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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WEDNESDAY, JANUARY 28, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Kalshi Taps Ex-Amazon State Policy Pro For New DC Shop

By Aislinn Keely

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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Crypto Network Cofounder Hit With $100M RICO Suit

By Gina Kim

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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9th Circ. Affirms Ripple's Early Win On Registration Claim

By Emilie Ruscoe

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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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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ENFORCEMENT & COMPLIANCE

SEC Settles 3 Insider Trading Cases for $1M

By Jessica Corso

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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DEALS

Mountain Lake's Second SPAC Raises Upsized $313M Offering

By Al Barbarino

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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EXPERT ANALYSIS

Crypto-Asset Strategy For Corporate Legal Leaders In 2026

As digital assets experience increased regulatory clarity, institutional adoption and technological maturity, in-house legal leaders must build strong policies this year and stay engaged with the evolving market to help their companies seize the opportunities of the digital asset era while managing the risks, say attorneys at Foley & Lardner.

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LEGAL INDUSTRY

Fla. Prosecutors' Detention Defense Met With Sanction Threat

By Adrian Cruz

The U.S. attorney for the Middle District of Florida, Gregory Kehoe, along with an assistant U.S. attorney have been threatened with sanctions by a federal judge for the methods their office used in defending the mandatory detention of noncitizens.

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Tobey Maguire Says He Rerouted Fee To Goldstein

By Jared Foretek

"Spider-Man" star Tobey Maguire told the jury Wednesday in Thomas Goldstein's tax fraud trial that he paid $500,000 for his legal services to another poker player the former SCOTUSblog founder owed money to, rather than Goldstein's law firm.

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Gibson Dunn Mentor Program Sets Up Attys For Success

By Tracey Read

January is National Mentoring Month. Law360 heard from attorneys who are in Gibson Dunn & Crutcher LLP’s firmwide mentorship program about its top benefits.

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Mass. Disbars Pot Shop Lawyer Convicted In Bribery Scheme

By Julie Manganis

A Massachusetts attorney convicted of attempting to bribe a Boston-area police chief to endorse his client's pot shop license has been disbarred, according to a notice released by the state's bar this week.

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NJ Atty Calls Fla. Bar's High Fees Unconstitutional

By Carolina Bolado

A New Jersey lawyer urged the Eleventh Circuit on Wednesday to revive his suit accusing the Florida Board of Bar Examiners of violating the dormant commerce clause by charging out-of-state attorneys disproportionately high fees to sit for the Florida bar exam.

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Longtime DOJ Antitrust Litigator Joins Duane Morris

By Christine DeRosa

A veteran antitrust litigator at the U.S. Department of Justice left the federal government to join Duane Morris LLP as a partner, the firm has announced.

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Tom Goldstein Saga Could Go From Courtroom To Big Screen

By Rachel Rippetoe

As federal prosecutors are two weeks into detailing SCOTUSblog founder Thomas Goldstein's storied descent into the world of high-stakes poker during his tax fraud trial in Maryland, Hollywood producers are gearing up to tell the same story on-screen.

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Ropes & Gray Adds 3 Partners In New York

By Christine DeRosa

Ropes & Gray LLP has expanded its offerings in New York with the addition of three attorneys, one each from Debevoise, Paul Weiss and Wachtell Lipton.

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Reciprocal Discipline Unfair After 'Ambush,' Atty Tells 4th Circ.

By Hayley Fowler

A solo practitioner in North Carolina whose law license was suspended for alleged tax crimes and trust account problems told the Fourth Circuit on Wednesday not to reciprocate the punishment, arguing his due process rights were violated and the underlying facts don't support disciplining him.

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Ex-DOJ Leader Joins High-Profile Litigation Group In DC

By Jack Rodgers

The former acting chief of the U.S. Department of Justice Civil Rights Division's Appellate Section has joined Washington Litigation Group, a boutique firm that is involved in several high-profile matters, including a lawsuit challenging the president's renaming of the Kennedy Center, and successfully blocked the appointment of Alina Habba as acting U.S. attorney in New Jersey.

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Firm Revenue Up 12.6% As Billing Rates, Demand Grew In '25

By Alison Knezevich

Increased billing rates and strong demand helped drive another financially successful year for the U.S. legal industry in 2025, according to survey results released Wednesday.

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ArentFox Schiff Launches Longevity Industry Group

By Gianna Ferrarin

ArentFox Schiff LLP on Wednesday announced the launch of a group geared toward advising companies focused on advancing wellness, preventive health care and the longevity of life.

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Prosecutors Form New Group To Fight Federal Overreach

By Ryan Boysen

Several progressive prosecutors have launched a new group to hold accountable federal officials who "exceed their lawful authority," amid a growing backlash to the Trump administration's immigration crackdown and the recent killing of two protesters by immigration agents in Minneapolis.

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Nomura Unit Taps Legal Chief To Steer Crypto Trust Bank Plan

By Aislinn Keely

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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Jeffer Mangels Picks New Vice Chair For Hospitality Team

By Isaac Monterose

Jeffer Mangels Butler & Mitchell LLP has picked its cybersecurity and privacy group co-chair to serve as the new vice chair for its global hospitality team, which currently employs more than 40 attorneys, the firm announced Monday.

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Promo that reads 2025 Practice Groups of the Year

COMPANIES IN TODAY'S NEWS

Affinity Group

Amazon.com Inc.

American Airlines Group Inc.

American Bar Association

American College of Trial Lawyers

Axos Financial Inc.

BTIG LLC

CoinDesk LLC

Democratic Congressional Campaign Committee

FalconX Ltd.

Francisco Partners

HSBC Holdings PLC

JetBlue Airways Corp.

LinkedIn Corp.

Morgan Stanley

Nasdaq Inc.

National Association of Attorneys General

New York County Lawyers' Association

New York Law School

New York University

North Carolina Bar Association

North Carolina State Bar

Ripple Labs Inc.

Sage Therapeutics Inc.

Spirit Airlines Inc.

The Florida Bar

The Goldman Sachs Group Inc.

UCLA School of Law

University of Miami

Wells Fargo & Co.

LAW FIRMS IN TODAY'S NEWS

Adams & Reese

Apollo Law LLC

ArentFox Schiff

Arroyo Law Firm

Ballard Spahr

DeBenedictis & DeBenedictis

Debevoise & Plimpton

Duane Morris

Ellenoff Grossman

Faegre Drinker

Foley & Lardner

Gibson Dunn

Goldstein & Russell

Jeffer Mangels

Jones Day

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Leach & Walker

Liang Ly LLP

Libby Hoopes

Messer Caparello

Munger Tolles

Napoli Shkolnik

Paul Weiss

Ropes & Gray

Spears Manning

Susman Godfrey

Taylor Copeland Law

Wachtell Lipton

Weil Gotshal

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Commonwealth of Massachusetts

Delaware Court of Chancery

Equal Employment Opportunity Commission

European Parliament

European Union

Federal Bureau of Investigation

Federal Trade Commission

Food and Drug Administration

Internal Revenue Service

Massachusetts Board of Bar Overseers

Minnesota Attorney General's Office

Mississippi Attorney General's Office

Office of the Comptroller of the Currency

U.S. Attorney's Office for the District of Connecticut

U.S. Attorney's Office for the District of Maryland

U.S. Attorney's Office for the Eastern District of Virginia

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the First Circuit

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Customs and Border Protection

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Maryland

U.S. District Court for the District of Massachusetts

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Middle District of Florida

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of New York

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Supreme Court