FBI Seizes $1.2B In Crypto Tied To Binance Heist

By Dorothy Atkins

The FBI has seized more than $1.2 billion of cryptocurrency recently stolen from the world's largest crypto exchange, Binance, according to an FBI statement Thursday — the same day Binance announced that it has replaced all assets stolen in the heist.

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4th Circ. Curbs Gov't Access To Journos' Comms Via LinkedIn

By P.J. D'Annunzio

The Fourth Circuit has limited the scope of an order directing LinkedIn to give up journalists' communications with alleged sources on the professional networking website in response to a federal leak probe, noting that the government's ability to investigate potential violations of the law is tempered by the First Amendment.

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Anthropic, OpenAI Face Suit To Halt 'Insane' AI Development

By Dorothy Atkins

Nonprofits sued Anthropic, Google, Meta Platforms, OpenAI and SpaceXSI in California state court Thursday seeking to freeze the "insane" and "dangerous" development of advanced artificial intelligence that can escape human control, arguing the companies have no realistic way to stop the "catastrophic" events their own executives predict could occur.

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Anker Owes $20M In Surveillance Tech Patent Case, Jury Says

By Elliot Weld

A Texas federal jury on Thursday found that Chinese electronics firm Anker should pay Japanese rival NEC Corp. $20 million in damages for infringing three patents covering image processing and surveillance technology.

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Judge Says Stalker Owes $18.6M, Keeps Stay On Verizon Suit

By Aneeta Mathur-Ashton

A North Carolina federal judge has awarded a woman $18.6 million in a suit against her stalker while maintaining the stay of her suit against Verizon Communications Inc. over its allegedly allowing him to access her information.

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Meta Says DC Fed. Court Has Oversight Of FTC Settlement

By Aneeta Mathur-Ashton

A lawyer for Meta told a D.C. federal judge Thursday that his court has exclusive jurisdiction over a $5 billion privacy settlement from 2020, not the Federal Trade Commission.

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NYC Becomes 2nd City To Ban Data-Driven Pricing

By Lauren Berg

The New York City Council on Thursday overwhelmingly approved a measure to ban companies from using personal data to offer different prices to different customers for the same goods and services, becoming the second city to prohibit the increasingly prevalent practice known as surveillance pricing.

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Squires Grants Another 5 PTAB Petitions, Denies 2

By Dani Kass

U.S. Patent and Trademark Office Director John Squires has instituted five new patent challenges, largely in the pharmaceutical industry, in one of his final mass orders.

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FCC To Allow Router Changes For AT&T Supplier

By Christopher Cole

The Federal Communications Commission's staff has granted an AT&T gateway supplier a one-year exemption from a security restriction so that it can make hardware upgrades.

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7 Romanians Arrested In Attempted £200M Tax Fraud, UK Says

By Kevin Pinner

Seven people who HM Revenue & Customs suspected phished tax professionals for client data used to claim almost £200 million ($264.6 million) in fraudulent tax refunds were arrested in Romania on Thursday, the British tax authority said.

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Proskauer Won't Rep Perplexity In Reddit Data-Scraping Suit

By Matthew Perlman

Perplexity AI Inc. has abandoned its effort to have Proskauer Rose LLP defend against a data-scraping lawsuit from Reddit Inc. after Reddit raised concerns about the law firm's past representation of the social media company.

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DraftKings Sued Over Shifting Odds When Placing Sports Bets

By Alex Lawson

DraftKings is facing a proposed class action in Colorado federal court alleging the online sportsbook uses "deceptive interface design patterns" that lead bettors to place unintended wagers on live sport events.

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Baker McKenzie Sued Again Over Data Breach Affecting 54K

By Lauraann Wood

Baker McKenzie has been hit with more proposed class privacy claims over a data breach it suffered over the summer, this time in Illinois by a service provider who says his private information was compromised in the hack.

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Opinion

Large Meta Penalties Shouldn't Shape State AG Playbook

Meta Platforms' $17.1 billion settlement in California federal court and two New Mexico verdicts against the company resulting in large penalties are drawing renewed attention to the question of how state attorneys general should calculate civil penalties, but regulators and companies should treat the decisions as outliers, not a template, say attorneys at Troutman.

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Ex-Cravath Staffer Charged With Insider Trading

By Stewart Bishop

A former employee at Cravath Swaine & Moore LLP on Thursday was arrested and charged with insider trading for allegedly exploiting nonpublic information about major deals involving the firm's clients, including Paramount Skydance Corp.'s $110 billion acquisition of Warner Bros. Discovery Inc.

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Posner Remembered For Wide Influence, Pragmatic Approach

By Ryan Boysen

The iconoclastic, prolific and hugely influential U.S. Circuit Court Judge Richard A. Posner is being remembered for a lifetime of relentless advocacy for a more pragmatic approach to the law and a legacy that will ripple through American jurisprudence for decades to come.

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Remembering Richard Posner: A Prolific Jurist

Judge Richard Posner died Tuesday at age 87, leaving a legacy as one of the most influential members of the judiciary who never served on the U.S. Supreme Court. Here, Law360 revisits its coverage over the years of the prolific retired Seventh Circuit judge, including interviews with him about his pragmatic approach to the law, his belief that the courts mistreat pro se litigants and his love of felines.

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Foley Revamps Associate Pay, Advancement Structure

By James Boyle

Foley & Lardner LLP is the latest law firm to alter the way it handles associate compensation and advancement to keep in line with Milbank LLP's update of its own associate pay scale in July.

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Weil's 1,000 Staff Face 'Absorption' Issue In Hunt For Roles

By Daniel Moritz-Rabson

As the approximately 1,000 professional staff members at Weil Gotshal & Manges LLP look for new roles, they're likely to encounter a more difficult job market than the firm's attorneys, recruiters told Law360 Pulse.

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DOJ Exodus Leaves Trump Facing Confirmation Crunch

By Courtney Bublé

Since the Democrats' sweeping victories on Election Day, there has been an exodus of top officials at the U.S. Department of Justice and prospects for confirming permanent replacement are slim.

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Feature

The Go-To Firms For Insurance Litigation In 2026

By Hope Patti

A Florida-based law firm filed the most insurance coverage actions in the first half of 2026, primarily representing policyholders in property damage disputes, while BigLaw firm Gordon Rees Scully Mansukhani was the most frequent choice among insurer defendants.

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Senate Confirms First Judge Of Lame-Duck Period

By Courtney Bublé

The U.S. Senate confirmed Alabama Supreme Court Justice Gregory Cook to the Northern District of Alabama on Thursday, marking the first judicial confirmation of the lame-duck period.

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Arbitration Assoc. Wants Consumers' Monopoly Suit Tossed

By Rae Ann Varona

The American Arbitration Association urged an Arizona federal court Thursday to toss a proposed class action that accuses the organization of monopolizing the consumer arbitration services market, saying the plaintiff consumers are trying to hold it liable for contracts it never entered into.

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