Coinbase Gets Final OCC OK For Custody-Focused Trust

By Aislinn Keely

Crypto exchange Coinbase said Monday that the Office of the Comptroller of the Currency finalized its national trust charter, allowing the crypto exchange to launch its federally regulated crypto custody operation.

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Polymarket Adds Missouri Suit To Prediction Market Brawl

By Katryna Perera

Missouri was hit Monday with another lawsuit brought by a prediction market platform, this time with Polymarket filing a preemptive complaint to stave off a threatened gambling enforcement action by the state, as litigation over sports event contract offerings nationwide continues to grow.

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Fintech Platform Stiffed Acting CEO On Way Out, Suit Says

By Julie Manganis

A former interim leader at financial technology platform Advisor360 said in a lawsuit filed in Massachusetts state court that he was promised a retroactive pay bump for stepping into what was effectively an interim CEO role last year, only to be ousted after he sought to enforce the deal.

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CFPB Sends Mortgage Servicing Updates To White House

By Sarah Jarvis

The Consumer Financial Protection Bureau has submitted to the White House a final rule updating its mortgage servicing rules following a proposal under the previous administration that stemmed from lessons learned in the COVID-19 pandemic, though it wasn't immediately clear how the final rule compares to the proposed version.

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Ex-Finance Pro At The Trade Desk Cops To Insider Trading

By Pete Brush

A California financial planner Monday told a New York federal judge he traded on confidential earnings information of his then-employer, The Trade Desk Inc., admitting to insider trading charges after prosecutors accused him of making over $338,000 in illegal profits.

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Brief

USTR Extends Vietnam Section 301 IP Investigation

By Dylan Moroses

The U.S. Trade Representative is extending its investigation into Vietnam's trading practices for three more months, according to a notice published Monday.

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LGBCoin Defendant Hit With Sanctions Over Fake Citations

By Carolina Bolado

A Florida federal judge Monday handed investors in a "Let's Go Brandon" meme coin a win when he sanctioned LGBCoin Ltd. for bad-faith litigation tactics by entering a default judgment against the company.

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Key Themes In State Bank Supervisors' AI Exam Framework

The Conference of State Bank Supervisors' artificial intelligence supervisory framework introduces a set of optional questions and procedures for examiners, and it may bring meaningful consistency in how financial institutions' AI use and integration will be examined, say attorneys at Cooley.

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How NYC Consumer Bill Could Expand Private Claims

New York City's proposed Power Act could expose companies to sweeping private claims under its prohibition on unfair, deceptive, and abusive acts and practices, making regulatory compliance reviews and litigation-risk planning essential for businesses serving city residents, says Brian Turetsky at Hinshaw.

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How A Child Of Immigrants Defends Abrego Garcia

By Corey Rothauser

Hecker Fink attorney Jeffrey Then grew up translating English-language letters for customers at his Dominican immigrant family’s Bronx business. Decades later, he drew on that experience while defending Kilmar Abrego Garcia from federal human smuggling charges, becoming a lifeline for Abrego Garcia during his detention.

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Q&A

John Morgan On Why Luck Matters More Than Most Admit

By Y. Peter Kang

John Morgan, founder of personal injury giant Morgan & Morgan PA, built the largest personal injury firm in the U.S., with 1,110 attorneys in 140 locations. In his new memoir, "Life Is Luck," the attorney who Forbes estimates has a net worth of $1.5 billion argues that success is about more than talent, intelligence or determination. It is also about recognizing opportunities, taking risks and capitalizing on fortunate breaks when they appear.

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Wachtell To Probe Nvidia CEO's Affair With Alleged China Spy

By Anna Scott Farrell and Sue Reisinger

Nvidia has hired Wachtell Lipton Rosen & Katz to lead an investigation into allegations that its founder and CEO had an affair with a business executive who U.S. intelligence believes is a Chinese spy, the artificial intelligence chipmaker said Tuesday.

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Grassley Defends Rush To Confirm Trump Judicial Picks

By Courtney Bublé

Sen. Chuck Grassley, R-Iowa, chair of the Senate Judiciary Committee, on Tuesday defended how quickly the committee is moving to confirm President Donald Trump's judicial picks before Democrats control the Senate.

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Trump Swaps Out Blocked 8th Circ. Nominee With Ark. Justice

By Courtney Bublé

President Donald Trump on Tuesday withdrew his pick for the Eighth Circuit and replaced him with a different nominee amid apparent opposition from Arkansas' senators. 

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