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Fintech
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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."
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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January 23, 2026
Coinbase Moves To End Suit Over SEC, 'Bankruptcy' Warnings
Coinbase and its top brass have again urged a New Jersey federal judge to toss a class action alleging the cryptocurrency exchange misled investors about its regulatory risks and bankruptcy concerns, arguing investors were given enough notice about a U.S. Securities and Exchange Commission investigation and that new Third Circuit rulings undercut the suit's claims.
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January 23, 2026
Mass. Judge Seeks Input On Kalshi Sports Ban
A Massachusetts state court judge said Friday he is still grappling with how to craft an order barring prediction market Kalshi from promoting sports-related event offerings in the state without infringing on the rights of existing contract holders, asking counsel for the company and the Massachusetts Office of the Attorney General for help hammering out the details.
Expert Analysis
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Series
Law School's Missed Lessons: Educating Your Community
Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.
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Strategies For Merchants As Payment Processing Costs Rise
As current economic pressures and rising card processing costs threaten to decrease margins for businesses, retail merchants should consider restructuring how payments are made and who processes them within the evolving legal framework, says Tom Witherspoon at Stinson.
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Shifting Crypto Landscape Complicates Tornado Cash Verdict
Amid shifts in the decentralized finance regulatory landscape, the mixed verdict in the prosecution of Tornado Cash’s founder may represent the high-water mark in a cryptocurrency enforcement strategy from which the U.S. Department of Justice has begun to retreat, say attorneys at Venable.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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Blockchain May Offer The Investor Protection SEC Seeks
As the U.S. Securities and Exchange Commission moves to control the ballooning costs of the consolidated audit trail and attempts to finally give regulators a unified, real-time picture of trading, blockchain demonstrates what it looks like when that kind of transparency is a baseline feature, not an aspirational overlay, says Tuongvy Le at Veda Tech Labs.
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Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Who Will Regulate Insider Trading In Prediction Markets?
The possibilities for insider trading have greatly expanded in the brave new world of prediction markets, and both the U.S. Commodity Futures Trading Commission and U.S. Department of Justice could bring enforcement actions in the space, so businesses should revisit their insider trading and confidential information policies, say attorneys at Fenwick.
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Opinion
Crypto Bills' Narrow Scope Guarantees Continued Uncertainty
The Digital Asset Market Clarity Act and Responsible Financial Innovation Act aim to make the $4 trillion crypto market more transparent and less susceptible to fraud, but their focus on digital assets sold in investment contract transactions promises continued uncertainty for the industry, says Joe Hall at Davis Polk.
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Parody Defendants Are Finding Success Post-Jack Daniel's
Recent decisions demonstrate that, although the U.S. Supreme Court's decision in Jack Daniel's v. VIP Products did benefit trademark plaintiffs by significantly limiting the First Amendment expressive use defense, courts also now appear to be less likely to find a parodic work likely to cause confusion, says Andrew Michaels at University of Houston Law Center.
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Federal Debanking Scrutiny Prompts Compliance Questions
Recent U.S. Small Business Administration guidance sets forth requirements for preventing so-called politicized debanking and specific additional instructions for small lenders, but falls short on clarity for larger institutions, leaving lenders of all sizes with questions as they navigate this unique compliance challenge, say attorneys at Cooley.
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Series
Writing Novels Makes Me A Better Lawyer
Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at BakerHostetler.
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SDNY OpenAI Order Clarifies Preservation Standards For AI
The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.
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Compliance Steps To Take As FCRA Enforcement Widens
As the Fair Credit Reporting Act receives renewed focus from both federal and state enforcers, regulatory and litigation risk is most acute in several core areas, which companies can address by implementing purpose processes and quick remediation of consumer complaints, among other steps, say attorneys at Wiley.
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6 Shifts In Trump Tax Law May Lend A Hand To M&A Strategy
Changes in the Trump administration's recent One Big Beautiful Bill Act stand to create a more favorable environment for mergers and acquisitions, including full bonus depreciation and an expanded code section, say attorneys at K&L Gates.
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How Crypto Embrace Will Affect Banks And Credit Unions
The second Trump administration has moved aggressively to promote crypto-friendly reforms and initiatives, and as the embrace of stablecoins and distributed ledger technology grows, community banks and credit unions should think strategically as to how they might use these innovations to best serve their customers, says Jay Spruill at Woods Rogers.