venue, say attorneys at Venable.

  • When Misconduct Can Trigger Bank Industry Employment Ban

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    The Federal Reserve Board recently settled an enforcement action in which a former employee of a Wyoming bank was banned from banking for conduct she allegedly committed at an entity unrelated to the bank, raising questions about the scope of regulatory enforcement authority, says Travis Nelson at Polsinelli.

  • Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling

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    The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.

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