Fintech

  • February 09, 2026

    Blockchain Co. Archblock Files Ch. 11 With Debt Over $100M

    Blockchain financial technology company Archblock LLC filed for Chapter 11 bankruptcy relief in Delaware, listing more than $100 million in liabilities and less than $10 million in assets.

  • February 09, 2026

    Polymarket Sues Mass. To Halt Potential Sports Market Ban

    Polymarket filed a lawsuit Monday seeking to block Massachusetts from enforcing its sports gambling laws against the prediction market.

  • February 06, 2026

    WithU, Scratchpay Sued Over Alleged 568% Loan Interest Rate

    Online direct lender WithU and California fintech platform Scratchpay were hit with a proposed class action in Washington federal court on Friday by a consumer who claims he was cornered into borrowing a loan with a nearly 568% interest rate to pay for his cat's cancer treatment.

  • February 06, 2026

    Paycheck Advances Aren't Loans, Fintech Orgs Tell 9th Circ.

    Fintech trade groups on Friday urged the Ninth Circuit to rein in class litigation over earned wage access products, arguing it should recognize the products as distinct from credit under federal lending laws or risk upending a popular, safer alternative to traditional loans.

  • February 06, 2026

    Kalshi Says CFTC Backs Sports Bets Without Tribal Regs

    Prediction market platform Kalshi has told a Wisconsin federal court that the U.S. Commodity Futures Trading Commission's chair has thrown his support behind the agency's view that it has exclusive jurisdiction over the event contracts at issue in a Native American tribe's case against the company.

  • February 06, 2026

    Linqto Gets OK For Ch. 11 Plan With Stock Deal

    A Texas bankruptcy judge Friday agreed to approve Linqto's Chapter 11 plan, finding it had overwhelming creditor support and overruling objections from the defunct private investment platform's onetime leader.

  • February 06, 2026

    MeridianLink Sued In Del. For Share Price In $2B Acquisition

    Two institutional stockholders of financial software platform venture MeridianLink sued on Friday for a Delaware Court of Chancery valuation of their shares at the time of the company's $2 billion, Aug. 11, 2025, acquisition by a merger affiliate of Centerbridge Partners LP.

  • February 06, 2026

    CFTC Updates Crypto Collateral Letter For Bank Stablecoins

    The U.S. Commodity Futures Trading Commission on Friday tweaked an earlier no-action letter on the use of tokenized collateral to clarify that stablecoins issued by national trust banks are among the list of approved digital assets.

  • February 06, 2026

    Kalshi Given 30 Days To End New Sports Wagers In Mass.

    A Massachusetts state court on Friday gave Kalshi 30 days to comply with a preliminary injunction barring the prediction market from offering new sports-related event contracts to state residents, denying a request for a stay pending an anticipated appeal.

  • February 06, 2026

    Prediction Markets Expand Wall St. Cops' Insider Trading Beat

    As traders flock to platforms that allow them to speculate on everything from Super Bowl ad placements to political shakeups, regulators and law enforcement face increasing pressure to crack down on newly expanded opportunities for insider trading.

  • February 06, 2026

    Paymentus Settles Fintech Atty's Age Bias Suit Ahead Of Trial

    Billing company Paymentus Corp. has settled a former in-house attorney's retaliation, age discrimination and wrongful discharge lawsuit less than two weeks before the case was set to go to trial, court records show.

  • February 06, 2026

    Taxation With Representation: Gibson Dunn, S&C, Wachtell

    In this week's Taxation With Representation, Elon Musk announces SpaceX's acquisition of his artificial intelligence company xAI, Devon Energy and Coterra Energy agree to merge, and Banco Santander SA acquires Webster Financial Corp.

  • February 06, 2026

    Greenberg Traurig Adds Fintech Pro From Sidley In Miami

    Greenberg Traurig has picked up a new of counsel for its financial regulatory and compliance and blockchain and digital assets practices in Miami from Sidley Austin LLP.

  • February 05, 2026

    Bessent Knocks 'Nihilist' Crypto Critics Of Market Reg. Bill

    U.S. Department of the Treasury Secretary Scott Bessent on Thursday defended Republican-backed legislation to regulate crypto markets as critical to the future of digital assets in the U.S., telling senators that industry players who are holding out "should move to El Salvador."

  • February 05, 2026

    SEC Data Contractor To Pay $1.5M Over Faked Audit Cert.

    The CEO of a data infrastructure company that contracted with the U.S. Securities and Exchange Commission has agreed to pay $1.5 million as part of a pretrial diversion agreement to resolve charges that he fraudulently claimed his business was certified for high-level reliability and security.

  • February 05, 2026

    Kalshi Taps White & Case Alum As Enforcement Head

    Kalshi announced Thursday that it has selected a former White & Case LLP associate to serve as its head of enforcement, as the prediction market expands its market surveillance and enforcement framework.

  • February 05, 2026

    Polymarket Hit With Class Action For 'Disguising' Sports Bets

    Prediction market company Polymarket has been hit with a class action in New York federal court targeting its sports event contracts, which the suit alleges are disguised sports gambling offers meant to evade state regulation and scrutiny.

  • February 05, 2026

    Crypto Lender Nexo Can't Exit Suit Over Liquidated Loans

    Crypto lender Nexo Capital Inc. must face a customer's suit accusing the firm of misleading him about fees and causing him millions of dollars in losses through forced liquidations of his crypto assets, a California magistrate judge determined, saying that several of the plaintiff's claims have been sufficiently asserted in the pleading stage.

