A Connecticut federal judge denied Kalshi's bid to shield itself from the state's gaming regulators Monday, finding that the site's sports contracts likely flout state gambling laws.
A Connecticut federal judge denied Kalshi's bid to shield itself from the state's gaming regulators Monday, finding that the site's sports contracts likely flout state gambling laws.
Cryptocurrency kiosk operator Bitcoin Depot received confirmation Monday of its Chapter 11 liquidation plan, after a Texas bankruptcy judge narrowed third-party releases in the plan to cover only conduct that followed the debtor's bankruptcy filing.
A cryptocurrency mining and artificial intelligence data center in rural North Carolina is emitting a cacophony that is destroying local residents' quality of life, according to neighbors who allege the operators have refused to take steps to mitigate the alleged nuisance.
A top U.S. banking regulator has waded into a proposed class action accusing Bank of America NA of unlawfully sharing customer information with law enforcement after the Jan. 6, 2021, U.S. Capitol attack, arguing the bank can't use a key regulatory safe harbor to exit the case.
The National Credit Union Administration is poised for new leadership after senators on Friday confirmed Trump nominee John Crews to its board, whose acting Chairman Kyle Hauptman has departed for a seat on the Public Company Accounting Oversight Board.
The U.S. Securities and Exchange Commission both filed and settled a lawsuit in New York federal court Monday that accuses an investment manager of defrauding investors interested in taking positions in companies like SpaceX and Klarna before they went public.
A New York federal judge has ordered a cryptocurrency promoter to pay over $2.6 million to resolve claims from the U.S. Securities and Exchange Commission that he recruited investors into a $2 billion unregistered cryptocurrency lending program.
The U.S. Army sergeant facing allegations that he profited off his insider knowledge of the raid that captured former Venezuelan President Nicolás Maduro cannot challenge the U.S. Commodity Futures Trading Commission case against him while he faces criminal charges, a New York federal judge has ruled.
Financial firms' increasing adoption of artificial intelligence raises questions about how to control AI tools' access to nonpublic information to mitigate the risk of a trading, surveillance or enforcement problem, but designing policies to prevent misuse may help, say attorneys at Skadden.
Private credit disputes will increasingly turn on whether lenders recognized enterprise-value risk and updated marks as borrower conditions changed, making valuation processes, trigger frameworks and portfolio oversight critical for investors and litigants, say Isil Erel at the Ohio State University and Farooq Javed at The Brattle Group.
President Donald Trump's incoming White House counsel is a former personal attorney for the president who is already working for the White House and was at the U.S. Department of Justice during his first term.
Illinois Gov. JB Pritzker has signed into law a bill designed to target nonlawyer ownership of law firms, outlawing fee sharing with out-of-state alternative business structures and attempting to place restrictions on law firms' use of managed services organizations.
The Ninth Circuit's rejection of a spa's religious objections to serving transgender customers is incompatible with several major precedents, according to a U.S. Supreme Court petition filed Monday in litigation that soared in prominence when dozens of circuit judges decried a salacious dissent.
A California federal court rejected a bid Monday from Commercial Real Estate Exchange Inc., or CREXi, for a stay in CoStar's copyright case while CREXi looks to undo the disqualification of its attorneys from Quinn Emanuel Urquhart & Sullivan LLP.
A pair of business owners asked the Florida Supreme Court to reverse a decision affirming judgment in favor of Morgan Lewis & Bockius LLP in a dispute over whether the law firm had routed income through illegal tax shelters.
