Contracts On Aliens, Hugs Aren't Gambling, Kalshi Tells Judge

By Brian Steele

The distinction between a futures contract and a wager could play a role in deciding whether Kalshi can offer certain sports-related transactions in Connecticut, a federal judge hinted Wednesday while hypothesizing about the legality of contracts on events like first contact with extraterrestrial life and world leaders greeting each other with a warm embrace.

3 documents attached | Read full article » | Save to favorites »

Chancery Rejects Coinbase Litigation Committee Sealing Bid

By Jarek Rutz

The Delaware Chancery Court partially rejected an effort by cryptocurrency company Coinbase Global Inc.'s special litigation committee to keep large swaths of the record sealed in an insider trading derivative suit, emphasizing the public's strong right of access to judicial proceedings.

Decision attached | Read full article » | Save to favorites »

Judge Tosses Patent Suit Over Decentralized Exchange Tech

By Adam Lidgett

A New York federal judge has thrown out a lawsuit accusing the companies behind Uniswap of infringing patents for smart contract technology used in decentralized exchanges, finding the patent claims didn't pass the U.S. Supreme Court's Alice test.

Order attached | Read full article » | Save to favorites »

Shkreli Can't Add Wu-Tang Members To Fight With Crypto Co.

By Elliot Weld

"Pharma Bro" Martin Shkreli can't drag two members of the Wu-Tang Clan hip-hop group into a suit brought by a crypto firm that claims Shkreli improperly retained copies of an album that it bought the rights to, a New York federal judge ruled on Wednesday.

Read full article » | Save to favorites »

Crypto Scam Victims Can't Sue Signature Bank, 2nd Circ. Says

By Katryna Perera

The Second Circuit has upheld the dismissal of a suit by a cryptocurrency trading club against the Federal Deposit Insurance Corp., as receiver of the failed Signature Bank, alleging negligence by the bank led to the club being defrauded and losing much of the $33 million invested in it.

Order attached | Read full article » | Save to favorites »

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.

2 documents attached | Read full article » | Save to favorites »

Fintech Group Of The Year: Skadden

By Katryna Perera

As the fintech sector continues to evolve and grow, Skadden Arps Slate Meagher & Flom LLP is dominating from the legal side, leading more than a dozen fintech initial public offerings in 2025, including the $713 million IPO of eToro Group Ltd., and earning the firm a spot as one of the 2025 Law360 Fintech Groups of the Year.

Read full article » | Save to favorites »

SEC's Atkins Says ESG Fund Names Rule Is Under Review

By Jessica Corso

U.S. Securities and Exchange Commission Chairman Paul Atkins told Congress on Wednesday that he has directed staff to review a Biden-era rule aimed at preventing false advertising by funds marketed to eco-conscious investors, though he didn't detail what specific changes were under consideration. 

Read full article » | Save to favorites »

Big Ten Athletes Back NCAA Campaign Against Prop Bets

By Ganesh Setty

Student-athletes in the Big Ten Conference have urged the NCAA to keep fighting to curb prop betting across college athletics, saying it not only threatens the integrity of college sports, but also poses a safety risk.

Letter attached | Read full article » | Save to favorites »

Paxful Sentenced To $4M Fine Over Compliance Failures

By Aislinn Keely

A California federal judge sentenced now-shuttered crypto exchange Paxful Holdings Inc. to a $4 million penalty in line with a December 2025 plea agreement that saw the firm cop to anti-money laundering failures that enabled illicit transfers of criminal proceeds.

Read full article » | Save to favorites »

Crypto Co. Owes Investors $55M After Failed Deal, Suits Say

By Carolina Bolado

Cryptocurrency firm Goliath Ventures Inc. has reneged on agreements to return capital to investors in cryptocurrency liquidity pools and failed to pay significant management fees, to the tune of nearly $55 million, according to three suits filed in Florida.

3 documents attached | Read full article » | Save to favorites »

Apple Keeps PTAB Win Over Fintiv Patent Claims At Fed. Circ.

By Adam Lidgett

The Federal Circuit on Wednesday upheld Apple's Patent Trial and Appeal Board win in its challenge to claims in a patent issued to the defunct Austin, Texas-based mobile payment startup that would become Fintiv.

Order attached | Read full article » | Save to favorites »

Legal Services Hiring Started New Year Off With A Bang

By Tracey Read

The legal sector is off to a good start in 2026, with 5,500 more people employed in lawyer, paralegal and other law-related professional roles last month than in December, according to seasonally adjusted data released Wednesday by the U.S. Bureau of Labor Statistics.

Read full article » | Save to favorites »

Feature

'Unflappable' Mass. Judge Emerges As Trump Foil

By Chris Villani

The newest member of the Massachusetts federal bench has made a name for himself as a thorn in the side of the Trump administration, a perception that stands in stark contrast to what friends and former colleagues describe as an unassuming and open-minded judge.

