CFTC Says CME Perps Fight Is 'Much Ado About Nothing'

By Aislinn Keely

The U.S. Commodity Futures Trading Commission told a D.C. federal judge that the Chicago Mercantile Exchange's suit over the agency's approval of Kalshi's bitcoin perpetual futures contract is "much ado about nothing" since the derivatives exchange is free to list its own version of the product.

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Jump Trading Must Face Terraform Stablecoin Fraud Claims

By Aislinn Keely

Crypto trading firm Jump Trading LLC and its subsidiaries must face the bulk of a proposed securities class action from investors who claim it misled them and manipulated the market for Terraform Labs' stablecoins in the lead up to the stunning collapse of the Terraform ecosystem.

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OCC Gives Initial Nods To Digital Banks Revolut, OpenReserve

By Katryna Perera

The Office of the Comptroller of the Currency preliminarily approved charter applications from European digital bank Revolut and blockchain-based bank OpenReserve to establish national banks in the United States.

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Polymarket Accused Of Using Fake Wins To Woo US Users

By Jared Foretek

A D.C. resident's proposed class action accusing Polymarket of using paid influencers to stage fake trading wins on sham sites was moved to D.C. federal court Wednesday, carrying allegations that the company used the faked videos to get around a settlement that barred it from advertising to Americans.

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SEC Moves To Scrap 'Pay-To-Play' Political Donation Rule

By Lauren Berg

The U.S. Securities and Exchange Commission on Thursday issued a proposal to rescind a rule regarding political contributions made by investment advisers, which agency Chair Paul Atkins called "overly prescriptive."

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GAO Flags Bank Disclosure Review Gaps After 2023 Failures

By Sarah Jarvis

The U.S. Government Accountability Office urged Congress Thursday to consider closing a gap that allows certain publicly traded banks to not make the same type of investor disclosures as banks whose investor filings are reviewed by the U.S. Securities and Exchange Commission, pointing to the bank failures of 2023 as a reason why.

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Series

Ballet Makes Me A Better Lawyer

A lifetime of learning and performing ballet taught me that success — whether in dance or practicing law — comes only through hours of thorough preparation, boundless energy and relentless effort, says Sharon Katz-Pearlman at Greenberg Traurig.

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Quinn Emanuel, McDermott Hit By Data Breaches

By Lauren Berg

Quinn Emanuel Urquhart & Sullivan LLP and McDermott Will & Schulte LLP both recently suffered data breaches, adding to the dozens of cybersecurity incidents law firms in the U.S. have suffered in 2026.

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Analysis

Boutique Firms Emerge As Trump Admin's 'Achilles' Heel'

By Phillip Bantz

Less fearful of retribution than some of their BigLaw counterparts, small law firms are taking on an outsize role handling cases seen as adversarial to the Trump administration.

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Interview

Federal Judge Warns Threats Imperil Judicial Independence

By Carolina Bolado

U.S. District Judge Beth Bloom of the Southern District of Florida told Law360 that judges and members of the bar need to educate the public on the judiciary's important role in American democracy to combat increasing threats, speaking following the release of two reports this week that warn of safety concerns for judges and that defiance of court orders is undermining the federal judiciary's independence.

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Husch Blackwell Gets Early Win In Ex-Partner's 401(k) Suit

By Andrea Keckley

A Missouri federal court granted Husch Blackwell LLP an early win over a former employee's proposed class action alleging the firm illegally withheld retirement contributions and mismanaged its employee 401(k) plan, finding the ex-partner couldn't prove violations of federal benefits law.

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Former Girardi Keese CFO Drops Appeal Of 5-Year Fraud Term

By Emily Sawicki

The Seventh Circuit has granted onetime Girardi Keese financial chief Christopher Kamon's request to drop the appeal he lodged fighting an Illinois federal judge's order adding five concurrent years onto the 10 he is already serving for his role helping Tom Girardi, the head of the firm, steal millions from plane crash clients who settled cases in Chicago.

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Pirro Urges House Ethics Panel To Refer Crime Claims To DOJ

By Courtney Bublé

U.S. Attorney for the District of Columbia Jeanine Pirro has told the House Ethics Committee that as cases involving criminal misconduct come before it, her office should be involved too.

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Fox Rothschild Says Adult Day Care Suit Rehashes Claims

By Rose Krebs

Fox Rothschild LLP is urging a New Jersey state court to toss claims against the firm and one of its attorneys in a complaint related to the firm's prosecution of a fraudulent loan lawsuit that led to a $65,000 sanction against the firm.

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