U.S. Commodity Futures Trading Commission Chairman Michael Selig on Tuesday said his agency has rule proposals "ready to go" if Congress passes its Clarity Act to regulate crypto markets, and it will move forward with those rulemakings whether the bill succeeds.
U.S. Commodity Futures Trading Commission Chairman Michael Selig on Tuesday said his agency has rule proposals "ready to go" if Congress passes its Clarity Act to regulate crypto markets, and it will move forward with those rulemakings whether the bill succeeds.
A top U.S. banking agency said Tuesday that it has signed off on deposit insurance coverage for Augustus National Bank NA, advancing the newly chartered startup's plans to build out a full-service platform for crypto firms, high-net-worth clients and other players in the digital economy.
A Texas bankruptcy judge rejected motions by Linqto customers that sought an order forcing the investment platform to hand over shares in crypto company Circle Internet Group Inc., ruling that the customers' requests were legally deficient.
Payment processing company Stripe has asked a California federal court to confirm an arbitration award of more than $1.3 million in fees and costs that it won after beating claims from a merchant, whose payment processing account was terminated due to an extremely high volume of chargebacks.
A Florida federal judge on Tuesday granted a default judgment in favor of "Let's Go Brandon" meme coin investors in a class action alleging securities violations, saying that a purported founder of the digital currency vexatiously litigated the case.
Chinese e-commerce company Alibaba was hit Tuesday with a suit accusing it of misleading shareholders about both its status as a Chinese military company in the eyes of the U.S. government and about its allegedly ongoing illicit activity tied to accessing third-party artificial intelligence models.
Securities class actions tied to artificial intelligence and the battle over prediction market regulation both raise novel questions that courts are only beginning to address and that will continue to resonate throughout the second half of the year, say attorneys at Skadden.
How do in-house salaries vary across industries, roles, and organizational revenue? What compensation tools are companies using to lure top talent? Help Law360 Pulse answer these questions and more in this year's In-House Compensation Survey.
Insurance litigation defense firm Tyson & Mendes LLP confirmed to Law360 Pulse Tuesday that it is in "preliminary discussions" about taking private equity investment via a managed service organization.
Florida's Attorney General said Monday he is asking Congress to open an impeachment inquiry into U.S. Circuit Judge Nancy Abudu because of work she did before ascending to the Eleventh Circuit bench for the Southern Poverty Law Center.
Rabicoff Law and Ramey LLP have maintained their roles as top patent suit filers, while Fish & Richardson PC and Gillam & Smith LP have remained leaders on defense teams, according to Lex Machina's annual patent litigation report.
During his decades on the bench, U.S. District Judge Jed Rakoff has witnessed a slew of changes, particularly as technology has brought a rise in cybercrimes, as well as novel questions like whether AI-generated legal advice is privileged. But perhaps the biggest shift was in Rakoff's own views.
In a split vote, American Bar Association House of Delegates members on Tuesday elected to uphold a rule requiring law schools to demonstrate DEI standards, but then followed up with a vote allowing another path to removing the standards, in an effort to avoid the Trump administration's threat to strip the ABA of accreditation authority.
The founder of Patriot National Inc. was likely short millions of dollars when it finalized a private investment in public equity transaction at the center of his malpractice case against Simpson Thacher & Bartlett LLP, according to defense testimony on Tuesday at a Florida state trial.
Over the course of its two-day annual meeting, the American Bar Association's policymaking body, the House of Delegates, approved measures to urge further bar exam oversight and backed measures to support law schools at accredited historically Black colleges and universities.
The Senate Judiciary Committee voted to advance acting Attorney General Todd Blanche's nomination for the permanent position Tuesday, after Sens. Thom Tillis, R-N.C., and John Cornyn, R-Texas, said they would support him.
Ford Motor Co. has asked the Ninth Circuit to revive its racketeering lawsuit accusing three attorneys affiliated with Knight Law Group LLP of orchestrating a massive fraudulent billing scheme, saying First Amendment protections don't immunize the attorneys' underlying conduct in California lemon law litigation against the automaker.
A Connecticut state court judge allowed Day Pitney LLP to withdraw from a $1.3 million corporate windup feud after the involvement of one of its partners, a former chief justice on the state Supreme Court, came to light, negating the defendants' call for an evidentiary hearing on a motion to disqualify the firm.
A proposed class action data security suit against Fried Frank Harris Shriver & Jacobson LLP was voluntarily dismissed on Thursday following a joint motion to stay the case in April to undergo mediation.
Ashurst Perkins Coie won't have to turn over documents related to its predecessor firm's work for an Omani screw and nail manufacturer in international trade proceedings that are now the subject of a legal malpractice case, a Washington court has ruled, while also denying a discovery request from the firm.
More patent suits were filed in 2025 than in any year in the past decade, according to a new report, an increase attorneys said is likely tied to new U.S. Patent and Trademark Office policies that have made it harder to challenge patents.
Judge Thomas Schroeder of the Middle District of North Carolina has informed the president he will take semi-retired status at a date later in the future.
An attorney with the Bronx Defenders felt she had no other choice but to cross the picket line on Tuesday after an immigration judge ordered her to appear in court and the organization's managers did not commit to covering the proceedings without her, a union representative has told Law360.
