Fintech

  • May 28, 2026

    CFTC Seeks To Join Kalshi Fight Over Rhode Island Ban

    The U.S. Commodity Futures Trading Commission asked a Rhode Island federal judge to join Kalshi in its suit against the state of Rhode Island on Thursday, extending the commission's campaign to assert its regulatory authority over prediction markets.

  • May 28, 2026

    Mark Cuban Beats Bid To Move Crypto Investor Suit To Texas

    A Miami federal judge won't send dismissed crypto promotion claims against Mark Cuban and the Dallas Mavericks to Texas, noting the investors seeking to move the suit strenuously fought the move earlier in the litigation and now "decline to explain why their current about-face should be excused."

  • May 27, 2026

    Google Worker Charged With $1.2M Polymarket Insider Fraud

    A Google software engineer faces charges that he made more than $1.2 million by placing insider bets on Polymarket using the search giant's confidential data, and then tried to conceal his proceeds and actions, according to criminal and civil complaints unveiled Wednesday in New York federal court.

  • May 27, 2026

    CFTC Agrees To Abandon Biden-Era Gemini Crypto Settlement

    The U.S. Commodity Futures Trading Commission and the Winklevoss-owned crypto exchange Gemini have asked a New York federal court to vacate a $5 million settlement ending allegations that Gemini misrepresented a bitcoin futures contract, telling the court that the agency now believes its complaint shouldn't have been filed.

  • May 27, 2026

    CFTC Sends Prediction Markets Proposal To White House

    The U.S. Commodity Futures Trading Commission confirmed to Law360 on Wednesday that it has sent its planned rules for event contracts to the White House for review, marking another step toward issuing prediction market regulations amid jurisdictional battles with state gaming regulators.

  • May 27, 2026

    NC Gov. Bars State Employees From Insider Prediction Betting

    North Carolina Gov. Josh Stein on Wednesday signed an executive order banning public employees from using information they learn at work to make bets on prediction markets.

  • May 27, 2026

    Robinhood Urges 1st Circ. To Revive Mass. Regulatory Fight

    Robinhood has told the First Circuit it's time for a Massachusetts federal court to decide whether sports event contracts can be regulated by the state gambling commission, arguing "no legitimate basis exists" to wait for a state court to rule first.

  • May 27, 2026

    CFPB Sued Over 'Drastic' Rollback Of Fair Lending Rules

    The National Fair Housing Alliance sued the Consumer Financial Protection Bureau on Wednesday to overturn the agency's recent rollback of its fair lending regulations, challenging it as an unjustified, unlawful dismantling of protections against credit discrimination.

  • May 27, 2026

    Oct. 7 Victims Ask Court To Preserve Binance Terrorism Suit

    Cryptocurrency exchange Binance and its founder should not be allowed to exit the sole remaining claim that they aided and abetted Hamas' October 2023 attack in Israel, plaintiffs say, arguing that this case avoids the flaws that doomed a similar lawsuit.

  • May 26, 2026

    BofA Borrowers Urge High Court To Revisit NY Escrow Suit

    New York borrowers have urged the U.S. Supreme Court to again revive their claims for millions in mortgage escrow interest from Bank of America, arguing the Second Circuit's recent decision to free the bank for a second time still gets federal banking preemption wrong.

  • May 26, 2026

    Conn. Tribes Seek Role In CFTC Betting Preemption Fight

    The Mohegan Tribe of Indians of Connecticut and the Mashantucket Pequot Tribal Nation on Tuesday moved to intervene in the Commodity Futures Trading Commission's suit over Connecticut regulators' attempts to shut down certain prediction markets.

  • May 26, 2026

    Quinn Emanuel Sues To Collect $1.5M From Binance's Zhao

    Quinn Emanuel has filed suit in Washington, D.C., against former Binance CEO Changpeng Zhao, who was pardoned by President Donald Trump last fall, asking the court to enforce an arbitral award of nearly $1.5 million in unpaid attorney fees and other costs.