  • February 05, 2026

    SDNY Chief Says Office Has Eye On Prediction Markets

    The Southern District of New York's top prosecutor said Thursday that his office is thinking about how the current laws apply to prediction markets, and said that he expects fraud cases to be brought against those taking advantage of those markets.

  • February 04, 2026

    Dark Web Drug Market Operator Gets 30-Year Sentence

    The operator of a vast, cryptocurrency-fueled dark web e-commerce platform for drugs has been sentenced to 30 years in prison after pleading guilty to money laundering and conspiring to distribute over $105 million in narcotics and adulterated and misbranded medication.

  • February 04, 2026

    Bessent Says Card Rate Cap's Effects 'Important' To Review

    U.S. Treasury Secretary Scott Bessent declined to say Wednesday whether he supports President Donald Trump's proposed 10% credit card rate cap, instead telling lawmakers that reining in credit card rewards could be a way to address cost concerns.

  • February 04, 2026

    Coinbase Sues Nev. To Block 'Unlicensed Wagering' Action

    Coinbase on Wednesday sued Nevada's casino regulator, seeking to block the Silver State's bid to halt the crypto exchange's alleged offering of "unlicensed wagering" to state residents through event contracts on sports and elections until it obtains a state gaming license.

  • February 04, 2026

    SEC Cases May Rise After 'Unprecedented' 2025, Attys Say

    Following an "unprecedented" year in which the U.S. Securities and Exchange Commission dismissed the bulk of its crypto docket and filed few new lawsuits, former SEC staff members said Wednesday that there are signs that enforcement actions could begin to ramp up this year.

  • February 04, 2026

    CFTC Withdraws Proposal To Ban Sports, Election Contracts

    U.S. Commodity Futures Trading Chair Michael Selig on Wednesday withdrew a 2024 proposed rule that would have banned trading on the outcome of elections and sporting events, saying the agency will instead float a new rule that promotes "innovation" in derivatives markets.

  • February 04, 2026

    Fintech Exec Wins Toss Of $150M Fraud Case After Mistrial

    A Massachusetts federal judge Wednesday said she had no choice but to dismiss charges against a former executive over an alleged $150 million credit card payment fraud scheme on double jeopardy grounds following a mistrial last year.

Expert Analysis

  • Banking Regulation Themes To Anticipate In 2026

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    The banking enforcement and rulemaking agenda for this year is likely to reflect a mix of targeted reform, deregulatory recalibration and new priorities aligned with supervisory modernization, says Kim Prior at King & Spalding.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q4

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    The regulatory and litigation developments for California financial institutions in the fourth quarter of 2025 were incremental but consequential, with the Department of Financial Protection & Innovation relying on public enforcement actions to articulate expectations, and lawmakers and privacy regulators playing a role as well, says Stephen Britt at Stinson.

  • Series

    Fly-Fishing Makes Me A Better Lawyer

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    Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q4

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    In the fourth quarter of last year, New York state enacted several developments that affect financial services regulation and business, cementing upcoming compliance obligations including cybersecurity best practices and retail stores' cash management, says Chris Bonner at Barclay Damon.

  • IP Appellate Decisions Show 4 Shifts In 2025

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    In 2025, intellectual property decisions issued by the Ninth, D.C., and Federal Circuits trended toward tightening doctrinal boundaries, whether to account for technological developments in existing legal regimes, or to refine areas with some ambiguity, says Nate Sabri at Perkins Coie.

  • Series

    The Law Firm Merger Diaries: Forming Measurable Ties

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    Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.

  • How 2025 Executive Orders Are Reshaping Consumer Finance

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    In 2025, President Donald Trump used executive orders to initiate a reversal of policies on fair lending, urge agencies to use enforcement and supervisory tools to police debanking, and reduce consumer financial regulation — and the resulting flurry of deregulatory activity will likely continue in 2026, says Elizabeth Tucci at Goodwin.

  • Del. Dispatch: What Tesla Decision Means For Exec Comp

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    The recent Delaware Supreme Court decision granting Tesla CEO Elon Musk his full pay, now valued at $139 billion, following a yearslong battle appears to reject the view that supersized compensation may be inherently unfair to a corporation and its shareholders, say attorneys at Fried Frank.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • Where States Jumped In When SEC Stepped Back In 2025

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    The state regulators that picked up the slack when the U.S. Securities and Exchange Commission scaled back enforcement last year should not be underestimated as they continue to aggressively police areas where the SEC has lost interest and probe industries where SEC leadership has actively declined to intervene, say attorneys at Morgan Lewis.

  • What's On Deck In Tribal Nations' Prediction Markets Litigation

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    Native American tribes' response to the expansion of sports-based prediction markets enters a decisive phase this year, with appellate courts positioned to address whether federal commodities law permits nationwide offering of sports-based event contracts free from state and tribal gaming regulation, say attorneys at Holland & Knight.

  • Reviewing Historical And Recent NYDFS Blockchain Guidance

    Excerpt from Practical Guidance
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    An industry letter released in the fall by the New York State Department of Financial Services, together with guidance issued over the past decade, signals a heightened regulatory expectation for covered institutions regarding the use of blockchain analytics and requires review, says Nicole De Santis at Nomadis Consulting.

  • Series

    Judges On AI: How Courts Can Boost Access To Justice

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    Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.

  • Shopify Suit Is An Early Antitrust Test Of 'Buy Now, Pay Later'

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    An ongoing antitrust suit in Minnesota federal court filed by Sezzle against Shopify — one of the earliest such lawsuits focused on buy now, pay later services — could play a particularly informative role in how short-term credit offerings and the broader market develop, say attorneys at Alston & Bird.

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