Fintech

  • 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.

  • December 01, 2025

    Robinhood Looks To Block Nevada Sports Wager Order

    Robinhood Derivatives LLC asked a Nevada federal judge to pause state regulators from taking action over the trading platform's sports wagers while it pursues an appeal of a related court order, arguing the case presents important, novel and complex legal questions that warrant appellate review.

  • December 01, 2025

    White House Crypto Czar Hired Clare Locke Amid NYT Probe

    The tech founder-turned-White House crypto and artificial intelligence czar David Sacks has hired defamation specialists at Clare Locke LLP to combat a New York Times investigation into potential conflicts of interest arising from his personal tech investments and role as a White House policy adviser.

  • December 01, 2025

    Ex-NBA Vet Haslem Prepares To Exit Sprawling FTX Litigation

    Longtime Miami Heat forward turned NBA broadcaster Udonis Haslem has reached a settlement with investors over his alleged role in promoting the now-defunct FTX cryptocurrency exchange before its collapse in late 2022.

  • December 01, 2025

    CFTC's Pham Expands 'Due Process' For Enforcement Targets

    The U.S. Commodity Futures Trading Commission announced changes to its investigation process Monday that the acting chair said are meant to protect the due process rights of those who are accused of wrongdoing by agency attorneys.

  • December 01, 2025

    Bitcoin Treasury Co. Names New General Counsel

    Bitcoin Treasury company Strategy announced Monday that it has brought on a new general counsel, the former legal chief of blockchain platform company Chia Network Inc., according to a filing with the Securities and Exchange Commission.

  • December 01, 2025

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court saw a slate of corporate law clashes this past week, from fast-moving injunction fights in consumer product and real estate markets to multibillion-dollar oversight claims against crypto executives and fresh battles over control for two sports teams.

  • November 26, 2025

    Robinhood, Susquehanna Eye Prediction Market Expansion

    Robinhood Markets is planning to beef up its prediction market offerings by partnering with Susquehanna International Group to acquire and stand up a regulated derivatives exchange and clearinghouse.

  • November 26, 2025

    Justices Delay Copyright Chief Case Until FTC Firing Decision

    The U.S. Supreme Court said it will defer ruling on whether the Trump administration's firing of the U.S. Copyright Office leader was legal until the justices resolve cases involving the terminations of a Democratic Federal Trade Commission member and Federal Reserve Gov. Lisa Cook.

  • November 26, 2025

    Kalshi Challenges Nev. Order Nixing Sports Contract Shield

    Kalshi has asked the Ninth Circuit to weigh in on a Nevada federal judge's decision to vacate an earlier order shielding the trading platform's sports event contracts from the state's gaming regulators.

  • November 26, 2025

    Switzerland Delays Crypto Info Swaps With Tax Authorities

    Switzerland will not automatically exchange information on cryptocurrency accounts with foreign tax authorities until at least 2027, although rules governing the exchanges are being adopted into law, the country's executive branch said Wednesday.

  • November 26, 2025

    Coinbase Insiders Sued In Del. For Billions After Hack Losses

    Stockholders of Coinbase Global Inc. have again sued the crypto giant in Delaware's Court of Chancery, in a second derivative suit seeking recoveries for billions in alleged inside trading by fiduciaries of the now-Texas-chartered company and claiming multiple failures to prevent high-risk customer actions.

  • November 25, 2025

    MoonPay Secures NY Trust Charter For Crypto Custody

    Cryptocurrency firm MoonPay announced Tuesday that New York State Department of Financial Services has given it the green light to provide crypto custody and over-the-counter trading services as a New York limited purpose trust company.

  • November 25, 2025

    Bitcoin Depot Unit Hit With $18.5M Arbitration Award

    The parent of a Canadian company that develops software allowing global network users to deposit cash for Bitcoin or exchange Bitcoin for cash said its subsidiary was hit with an $18.47 million arbitral award in a dispute with a bankrupt operator of cryptocurrency ATMs.

  • November 25, 2025

    Nev. Judge Denies Robinhood's Bid To Shield Event Contracts

    A Nevada federal judge declined to bar the state's gaming regulators from taking action over Robinhood's sports wagers for now in a Tuesday order that marked U.S. District Judge Andrew P. Gordon's second refusal to shield an event contract offering despite previously granting the relief to Kalshi.

  • November 25, 2025

    Feds Advance Plans To Dial Back Leverage Capital Rules

    Federal regulators on Tuesday signed off on changes that will ease a key capital backstop for the biggest banks and unveiled a separate proposal to relax a simplified, optional capital standard for smaller banks.

  • November 25, 2025

    Binance Faces New Terror Funding Suit From Oct. 7 Victims

    More than 300 survivors and family members of those harmed in the Oct. 7 attacks on Israel are suing cryptocurrency exchange Binance and its leadership for "knowingly, willfully, and systematically" assisting the groups that planned the attacks by concealing the movement of $1 billion.

  • November 25, 2025

    Bridgepoint Buys Majority Stake In Crypto Audit Firm

    Middle-market private equity firm Bridgepoint Group, led by Cleary Gottlieb Steen & Hamilton LLP, on Tuesday revealed plans to take a majority stake in British digital asset assurance and technology solutions provider ht.digital, led by Dentons.

Expert Analysis

  • 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.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • CFIUS Trends May Shift Under 'America First' Policy

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    The arrival of the Committee on Foreign Investment in the United States' latest annual report suggests that the Trump administration's "America First" policy will have a measurable effect on foreign investment, including improved trendlines for investments from allied sources and increasingly negative trendlines for those from foreign adversary sources, say attorneys at Debevoise.

  • How Novel Del. Ruling Tackled Crypto Jurisdiction

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    As courts grapple with cryptocurrency's borderless nature, the Delaware Court of Chancery's recent decision in Timoria v. Anis highlights the delicate balance between territorial jurisdiction and due process, and reinforces the need for practitioners to develop sophisticated, multijurisdictional approaches to digital asset disputes, say attorneys at Holland & Knight.

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