  • May 26, 2026

    MoneyLion Seeks To Shed Wash. Suit Over Referral Texts

    Fintech platform MoneyLion is looking to escape proposed class claims that it has violated Washington state laws with its customer referral program, arguing the allegations fail to show that the company helped users send referral messages to nonconsenting third parties.

  • May 26, 2026

    Crypto Co. Partner Looks To Escape $58M Fraud, RICO Suit

    The co-founder of a cryptocurrency data company accused by his former partner of a $58 million scheme to divert tokens offshore said the suit should be dismissed because it "impermissibly conflates" him with other business entities to bring additional contract claims.

  • May 26, 2026

    Fenwick Reaches $54M Deal To Exit FTX Litigation

    Fenwick & West LLP will pay $54 million to resolve claims from spurned FTX Trading Ltd. investors, according to a new set of settlements that will also end investors' disputes with the collapsed cryptocurrency exchange's former auditor and a former NBA star who promoted the platform.

  • May 22, 2026

    Law360 Reveals Titans Of The Plaintiffs Bar

    This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Google, Monsanto and the Trump administration, earning the attorneys recognition as Law360's Titans of the Plaintiffs Bar for 2026.

  • May 22, 2026

    Kalshi, Polymarket Can't Move Wash., Nev. Suits To Fed. Court

    Washington and Nevada regulators' lawsuits accusing prediction markets Kalshi and Polymarket of violating state gambling laws can proceed in their respective state courts, a Ninth Circuit panel ruled Thursday, denying the companies' arguments that the actions raise federal questions and thus belong in federal court.

  • May 22, 2026

    Banks, Ill. AG Duel Over Swipe-Fee Law's Fate On Remand

    Banking trade groups are urging a Chicago federal judge to follow a U.S. regulator's lead and confirm that Illinois' forthcoming restrictions on swipe fees are broadly preempted, pressing to capitalize on new federal rules that the state's attorney general says are "too little, too late."

  • May 22, 2026

    Crypto.com Stuck With Pen Register Claim In Tracking Row

    A California federal judge has significantly narrowed a proposed class action accusing the operator of cryptocurrency exchange Crypto.com of allowing third parties to track the browsing activities of website visitors who rejected the use of cookies, cutting all the plaintiffs' allegations except for a single claim under the pen register provision of the California Invasion of Privacy Act.

  • May 22, 2026

    FDIC Proposes AML, Sanctions Rule For Stablecoin Issuers

    The Federal Deposit Insurance Corp. on Friday issued a proposed rule to codify that stablecoin issuers under its supervision must comply with anti-money laundering, Bank Secrecy Act and sanctions requirements and to bolster the FDIC's coordination with the Treasury Department's illicit finance regulators.

  • May 22, 2026

    CFPB Small-Biz Rule Rollback Tees Up End To Ky. Bank Suit

    Kentucky banks have indicated they will drop their lawsuit over the Consumer Financial Protection Bureau's small-business loan data rule after the agency, now under the Trump administration, significantly scaled back the Biden-era reporting mandate.

  • May 22, 2026

    Committee Probes Insider Trading On Kalshi, Polymarket

    The House Committee on Oversight and Government Reform opened an investigation into potential insider trading on Kalshi and Polymarket on Friday with letters asking the prediction market platforms to hand over compliance information and documents related to headline-grabbing trades.

  • May 22, 2026

    OppFi Clinches Win Over $100M Calif. 'Rent-A-Bank' Case

    A California state judge has freed Opportunity Financial from a California state regulator's pursuit of at least $100 million in fines for alleged predatory lending, sealing the fintech firm's victory over long-running "rent-a-bank" claims that threatened its business model in the state. 

  • May 22, 2026

    Tussle Over Sports Prediction Markets Reaches Rhode Island

    Rhode Island has come into the legal fray over sports event contracts, as regulators in the Ocean State trade lawsuits with prediction market platforms over whether those offerings violate the state's sports betting laws.

  • May 22, 2026

    Fed, OCC Urged To Block 'Predatory' Enova's Bank Buy

    A pair of Senate Democrats cautioned financial regulators about greenlighting fintech lender Enova International's application to become a national bank holding company, calling it a "predatory lender."

