Fintech

  • January 28, 2026

    Fiserv Uses Its Data Security Flaws For Upsells, Suit Says

    Payment systems company Fiserv Inc. is facing another suit over its alleged data security flaws, with a credit union claiming the company has allowed its online banking platform to be "repeatedly hacked, again and again," and then uses these failures to upsell additional security measures to users. 

  • January 28, 2026

    CFTC Taps Treasury Atty To Be General Counsel

    The Commodity Futures Trading Commission announced Wednesday it has hired a Treasury Department lawyer with BigLaw experience to serve as the derivatives regulator's new general counsel.

  • January 28, 2026

    Crypto Investors Want Mark Cuban Suit Sent To Texas

    Crypto investors suing billionaire Mark Cuban and his former NBA team the Dallas Mavericks over their alleged promotion of the collapsed exchange Voyager have asked a Florida federal judge to transfer their claims to Texas, a month after the judge dismissed the claims on personal jurisdiction grounds.

  • January 28, 2026

    Chinese Man Gets 46 Months In $37M Pig Butchering Scam

    A Chinese national was sentenced to 46 months in prison Tuesday in California federal court for participating in a global network that tricked 174 victims lured in from dating apps into pouring money into fake digital asset investments, and ultimately laundering $36.9 million in cryptocurrency proceeds to scam centers overseas.

  • January 28, 2026

    SEC Urged To Adopt Insider Trading Rules For Foreign Firms

    A former member of the U.S. Securities and Exchange Commission is among a trio of academics pressing the agency to write rules cracking down on insider trading at foreign companies that trade on U.S. exchanges, urging action before a congressionally mandated deadline runs out in March.

  • January 28, 2026

    Nomura Unit Taps Legal Chief To Steer Crypto Trust Bank Plan

    A crypto-focused subsidiary of financial services group Nomura has applied to the Office of the Comptroller of the Currency to establish a national trust bank headed by its legal chief.

  • January 27, 2026

    Crypto Network Cofounder Hit With $100M RICO Suit

    The co-founder and board members of cryptocurrency-associated data cloud platform Cere Network were sued in California federal court Tuesday over an alleged pump-and-dump scheme where they secretly sold over $41 million in Cere tokens on various exchanges and misappropriated investor funds. 

  • January 27, 2026

    9th Circ. Affirms Ripple's Early Win On Registration Claim

    The Ninth Circuit won't revive class action claims alleging cryptocurrency company Ripple Labs sold the digital token XRP in an unregistered securities offering, upholding in its decision Tuesday a lower court's finding that the claims are time-barred.

  • February 12, 2026

    Law360 Seeks Members For Its 2026 Editorial Boards

    Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

  • January 27, 2026

    SEC Settles 3 Insider Trading Cases for $1M

    The U.S. Securities and Exchange Commission has settled three separate insider trading cases this week for a total of $1 million, entering agreements with a trader who was allegedly tipped off about a $3 billion acquisition and another who had already pled guilty to insider trading.

  • January 27, 2026

    Kalshi Taps Ex-Amazon State Policy Pro For New DC Shop

    Trading platform Kalshi is expanding its policy efforts amid battles with state gambling regulators and tribes with a new office in Washington, D.C., staffed by government relations specialists, including a former Amazon executive who spent close to a decade with the Mississippi Attorney General's Office.

  • January 27, 2026

    Mountain Lake's Second SPAC Raises Upsized $313M Offering

    Mountain Lake Acquisition Corp II, a blank-check company led by Axos Financial board chair Paul Grinberg, began trading Tuesday after pricing an upsized $313.2 million initial public offering.

  • January 26, 2026

    11th Circ. Won't Expedite Bid To Halt CFPB Energy Loan Rule

    The Eleventh Circuit declined Monday to fast-track an appeal aimed at halting a new Consumer Financial Protection Bureau rule on clean-energy home improvement loans, rebuffing the rule's trade group challenger as the agency separately defended the Biden-era measure.

  • January 26, 2026

    Court Urged To Resist Apple's Transfer Bid In IP, RICO Suit

    Fintiv Inc. has hit back at Apple's request that a Georgia federal court either dismiss or transfer its trade secrets and racketeering case against the tech giant to Texas federal court, arguing that moving the case isn't appropriate "just because Apple likes a particular judge."

  • January 26, 2026

    Citadel Securities Lobbies SEC For $119M CAT Fee Refund

    Citadel Securities is pressing for the return of $119 million it argues was unlawfully collected to fund a key market surveillance database known as the consolidated audit trail, telling the U.S. Securities and Exchange Commission the collection of the fees violated an Eleventh Circuit decision.

  • January 26, 2026

    Interactive Brokers Inks $5M Deal To End Algorithm Class Suit

    Online broker-dealer Interactive Brokers LLC and an investor have asked a Connecticut federal judge to give an initial nod to a $5 million deal to end decade-long class action negligence claims surrounding an allegedly faulty algorithm that liquidated short-sold securities.

  • January 26, 2026

    Sens. Offer Crypto Bill Amendments As Storm Delays Markup

    The Senate Agriculture Committee said Monday that it will postpone its markup of a bill to regulate crypto markets to Thursday in light of the weekend's winter storm, while Democrats submitted proposals to insert ethics language and ensure appointments to the U.S. Commodity Futures Trading Commission.

  • January 26, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court wrapped up the week with a slate of high-stakes deal challenges, governance rulings and oversight decisions, including an emergency bid to block a $10.9 billion bank merger, a state Supreme Court reversal reshaping stockholder agreement litigation and a major opinion allowing sexual misconduct oversight claims to proceed.

