Fenwick & West LLP and victims of the infamous FTX Trading Ltd. cryptocurrency scam are working toward a settlement in a case over the firm's alleged role in the trading platform's collapse.
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TUESDAY, FEBRUARY 3, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Fenwick Reaches Deal In FTX Crypto Scam Suit

By Madison Arnold

Fenwick & West LLP and victims of the infamous FTX Trading Ltd. cryptocurrency scam are working toward a settlement in a case over the firm's alleged role in the trading platform's collapse.

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Chancery Keeps Coinbase Insider Trading Suit Alive

By Jarek Rutz

The Delaware Chancery Court has refused to shut down a stockholder derivative suit accusing Coinbase Global Inc. insiders of reaping billions by selling shares ahead of a steep stock drop, concluding that the company's special litigation committee failed to meet Delaware's exacting independence standards.

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Nevada Judge Temporarily Halts Polymarket Sports Contracts

By Elaine Briseño

A Nevada state judge issued a temporary restraining order prohibiting Polymarket from offering sports contracts in the state for two weeks, finding that the platform's offerings constitute "gaming" under state law.

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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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LITIGATION

Logan Paul Says CryptoZoo Buyers' Latest Complaint Fails

By Emilie Ruscoe

YouTuber Logan Paul seeks to once again shed a lawsuit accusing him of using his CryptoZoo game project to conduct a so-called rug pull, arguing that the latest version of a suit filed in Texas federal court doesn't show he can be held liable for the entity's conduct.

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Catching Up With Delaware's Chancery Court

By Jeff Montgomery

A pair of new high-dollar suits in Delaware's Court of Chancery showed last week that post-deal stock appraisal suits still have legs, despite some efforts to reduce potential from deal-price gains challenges. The week ended with Delaware's justices nipping $100 million from the attorney fees owed by Tesla CEO Elon Musk from $176.2 million to roughly $70.9 million, rejecting part of a Court of Chancery fee calculation.

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PEOPLE

Former SEC Division Co-Chief Counsel Joins K&L Gates In DC

By Christine DeRosa

A longtime U.S. Securities and Exchange Commission attorney has made the jump to private practice, joining K&L Gates in Washington, D.C., the firm said Monday.

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EXPERT ANALYSIS

How 3 CFTC Letters Overhauled Digital Asset Guidance

The U.S. Commodity Futures Trading Commission recently issued three letters providing guidance for the use of digital assets in derivatives markets, clarifying the applicability of CFTC regulations across numerous areas of digital asset activities and leading to the development of standards to allow market participants to post digital assets as collateral, say attorneys at Morgan Lewis.

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Series

The Biz Court Digest: Dispatches From Utah's Newest Court

While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.

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How 2 Tech Statutes Are Being Applied To Agentic AI

The application of the Computer Fraud and Abuse Act and the California Invasion of Privacy Act to agentic artificial intelligence is still developing, but recent case law, like Amazon's lawsuit against Perplexity in California federal court, provides some initial guidance for companies developing or deploying these technologies, say attorneys at Weil.

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NYC Bar Opinion Warns Attys On Use Of AI Recording Tools

Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.

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LEGAL INDUSTRY

Paul Weiss Chair's Emails To Epstein Include Apollo Info

By Aebra Coe

Files released by the Department of Justice over the weekend belonging to the late billionaire Jeffrey Epstein show a yearslong relationship between Epstein and Paul Weiss chair Brad Karp, which included dinners, phone calls and meetings, as well as communication related to Paul Weiss client Apollo Global Management.

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Ex-Goldstein Employee Claims Accountants Made Mistakes

By Jared Foretek

Defense attorneys for SCOTUSblog founder Thomas Goldstein presented evidence Monday that his firm's tax accountants made serious mistakes in tax filings for Goldstein's wife, Amy Howe, in 2021.

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6th Circ. Clears Judge Boasberg In DOJ Ethics Complaint

By Courtney Bublé

The complaint the U.S. Department of Justice filed against Chief U.S. District Judge James Boasberg of the District of Columbia has been dismissed.

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Analysis

Wheeling & Appealing: The Latest Must-Know Appellate Action

By Jeff Overley

What happened to a GOP donor's $250,000 Swiss watch? Can cigarette warnings show jarring medical images? Will a circuit split of "far-reaching importance" for arbitration get even wider? That's a taste of the oral argument menu we'll help you digest in this preview of February's top appellate action.

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Watchdog Renews Halligan Bar Complaint After Court Rulings

By Emily Sawicki

The nonprofit Campaign for Accountability on Monday once again launched a bar complaint against former interim U.S. Attorney Lindsey Halligan in Virginia, after the Virginia State Bar declined to pursue an ethics investigation against the attorney last year, calling it a matter for the courts to determine.

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Brief

Judiciary Open As Usual Until Thursday Despite Shutdown

By Courtney Bublé

The federal judiciary has enough funding to sustain normal operations until Thursday, following the partial government shutdown that started at midnight on Saturday.

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DOJ Defends NJ US Atty Office Funding Amid Scrutiny

By Matthew Santoni

Defending the three-person leadership structure of New Jersey's federal prosecution operations since the departure of Alina Habba, an administrator told a federal court that two of the attorneys running the office are paid through the office's budget and the third is funded through the U.S. Department of Justice.