Expert Analysis

  • Series

    NY Times Word Puzzles Make Me A Better Lawyer

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    Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

  • Revised Fed Principles Balance Risk And Remediation

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    The Federal Reserve's recently updated supervisory principles sharpen standards for enforcement actions while rewarding self-identification and remediation, signaling a more transparent approach that could reduce uncertainty and reshape how banks manage examination risk and regulator engagement going forward, say attorneys at Davis Wright.

  • Big Issues Linger After Senate Prediction Market Trading Ban

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    Whether the Senate can — or should — extend prediction market trading restrictions beyond itself will test not only the boundaries of insider trading law, but also the structural limits of legislative power in an era where information itself has become a tradable asset, say attorneys at Benesch.

  • Series

    Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • What Model Risk Guidance Update Means For Banks

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    Federal prudential regulators recently issued new model risk management guidance for banks that is designed to reduce prescriptive supervisory expectations and instead focus more on material financial risk, so banking organizations should reassess their model inventories, apply the new materiality framework and update their internal policies, say attorneys at Orrick.

  • Becoming The Biz-Savvy GC That Portfolio Companies Need

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    Candidates for general counsel roles at private equity-backed portfolio companies should prioritize proving their sector-specific experience, commercial judgment and ease with uncertainty — and attorneys hoping to be candidates in five to 10 years should start working on those skills now, says Dimitri Mastrocola at Major Lindsey.

  • Operational AI Washing: The Section 220 Information Strategy

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    Plaintiffs filing AI washing claims will likely use Section 220 of the Delaware General Corporation Law to obtain internal board records, but 2025 amendments have fundamentally changed the landscape of presuit shareholder document demands in ways that create both risk and opportunity for companies, say attorneys at Akerman.

  • Series

    Judges On AI: How Courts Can Survive The Tech Revolution

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    Colorado Supreme Court Justice Maria Berkenkotter and Colorado Court of Appeals Judge Lino Lipinsky de Orlov discuss how artificial intelligence has already fundamentally altered the legal system and offer tips for courts navigating deepfakes, hallucinations and a gap in access to AI tools.

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • Sentencing Tips For Defending Crypto Conspiracy Cases

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    The sentencing of Evan Tangeman to 70 months in federal prison for laundering money in a cryptocurrency conspiracy illustrates that defense attorneys representing clients in multidefendant crypto cases need to understand the mechanics of conspiracy liability, loss attribution and restitution exposure before they reach the sentencing table, says Joseph De Gregorio at Sentencing Advocacy.

  • Series

    Playing Basketball Makes Me A Better Lawyer

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    My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

  • Series

    The Biz Court Digest: Georgia Court Has Business On Its Mind

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    Thanks to recent legislation, the Georgia State-wide Business Court will soon offer business litigants greater access to the court than ever before, further enhancing the court's emphasis on efficiency, predictability and accessibility for sophisticated commercial disputes, says former GSBC judge Walt Davis at Jones Day.

  • How Treasury's Stablecoin Test Will Shape State Oversight

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    The Treasury Department's recently proposed principles for judging whether state stablecoin regimes are "substantially similar" to the federal framework signal that issuers should expect stricter benchmarking against the bank agencies' standards, limited state flexibility and heightened pressure to reassess compliance as rules take shape, say attorneys at Baker McKenzie.

  • Mass. Draft Regs Signal Nationwide Scrutiny Of Junk Fees

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    Massachusetts Attorney General Andrea Campbell's new draft regulations for assisted living facilities is only her latest move in the war on junk fees — and part of a national reordering of consumer protection enforcement in which states are aggressively and creatively asserting authority, says Steve Provazza at Arnall Golden.

  • CFPB Rule Recalibrates Fair Lending Compliance

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    A close reading of the Consumer Financial Protection Bureau's new final rule on fair lending enforcement reveals a thoughtful and disciplined effort to realign enforcement with statutory text, evidentiary rigor and practical compliance realities, says Alan Kaplinsky at Ballard Spahr.

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