Fintech

  • October 02, 2025

    Holland & Knight Adds Crowell & Moring Practice Lead In DC

    Holland & Knight LLP has added a former practice group leader from Crowell & Moring LLP who spent more than 11 years there working with privacy and cybersecurity issues and counseling clients on data privacy risks and other related matters.

  • October 01, 2025

    Tornado Cash Boss Seeks Acquittal After Partial Mistrial

    Tornado Cash's Roman Storm on Tuesday urged a New York federal court to acquit the cryptocurrency tumbler co-founder of enabling more than $1 billion in money laundering transactions, as questions remain even among government officials about criminal liability for software developers of open-source privacy tech.

  • October 01, 2025

    SEC Gives Crypto Custody Nod To State Trust Companies

    The U.S. Securities and Exchange Commission staff has assured registered investment advisers and certain fund issuers they won't risk an enforcement action by using state trust companies as cryptocurrency custodians in a move that some praised as widening access to more crypto-savvy custody options and others decried as an erosion of custody rules.

  • October 01, 2025

    Squires Jumps Right Into Patent Eligibility Reform

    U.S. Patent and Trademark Office Director John Squires used his first week at the agency to make bold statements about what should be eligible for patenting, with patent owners celebrating his support of diagnostics, crypto and machine learning technologies.

  • October 01, 2025

    Ex-CFTC Enforcement Head, DOJ Veteran Joins Jones Day

    Jones Day has hired a former director of the U.S. Commodity Futures Trading Commission's Division of Enforcement who is also a nearly two-decade alumnus of the U.S. Department of Justice.

  • October 01, 2025

    Coinbase Gets Securities Suit Over Biz Risks Trimmed

    A New Jersey federal judge trimmed claims from a class action against Coinbase alleging the crypto exchange misrepresented or concealed parts of its business, ruling that claims tied to bankruptcy risk and regulatory disclosures that aren't based on group pleading can proceed, while claims related to proprietary trading statements were dismissed.

  • October 01, 2025

    Here's How The SEC Survived 2 Prior Shutdowns

    The U.S. Securities and Exchange Commission sent home 90% of its staff Wednesday, including the bulk of its enforcement division, as the agency braces for a shutdown of uncertain length by drawing on lessons from two prior long-running impasses in the past 12 years.

  • October 01, 2025

    Trump Withdraws Nomination Of Quintenz For CFTC Chair

    President Donald Trump has withdrawn his nomination of Brian Quintenz to lead the U.S. Commodity Futures Trading Commission, following a delay at the president's request of a Senate committee vote on the nomination and Quintenz's public feud with crypto exchange founders Tyler and Cameron Winklevoss.

  • October 01, 2025

    CFPB 'Will Continue Operations' As Gov't Shutdown Hits

    The Consumer Financial Protection Bureau has told its staff to expect business as usual amid the government shutdown that began Wednesday, assuring them that operations, pay and benefits will continue uninterrupted, according to an internal email obtained by Law360.

  • October 01, 2025

    Trump Moves To Elevate FDIC's Hill To Permanent Chair

    President Donald Trump has nominated the Federal Deposit Insurance Corp.'s acting Chairman Travis Hill to lead the deposit insurer on a permanent basis, the White House confirmed Wednesday.

  • October 01, 2025

    NASCAR Exec Says Team Was Warned About LGB Sponsors

    A NASCAR executive told jurors on Wednesday that driver Brandon Brown's team had previously been warned the league would not sign off on any on-track promotion of the "Let's Go Brandon" phrase, but pursued approval of an LGBCoin sponsorship anyway in a manner the executive said was "disingenuous."

  • October 01, 2025

    Maryland Judge Lets SEC Crypto-Fraud Case Proceed

    The U.S. Securities and Exchange Commission's lawsuit accusing an Australian citizen of defrauding investors in a crypto-mining scheme cleared the dismissal phase Tuesday, but a Baltimore federal judge vacated a default judgment against him for responding late while being detained in the United Arab Emirates.

  • October 01, 2025

    High Court Lets Fed's Cook Keep Job For Now

    The U.S. Supreme Court said Wednesday that it will wait to hear oral arguments early next year before ruling on President Donald Trump's bid to immediately oust Federal Reserve Gov. Lisa Cook, a move that will allow her to remain on the job in the meantime.

  • September 30, 2025

    Merrill Lynch Denied Bid To Block Rival Firm's Launch

    A Georgia federal judge on Tuesday refused to grant Merrill Lynch's bid for a temporary restraining order against a dozen former employees, Charles Schwab and Dynasty Financial Partners in a case concerning an alleged attempt to start a new independent financial advisory firm with Merrill's staff and confidential information. 

  • September 30, 2025

    LGBCoin Founder Says NASCAR Backtrack Cost $76M

    The attorney behind the LetsGoBrandon.com Foundation told jurors Tuesday that a decision by NASCAR to revoke the approval of its sponsorship of a racing team cost the foundation $76 million and destroyed the value of its cryptocurrency LGBCoin.

  • September 30, 2025

    Wu-Tang Trade Secret Ruling Hints At New Way To Protect Art

    A New York federal judge caused a splash last week when she ruled that a one-of-a-kind Wu-Tang Clan album can constitute a trade secret, and attorneys say the surprising decision could broaden the scope of trade secret protections to cover artistic works.