Read full article » | Save to favorites »

'It Takes Time To Write': Jackson On High Court's Tariff Ruling

By Katie Buehler

U.S. Supreme Court Justice Ketanji Brown Jackson has provided an unusual update on the court's decision over President Donald Trump's authority to impose emergency tariffs, saying in a TV interview that the justices are still working on what is one of their most anticipated rulings this term. 

Read full article » | Save to favorites »

Analysis

Not 'Your Dad's DOJ': Recapping Year One Under Bondi

By Phillip Bantz and Carolina Bolado

Even before her contentious congressional testimony on Wednesday, few U.S. attorneys general had been embroiled in so many controversies so early into their tenures as Pam Bondi, who critics and supporters alike say embodies a new era at the Justice Department.

Read full article » | Save to favorites »

Bondi Touches On Judges, Fraud, Subpoenas At Fiery Hearing

By Courtney Bublé

Attorney General Pam Bondi opened her congressional testimony on Wednesday taking aim at "liberal activist judges," but the rest of the hearing was devoid of any discussion or questions on the Trump administration's combative relationship with a large portion of the federal bench.

Read full article » | Save to favorites »

Goldstein Says He Lost Millions On Poker In 2016

By Jared Foretek

SCOTUSblog founder Thomas Goldstein told the Maryland federal jury in his tax fraud trial Wednesday that he lost nearly $3 million playing poker in 2016, directly contradicting charges that he underreported his gambling winnings, and pinned the blame for tax filing errors on his own miscalculations and shoddy work from his accountants.

Read full article » | Save to favorites »

SC High Court Probes Clerk's Misconduct In Murdaugh Appeal

By Parker Quinlan

The South Carolina Supreme Court on Wednesday closely inspected Alex Murdaugh's appeal claiming the jury in his high-profile double-murder trial was biased because of comments made by a clerk of court, voicing questions and statements favorable to the disgraced lawyer's arguments.

Read full article » | Save to favorites »

Md. Federal Judge Owns Up To Creating 'Abusive' Workplace

By Jack Karp

A Maryland federal judge has acknowledged creating an "abusive workplace" where clerks were chastised for minor errors, discouraged from asking questions and harshly criticized, according to a Fourth Circuit disciplinary order.

Order attached | Read full article » | Save to favorites »

Remote LSAT Testing To Largely End Amid Cheating Concerns

By Emily Johnson

Law school hopefuls will mostly need to sit for the Law School Admission Test — better known as the LSAT — in person starting in August rather than test remotely, a change designed to strengthen security after the exam provider ended remote testing in China over cheating concerns.

Read full article » | Save to favorites »

Ford Slams Lemon Law Attys' Bid To Escape Billing Fraud Suit

By Lauren Berg

Ford Motor Co. urged a California federal judge to keep alive its lawsuit accusing three Knight Law Group LLP-affiliated attorneys of orchestrating a massive fraudulent legal billing scheme, scoffing at the attorneys' argument that they are immunized from liability related to lemon law litigation they have pursued.

2 documents attached | Read full article » | Save to favorites »

Calif. Atty Wins $25K Fee Sanction Over AI Errors

By Emily Sawicki

A California federal court has ordered $25,000 in fee sanctions for a litigator representing a mobile app platform in a copyright and contract suit as reimbursement for work he said went into responding to an error-ridden motion and further resulting motion practice.

Order attached | Read full article » | Save to favorites »

Miami World Cup Counsel Share Look At Prep Work, Impact

By Nathan Hale

Counsel representing the FIFA World Cup's Miami Host Committee gave Law360 an inside look at their multifaceted work preparing for the upcoming event, which organizers say could have the economic impact of multiple Super Bowls.

Read full article » | Save to favorites »

Trio Leading NJ District Office Face New Disqualification Bid

By Elizabeth Daley

A criminal defendant who successfully challenged the appointment of Donald Trump's former personal attorney Alina Habba as New Jersey's top federal prosecutor joined other defendants in seeking to disqualify the trio now helming the office.

2 documents attached | Read full article » | Save to favorites »

Beasley Allen Wants Talc DQ Paused Pending High Court Appeal

By Jonathan Capriel

Hundreds of women who claim their ovarian cancer was caused by Johnson & Johnson's talcum powder risk appearing in an upcoming trial without their preferred counsel from the Beasley Allen Law Firm, unless a New Jersey state court stays an order disqualifying the firm, it said.

Brief attached | Read full article » | Save to favorites »

Morgan & Morgan, Former Aide Settle Disability, Age Bias Suit

By Lynn LaRowe

Personal injury law firm Morgan & Morgan PA and a former firm legal assistant have settled a Florida federal lawsuit that alleged age and disability discrimination, according to a filing in the court.

Notice attached | Read full article » | Save to favorites »

NYC Bar Pushes Gov. To Free Legal Aid Funds In Budget

By Andrea Keckley

The New York City Bar Association urged Gov. Kathy Hochul in a statement Wednesday to ensure the 2027 executive budget gives the New York State Interest on Lawyer Account Fund access to its revenue for civil legal services, noting the current proposed budget did not grant full spending authority.

Read full article » | Save to favorites »