Analysis

Sen. Crypto Bill Tees Up DeFi, Stablecoin Yield For Key Hearing

By Aislinn Keely

The Senate Banking Committee's latest proposal to regulate crypto markets takes on issues like decentralized finance, stablecoin interest and customer protections not addressed in previous versions, but experts said the text is far from final and much is to be hammered out at a key hearing this week.

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Credit-Card Fight Heats Up As Trump Backs Swipe Fee Bill

By Jon Hill

Bankers moved swiftly Tuesday to push back on President Donald Trump's late-night endorsement of legislation that he said will stop "out of control" credit-card swipe fees, his latest broadside against the credit card industry that has lenders on the defensive over costs.

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Tenn. Gaming Regulator's Kalshi Action Blocked For Now

By Katryna Perera

A Tennessee federal judge agreed to temporarily block state gaming regulators from taking enforcement action against Kalshi for its sports event contracts, adding another court ruling to a split pile of cases over the company's sports wagers nationwide.

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Sen. Warren Questions SEC On Crypto In 401(k) Plans

By Kellie Mejdrich

Sen. Elizabeth Warren sent a letter to the U.S. Securities and Exchange Commission in advance of a banking committee vote on cryptocurrency market structure legislation, asking how the agency will protect investors as the administration also pushes to broaden access to cryptocurrency in 401(k) retirement plans.

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KuCoin, Chainalysis Beat RICO Suit Over Hack Proceeds

By Emilie Ruscoe

The cryptocurrency exchange KuCoin and its blockchain analysis contractor no longer face proposed class action claims they turned a blind eye to money laundering on the platform, though a Manhattan federal judge found one of the alleged hack victims could revise certain claims against KuCoin.

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State Street Owes NC Investor $650K In Crypto Refund Suit

By Sydney Price

A North Carolina federal judge ruled that investment management firm State Street Global Advisors wrongfully withheld $650,000 from an investor who transferred cryptocurrency to a digital wallet, awarding him damages for his unjust enrichment and conversion claims, but not fees for his attorneys.

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Wilson Sonsini Guides Polygon Labs On $250M Crypto Deals

By Al Barbarino

Wilson Sonsini Goodrich & Rosati PC-advised Polygon Labs said Tuesday it has agreed to acquire crypto payments company Coinme and crypto infrastructure provider Sequence for more than $250 million, as it seeks to build a regulated stablecoin payments platform in the U.S.

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Old Glory Bank Plans Nasdaq Debut With SPAC Deal

By Katryna Perera

Old Glory Bank, a crypto-friendly lender led by several allies of President Donald Trump and former administration officials, announced Tuesday that it plans to merge with special purpose acquisition company Digital Asset Acquisition Corp. to create a Texas-based corporation named OGB Financial Co.

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Thompson Hine Lands Jones Day Finance Deals Pro In Atlanta

By Emily Johnson

Thompson Hine LLP has brought on a Jones Day counsel to its Atlanta office, strengthening its commercial and public finance practice with an experienced commercial finance transactional lawyer.

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Where States Jumped In When SEC Stepped Back In 2025

The state regulators that picked up the slack when the U.S. Securities and Exchange Commission scaled back enforcement last year should not be underestimated as they continue to aggressively police areas where the SEC has lost interest and probe industries where SEC leadership has actively declined to intervene, say attorneys at Morgan Lewis.

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Del. Dispatch: What Tesla Decision Means For Exec Comp

The recent Delaware Supreme Court decision granting Tesla CEO Elon Musk his full pay, now valued at $139 billion, following a yearslong battle appears to reject the view that supersized compensation may be inherently unfair to a corporation and its shareholders, say attorneys at Fried Frank.

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5 E-Discovery Predictions For 2026 And Beyond

2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

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No Jury Yet In Goldstein Trial, But Celeb Witnesses Possible

By Jared Foretek

Day two of jury selection in Tom Goldstein's tax and mortgage fraud case wrapped without a jury being seated Tuesday, but did reveal that the government could call celebrities Tobey Maguire and Kevin Hart to the stand.

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Ex-Duane Morris Tax Partner Charged With Murdering Wife

By Hailey Konnath

A former tax partner at Duane Morris LLP's Chicago office has been charged with killing his wife a little more than a year ago, according to an announcement made Tuesday by Illinois prosecutors.

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Beasley Allen Talc Work Sends 'Bad Signal,' J&J Says

By George Woolston

Johnson & Johnson's talc unit told a New Jersey appeals panel on Tuesday that a lower court's ruling permitting Beasley Allen Law Firm attorneys to represent plaintiffs in multicounty litigation over its talc-based baby powder "sends a very bad signal" to the state bar.

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Ex-Atty, Others Charged In Staged New Orleans Crash Scheme

By Hope Patti

A disbarred attorney was hit with new charges claiming that he induced a witness to commit perjury and obstructed justice in the federal investigation of an insurance scam involving staged car crashes in the New Orleans area.

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Halligan Blasts Court's 'Inquisition' Over US Atty Status

By Ryan Boysen

Lindsey Halligan said Tuesday that she is still the U.S. Attorney for the Eastern District of Virginia despite a recent ruling to the contrary, dismissing a federal judge's questions about why she's still using the title as an "inquisition" and a "gross abuse of power."

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Approach The Bench: Judge Bough On Ethics

Years of experience as a plaintiff's attorney influenced U.S. District Judge Stephen Bough's disclosure rules for litigators appearing in his court.

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DLA Piper Can't Counsel Hudson Hotel In Ch. 11, Judge Says

By Alex Wittenberg

A Delaware bankruptcy judge Tuesday rejected a bid by two bankrupt entities tied to the former Hudson Hotel to retain DLA Piper LLP as special counsel in their Chapter 11 case, saying the law firm's work for the entities' lender presented a conflict of interest.

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Sen. Whitehouse Presses AG On Boasberg Complaint Results

By Courtney Bublé

Sen. Sheldon Whitehouse, D-R.I., ranking member of the courts panel on the Senate Judiciary Committee, is calling for Attorney General Pam Bondi to release the results of the disciplinary complaint she filed against Chief U.S. District Judge James Boasberg of the District of Columbia when the investigation wraps up.

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Jack Smith To Testify Publicly Next Week

By Courtney Bublé

Former special counsel Jack Smith is slated to testify publicly before the House Judiciary Committee on Jan. 22 after, according to his attorney, having been "ready and willing" to do so for a while.

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4th Circ. Combines DOJ Appeals Of Comey, James Dismissals

By Jack Karp

The Fourth Circuit has granted the Trump administration's request to combine its previously separate appeals of the dismissals of prosecutions against former FBI Director James Comey and New York Attorney General Letitia James.

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