  • January 23, 2026

    OCC Won't Delay Trump Family-Tied Co. Bank Charter Review

    The Office of the Comptroller of the Currency's head, Jonathan Gould, on Friday refused to delay a review of crypto firm World Liberty Financial's national trust bank application, rebuffing concerns by Sen. Elizabeth Warren, D-Mass., that President Donald Trump's close ties to the company pose a conflict of interest.

  • January 23, 2026

    Crypto Project Laundered North Korea Crime Funds, Suit Says

    Torture and terror survivors and their families who have won monetary judgments against North Korea asked a Washington, D.C., federal judge to order a cryptocurrency project to pay nearly $250 million for allegedly laundering North Korean hacker funds they say should have been frozen and seized for the plaintiffs' compensation.

  • January 23, 2026

    Warren Tells CFPB's Vought To Heed His Boss On Credit Cards

    A top Democratic senator on Friday pointedly challenged the Consumer Financial Protection Bureau to follow through on President Donald Trump's credit card affordability concerns, questioning whether its current chief is "disregarding" White House wishes.

  • January 23, 2026

    Feds Seek $35M Forfeiture After Ex-CFO's Crypto Conviction

    Government prosecutors urged a Seattle federal judge to impose a $35 million forfeiture judgment on a software startup's former executive following his wire fraud conviction, arguing that Nevin Shetty's quick loss of the money in a cryptocurrency collapse doesn't change the fact that he stole it.

  • January 23, 2026

    CLO Investors Accused Of Rigging Rates In Shift From Libor

    Major equity investors in collateralized loan obligations have been sued in Connecticut federal court over claims that they colluded to force corporate leveraged-loan borrowers to accept higher interest rates during the phaseout of the London Interbank Offered Rate, or Libor.

  • January 23, 2026

    SEC Releases Gemini From Crypto Lending Enforcement Case

    The U.S. Securities and Exchange Commission on Friday filed to dismiss an enforcement action against Gemini Trust Company, solidifying a deal the parties reached in September over the crypto exchange's now-shuttered lending program.

  • January 23, 2026

    Pump.Fun Avoids Sanctions For Users' Harassing Meme Coins

    Meme coin launchpad Pump.Fun defeated a sanctions bid on Friday over allegations it permitted crypto tokens on its platform that threaten individuals suing it, but a Manhattan federal judge said the bid could be renewed if the harassment starts up again. 

Expert Analysis

  • AI Evidence Rule Tweaks Encourage Judicial Guardrails

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    Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.

  • Where Things Stand At The CFPB As Funding Dries Up

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    The Consumer Financial Protection Bureau is on pace to run out of funding in the new year, threatening current and future rulemaking efforts, but a rapid series of recent actions still carries significant implications for regulated entities and warrants careful monitoring in the remaining weeks of the year, say attorneys at Brownstein Hyatt.

  • Terrorist Label For Maduro Poses New Risks For US Firms

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    The State Department's recent designation of President Nicolás Maduro, and other Venezuelan government and military officials, as members of a foreign terrorist organization drastically increases the level of caution companies must exercise when doing business in the region to mitigate potential civil, criminal and regulatory risk, say attorneys at Freshfields.

  • Series

    The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • How Bank-Fintech Partnerships Changed In 2025

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    The 2025 transition to the Trump administration, augmented by the reversal of Chevron deference in 2024, has resulted in unprecedented shifts, and bank-fintech partnerships are no exception, with key changes affecting a number of areas including charters, regulatory oversight and anti-money laundering, say attorneys at K&L Gates.

  • Opinion

    Horizontal Stare Decisis Should Not Be Casually Discarded

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    Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.

  • How Fed. Circ. Shaped Subject Matter Eligibility In 2025

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    The Federal Circuit's most impactful patent eligibility decisions this year, touching on questions about obviousness and abstractness, provide a toolbox of takeaways that can be utilized during patent preparation and prosecution to guard against potential challenges, says Reilley Keane at Banner Witcoff.

  • DC Circ. Decision Reaffirms SEC Authority Post-Loper Bright

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    The recent denial of a challenge to invalidate 2024 amendments to the U.S. Securities and Exchange Commission's tick size and fee-cap rules reinforces the D.C. Circuit's deference to SEC expertise in market structure regulation, even after Loper Bright, though implementation of the rules remains uncertain, say attorneys at Sidley.

  • 10 Commandments For Agentic AI Tools In The Legal Industry

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    Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.

  • 10th Circ. Decision May Complicate Lending In Colorado

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    The Tenth Circuit's decision last month in National Association of Industrial Bankers v. Weiser clears the way for interest rate limits on all consumer lending in Colorado, including loans from out-of-state banks, potentially adding new complexities to lending to Colorado residents, say attorneys at Manatt.

  • Series

    Preaching Makes Me A Better Lawyer

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    Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.

  • Why Digital Asset Treasuries Are Drawing Regulator Concerns

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    Financial regulators’ recent focus on potential insider trading and investor risk at hundreds of publicly traded digital asset treasuries may have been summoned by how quickly this rapidly expanding market responds to asset allocation decisions, as well as variations in risk disclosure practices across the sector, say attorneys at The Brattle Group.

  • Minn. Financial Abuse Law Should Prompt Operational Review

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    A new Minnesota law targeting the financial exploitation of vulnerable adults with an order-for-protection mechanism will affect multiple functions across banking organizations, and in the time remaining in 2025, banks should take action to update any needed workflow and documentation protocols, say attorneys at Winthrop & Weinstine.

  • SEC Penalties Trended Down In FY 2025, Offering 2026 Clues

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    The U.S. Securities and Exchange Commission's settled corporate penalties in fiscal year 2025 show a clear dividing line, as the largest penalties all came before Inauguration Day, a trend that may continue as the types of cases that lead to the biggest penalties seem to be no longer favored by the commissioners, say attorneys at Dentons.

  • Series

    Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

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