  • September 30, 2025

    Waters Warns CFPB Furloughs Would Be 'Baseless,' 'Harmful'

    A senior Democrat in the U.S. House of Representatives is warning the Consumer Financial Protection Bureau not to use a looming government shutdown as a "pretext" to furlough employees at the agency, arguing that such an unpaid work stoppage would be unnecessary and dangerous.

  • September 30, 2025

    SEC Beats Law Prof's Suit To Protect NFTs That 'Troll' Agency

    A Louisiana federal judge Tuesday permanently tossed a pre-enforcement challenge targeting the U.S. Securities and Exchange Commission's treatment of nonfungible tokens from a law professor and a musician who were seeking to protect projects that "troll" the SEC.

  • September 30, 2025

    Bain Capital-Backed SPAC Leads 3 Offerings Totaling $670M

    Three special purpose acquisition companies hit the public markets Tuesday after raising a combined $670 million in their initial public offerings, joining a surge in SPAC listings recently.

  • September 30, 2025

    Paymentus Pins Fintech Atty's Firing On Behavior, Not Bias

    Billing company Paymentus Corp. told a North Carolina federal judge on Tuesday that it fired a former in-house attorney due to her alleged lack of workplace professionalism, rebutting her claims of age and gender bias.

  • September 30, 2025

    Adams, Bankman-Fried Prosecutor Joins Jenner & Block

    Jenner & Block LLP announced Tuesday that it has hired a longtime New York federal prosecutor who brings experience working on cases against some of the highest-profile criminal defendants in recent years, including New York Mayor Eric Adams and FTX founder Sam Bankman-Fried.

  • September 29, 2025

    Visa Defeats Claims It Profited From Child Porn, For Now

    A California federal judge has thrown out allegations Visa knew about and profited from child pornography on Pornhub and other websites it worked with, though he gave the young woman who sued another opportunity to file an amended complaint.

  • September 29, 2025

    SEC, CFTC Eye Collaboration To Cut Redundant Rules, Cases

    Federal commodities and securities regulators said Monday that they're looking for ways to cut down on duplicative regulation and enforcement matters and coordinate their exemptions and rule writing amid increasing innovation in the markets they oversee.

  • September 29, 2025

    Supreme Court Considers 7 Patent Petitions

    The U.S. Supreme Court held its first conference Monday, presenting the justices with several petitions of interest to patent practitioners before the court's new term kicks off next week.

  • September 29, 2025

    CFPB Union Asks DC Circ. To Rehear Injunction Ruling

    The Consumer Financial Protection Bureau's worker union on Monday urged the full D.C. Circuit to come to the rescue of an injunction that has blocked the Trump administration from enacting sweeping cuts at the agency, warning the regulator's continued existence is at stake.

Expert Analysis

  • Series

    Judging Figure Skating Makes Me A Better Lawyer

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    Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q3

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    The third quarter of 2025 brought legislative changes to state money transmission certification requirements and securities law obligations, as well as high-profile accounting and anti-money laundering compliance enforcement actions by the Department of Financial Protection and Innovation, say attorneys at Ropes & Gray.

  • What Ethics Rules Say On Atty Discipline For Online Speech

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    Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.

  • Balancing The Risks And Rewards Of Private Equity In 401(k)s

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    The recent executive order directing government agencies to consider encouraging private equity and other alternative investments in 401(k) plans does not change the fundamental fiduciary calculus or reduce risk, as success with private investments will depend on careful analysis of both participant demand and fiduciary obligations, say attorneys at Jenner & Block.

  • A Mortgage Lender's Guide To State Licensing Overhaul

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    Recent changes to the Conference of State Bank Supervisors' Nationwide Mortgage Licensing System require careful attention and planning from mortgage lenders, including tweaks to remote work designations and individual disclosure questions, says Allison Schilz at Mitchell Sandler.

  • 2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers

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    Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
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    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

  • As Student Loan Outlook Dims, What Happens To The Banks?

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    While much of the news around the student loan crisis focuses on the direct impact on young Americans' decreasing credit scores, the fate of the banks themselves — and the effect on banking policy — has been largely left out of the narrative, says Madeline Thieschafer at Fredrikson & Byron.

  • Digital Asset Report Opens Doors For Banks, But Risks Linger

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    A recent report from a White House working group discussing digital asset market structure signals how banks may elect to expand into digital asset custody, trading and related services in the years ahead, but the road remains layered with challenges, say attorneys at Foley & Lardner.

  • Series

    Power To The Paralegals: How And Why Training Must Evolve

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    Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.

  • Series

    Playing Softball Makes Me A Better Lawyer

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    My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.

  • How Securities Test Nuances Affect State-Level Enforcement

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    Awareness of how different states use their securities investigation and enforcement powers, particularly their use of the risk capital test over the federal Howey test, is critical to navigating the complicated patchwork of securities laws going forward, especially as states look to fill perceived federal enforcement gaps, say attorneys at WilmerHale.

  • Series

    Law School's Missed Lessons: Mastering Time Management

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    Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.

  • How Hyperlinks Are Changing E-Discovery Responsibilities

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    A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.

  • CFPB Proposal Defining Consumer Risk May Add Uncertainty

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    Though a recent Consumer Financial Protection Bureau proposal would codify when risks to consumers justify supervisory intervention against nonbanks, furthering Trump administration plans to curtail CFPB authority, firms may still struggle to identify what could attract supervisory designation under the new rule, say attorneys at Steptoe.

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