Counsel for a Maryland cybersecurity consultant on Tuesday told a Manhattan federal jury that a purported heist of well over $53 million from Uranium Finance didn't actually damage the decentralized crypto exchange, in closing arguments that took aim at the linchpin charge of computer fraud.
Counsel for a Maryland cybersecurity consultant on Tuesday told a Manhattan federal jury that a purported heist of well over $53 million from Uranium Finance didn't actually damage the decentralized crypto exchange, in closing arguments that took aim at the linchpin charge of computer fraud.
A Southern California tribe warned the U.S. Supreme Court on Tuesday that a recent Third Circuit decision blocking New Jersey from enforcing its gambling laws against Kalshi could threaten tribes' exclusive rights to regulate gambling on their reservations.
The U.S. Commodity Futures Trading Commission took another step toward widening the field of perpetual contracts by easing the way for platforms to convert certain existing contracts tracking security indices into true perpetual futures.
Federal Deposit Insurance Corp. Chairman Travis Hill on Tuesday defended a new rule that narrows what regulators can call out for supervisory criticism and potential enforcement at banks, saying the change is intended to focus their oversight, not water it down.
The Federal Reserve's top regulatory official said Tuesday that the central bank is overhauling how it manages its nationwide supervision operations, laying out plans for a reorganization aimed at streamlining the chain of command for its bank examination work.
The U.S. Securities and Exchange Commission has sued financial technology startup Kalder Inc. and its convicted founder and former CEO, alleging that they made false and misleading statements to investors in connection with a $6.7 million seed financing round.
Several developments from New York financial services regulators in the third quarter reflect a common theme — regulators are increasingly seeking to apply established supervisory expectations to newer market participants and emerging financial products, say attorneys at Blank Rome.
A former FBI agent has come forward with a claim that when U.S. Circuit Judge Emil Bove was at the U.S. Department of Justice, he directed the Los Angeles field office to illegally investigate protesters.
A pair of U.S. senators from Delaware have filed an ethics complaint with the Third Circuit raising concerns over U.S. Circuit Judge Jennifer Mascott's purported operation of a public affairs agency, months after she was officially confirmed to the appellate court.
Following widespread public outrage over how a former student's rape allegations were handled, Cornell University has hired former deputy U.S. attorney general and King & Spalding LLP partner Sally Yates to lead an internal review of its policies and procedures.
Chief Justice John Roberts has transferred the Federal Circuit's investigation of suspended U.S. Circuit Judge Pauline Newman to the Eleventh Circuit, the latter court said Tuesday.
Texas Supreme Court justices seemed hesitant to bar attorneys outright from using artificial intelligence voice transcription software during depositions, pointing out Tuesday that multiple safeguards exist to ensure accuracy.
The U.S. Department of Justice on Tuesday urged the Supreme Court to uphold precedent allowing states to use juries of fewer than 12 people in serious criminal cases, saying overruling it could unsettle thousands of convictions and force many states to change their criminal procedure laws.
When attorneys come before retired Judge Michael Panter, a former circuit court judge in Cook County, Illinois, they sometimes forget that he is not there to decide their cases, but to resolve them.
The U.S. Patent and Trademark Office said University of Virginia School of Law professor John F. Duffy has joined the agency as its general counsel and acting solicitor.