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Monthly Merger Review Snapshot

By Matthew Perlman

U.S. enforcers reached three new merger settlements, while the Federal Trade Commission successfully blocked a $945 million heart valve deal and lodged an appeal for its case targeting Meta's past acquisitions.

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The Top In-House Hires Of January

By Sue Reisinger

Legal department hires over the first month of 2026 included high-profile appointments at SiriusXM, at a host of West Coast tech companies including Microsoft and Meta, and at Black & Decker. Law360 Pulse looks at some of the top in-house announcements from January.

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Promo that reads 2025 Practice Groups of the Year

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

American Bar Association

American Industrial Partners

American Lung Association

Andreessen Horowitz LLC

Anywhere Real Estate Inc.

Apollo Global Management LLC

Apple Inc.

Aramark

Arctic Glacier Inc.

Assurance IQ LLC

BNSF Railway Co.

Binance Holdings Ltd.

BlackRock Inc.

BrightSpring Health Services

Brookfield Asset Management Ltd.

CITGO Petroleum Corp.

Campaign for Tobacco-Free Kids

Charter Communications Inc.

Citigroup Inc.

Coinbase Global Inc.

Columbus McKinnon Corporation

Comerica Inc.

Compass Inc.

Cox Communications Inc.

Democracy Forward Foundation

Elliott Investment Management LP

Epic Games Inc.

FalconX Ltd.

FedEx Corp.

Fifth Third Bancorp

Flipkart Internet Pvt. Ltd.

Fort Point Capital

Gelman, Rosenberg & Freedman

Google LLC

HSBC Holdings PLC

Henkel Corp.

Hewlett Packard Enterprise Co.

Home Box Office Inc.

Impossible Foods Inc.

Instagram Inc.

Intel Corp.

JELD-WEN Inc.

JM Family Enterprises

Janus Henderson Group PLC

Jefferies Financial Group Inc.

Jump Trading LLC

Juniper Networks Inc.

Kimberly-Clark Corp.

Kito Crosby

Kochava

LS Power Development LLC

Lambda Legal Defense & Educational Fund

Liggett Group LLC

LinkedIn Corp.

Live Nation Entertainment Inc.

Meta Platforms Inc.

Miami Heat

Microsoft Corp.

Moelis & Co.

NRG Energy Inc.

National Football Museum Inc.

National Treasury Employees Union

Netflix Inc.

New England Patriots LP

New York City Bar Association

Norfolk Southern Corp.

Qualia Labs Inc.

R.J. Reynolds Tobacco Co. Inc.

Reddy Ice Holdings Inc.

Santa Fe Natural Tobacco Co.

Seattle Seahawks

ServiceNow Inc.

Sevita

Sirius XM Radio Inc.

Skydance Media LLC

Spotify Technology SA

Stanford Health Care

Stanford University

Stanley Black & Decker Inc.

Suzano

Teck Resources Ltd.

Tesla Inc.

The Goldman Sachs Group Inc.

The University of Alabama System

Tyson Foods Inc.

U.S. Chamber of Commerce

U.S. News & World Report LP

Victory Park Capital Advisors LLC

Virginia State Bar

Walmart Inc.

Warner Bros. Discovery Inc.

WeWork Inc.

Yahoo Inc.

Zuora Inc.

Zynga Inc.

LAW FIRMS IN TODAY'S NEWS

Advisors LLC

Arnold & Porter

Audet & Partners

Bernstein Litowitz

Butler Snow LLP

Cleary Gottlieb

Cooley LLP

Crowell & Moring

Duane Morris

Ellzey & Associates

Fenwick & West

Fried Frank

Friedman Kaplan

Gibson Dunn

Goldstein & Russell

Gunster Yoakley

Gupta Wessler

Irell & Manella

Jenner & Block

Jones Day

K&L Gates

Kennyhertz Perry

Kirkland & Ellis

Kobre & Kim

Kozyak Tropin

Latham & Watkins

Leach & Walker

Lewis Brisbois

Meritz Reddy

Michael Best & Friedrich

Morgan Lewis

Munger Tolles

Orrick Herrington

Paul Weiss

Robbins LLP

Ross Aronstam

Selendy Gay

Smith Gambrell

Weil Gotshal

Wiley Rein

WilmerHale

Wilson Sonsini

Young Conaway

Ziegler Resnick

GOVERNMENT AGENCIES IN TODAY'S NEWS

Central Intelligence Agency

Commodity Futures Trading Commission

Competition and Markets Authority

Consumer Financial Protection Bureau

Delaware Court of Chancery

European Commission

Federal Bureau of Investigation

Federal Energy Regulatory Commission

Federal Trade Commission

Florida Supreme Court

Food and Drug Administration

Internal Revenue Service

Nevada Attorney General's Office

Nevada Gaming Control Board

New York Attorney General's Office

New York State Public Service Commission

Office of the Attorney General for the District of Columbia

Office of the Comptroller of the Currency

Surface Transportation Board

U.S. Attorney's Office

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

U.S. Attorney's Office for the District of New Jersey

U.S. Court of Appeals for the Ninth Circuit

U.S. Department of Agriculture

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the Central District of Illinois

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the District of New Jersey

U.S. District Court for the Eastern District of Virginia

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

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

U.S. District Court for the Western District of Texas

U.S. Environmental Protection Agency

U.S. General Services Administration

U.S. House of Representatives

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

Utah Legislature