Kalshi is taking aim at a Minnesota ban on prediction markets that it says would turn it into a felon for operating in the state, filing a suit that follows a similar bid by the U.S. Commodity Futures Trading Commission to block the state law.
Kalshi is taking aim at a Minnesota ban on prediction markets that it says would turn it into a felon for operating in the state, filing a suit that follows a similar bid by the U.S. Commodity Futures Trading Commission to block the state law.
The U.S. Commodity Futures Trading Commission asked a Rhode Island federal judge to join Kalshi in its suit against the state of Rhode Island on Thursday, extending the commission's campaign to assert its regulatory authority over prediction markets.
Former NBA player Tristan Thompson sued cryptocurrency firm World Mobile Group Ltd. in Delaware Chancery Court, accusing the company of manufacturing bogus allegations to get out of its obligations under his $2 million brand ambassador deal while continuing to use his name, image and likeness.
The Consumer Financial Protection Bureau is moving forward with a return-to-office plan that will involve shifting to new headquarters, ending most telework and requiring field employees to relocate to the Washington, D.C., area starting this summer, Law360 has learned.
Blockchain infrastructure firm Paxos said Thursday that the U.S. Securities and Exchange Commission has signed off on its clearing agency registration for blockchain-based settlement in what Paxos said is a first-of-its-kind approval.
U.S. Sen. Elizabeth Warren, D-Mass., said Thursday that she wants answers from Bilt Rewards on reports that customers of the rent payment reward business have experienced transaction and payment issues stemming from the company's transition between bank partners.
The U.S. Securities and Exchange Commission on Thursday accused a Texas man of lining his pockets with millions of dollars in investor funds that he falsely promised would be used to trade cryptocurrency using an artificial intelligence-operated bot.
Texas Attorney General Ken Paxton urged a Massachusetts federal judge to toss a lawsuit claiming his fraud allegations against Democratic fundraising platform ActBlue are politically motivated, saying the Bay State court cannot interfere in his Texas case.
A Miami federal judge won't send dismissed crypto promotion claims against Mark Cuban and the Dallas Mavericks to Texas, noting the investors seeking to move the suit strenuously fought the move earlier in the litigation and now "decline to explain why their current about-face should be excused."
GMO-Z.com Trust and buyers of the GYEN stablecoin have received final approval of a $6.8 million deal to end the buyers' claims they suffered losses when the coin was "de-pegged" from the Japanese yen.
Visa's recently released framework clarifying how payments driven by artificial intelligence can occur without consumer-merchant interaction exposes compliance risks under disclosure and fee transparency laws that may require merchants and payment providers to rethink consumer protection as agentic commerce expands, say attorneys at Stinson.
While the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission’s recent proposal to streamline and lighten certain confidential reporting requirements could bring welcome changes for many private fund advisers, sponsors should consider important nuances of its potential impact, say attorneys at Simpson Thacher.
Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.
The Florida Supreme Court on Thursday amended the state's rules to require those filing court documents to check any artificial intelligence-generated content for accuracy, and allow for sanctions if the content contains errors.
SCOTUSblog founder Tom Goldstein said that the prosecutors who convicted him on 12 tax and mortgage fraud charges in February are now contradicting arguments they made at the end of his trial in their attempt to deny him a bench acquittal or new trial.
King & Spalding LLP and Lennon Murphy & Phillips LLC can't withdraw from representing clients in consolidated litigation over an alleged $300 million stock swindle, a Connecticut state court judge has ruled, saying the firms' motions ahead of a June trial lack good cause.
A Florida state appeals court has referred an appellant's attorney to the state's bar for disciplinary proceedings after filing a petition that appears to be generated by artificial intelligence and "raises frivolous arguments, misstates the law, and cites non-existent case law."
Camp Mystic in Texas' Hill Country should be sanctioned over "bad faith" conduct in litigation over flooding deaths last summer, including purported misrepresentations to courts and regulators and an alleged remark by one of its attorneys to a plaintiffs' lawyer that he would "burn in hell," a state court has been told.
President Donald Trump appears poised to nominate a real estate attorney turned tech entrepreneur for a top U.S. Department of Justice post that oversees grants and criminal justice programs.
Two Democratic Senate leaders asked the U.S. Department of Justice to preserve any records related to the settlement of President Donald Trump's suit against the IRS in a letter published Thursday, signaling that further investigations may be coming.
The U.S. Supreme Court's green light of negligent hiring claims against freight brokers in highway crash cases and an adverse verdict against Uber in the sexual assault multidistrict litigation lead Law360's Injury Law Roundup.
Former Florida Chief Justice R. Fred Lewis, who spent two decades on the bench of the Florida Supreme Court, has died at 78, the court announced Thursday.
In the decade and a half since starting his own firm, Deepak Gupta has argued seven cases before the U.S. Supreme Court, has won matters in state high courts from coast to coast, and has become a mainstay in federal appellate courts while building his plaintiff-side litigation boutique into a sought-after juggernaut.
