Acting U.S. Attorney General Todd Blanche on Monday reiterated his commitment to his April 2025 directive instructing U.S. Department of Justice staff to focus their resources on bad actors rather than the creators of the crypto tools they use, saying attorneys representing crypto software developers "should feel very comfortable communicating" with his office to ensure prosecutors comply with the memo.
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WEDNESDAY, APRIL 29, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

DOJ's Blanche Says Scrutiny Is On Crypto Crimes, Not Coders

By Aislinn Keely

Acting U.S. Attorney General Todd Blanche on Monday reiterated his commitment to his April 2025 directive instructing U.S. Department of Justice staff to focus their resources on bad actors rather than the creators of the crypto tools they use, saying attorneys representing crypto software developers "should feel very comfortable communicating" with his office to ensure prosecutors comply with the memo.

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6th Circ. OKs Ohio Betting Enforcement Against Kalshi

By Alex Lawson

Ohio gambling regulators have the green light to crack down on Kalshi's sports event contracts after the Sixth Circuit denied the company's bid to keep them at bay amid litigation over whether those offerings violate state gambling laws.

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OCC Moves To Block Illinois' Limits On Card Swipe Fees

By Jon Hill

The Office of the Comptroller of the Currency has moved to block Illinois from enforcing its landmark swipe-fee law against national banks, issuing emergency rules that open a new front in an ongoing battle over the state's effort to curb merchant payment-processing costs.

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LITIGATION

Firms Seek $1.65M Fee In Interactive Brokers Settlement

By Tom Lotshaw

Counsel in a class action against Interactive Brokers LLC over allegedly faulty algorithms asked a federal judge to award about $1.65 million in attorney fees and $1.63 million in litigation expenses and approve a settlement worth $6.8 million.

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PEOPLE

Sullivan & Cromwell Alum Returns After 5 Years With DOJ

By Gina Kim

A former Sullivan & Cromwell attorney is returning to the firm after five years in the public sector working for the U.S. Department of Justice's criminal division, where he prosecuted high-profile insider trading cases and secured convictions for two former Merrill Lynch traders accused of manipulating the precious metals market.

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EXPERT ANALYSIS

Structuring Bank-Fintech Ties To Avert Risk

Bank-fintech relationships that can hold up to recent increased scrutiny must take into account a broad swath of structuring considerations including due diligence, compliance, documentation, and planning for a potential wind-down and termination, say attorneys at Nelson Mullins.

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What DOL Proposal Signals For 401(k)s, Alternative Assets

The U.S. Department of Labor recently published a highly anticipated proposed rule that could establish more defined pathways for 401(k) plan fiduciaries to consider investment options with greater alternative asset exposure, and help fund sponsors and investment managers develop such options, say attorneys at Cleary.

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DOJ's Superseding Policy Muddies Trade Crime Disclosures

The U.S. Department of Justice’s first agencywide voluntary self-disclosure policy is intended to standardize approaches across DOJ components, but the shift may prove difficult in trade controls cases under the National Security Division, which has long viewed sanctions and export control offenses as uniquely serious, say attorneys at Covington.

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LEGAL INDUSTRY

GrayRobinson Sued Over 'Reckless' Data Security Measures

By Adrian Cruz

GrayRobinson PA has been hit with a proposed class action accusing the Florida-based firm of negligence following the revelation of a March 2025 data breach that exposed the personal data of around 65,000 people.

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Judge Publicly Scolds 'Disgraced' Ex-Prosecutor For AI Errors

By Hayley Fowler

A North Carolina federal judge has eviscerated a former federal prosecutor in a public reprimand for his use of artificial intelligence to draft a response brief that was riddled with hallucinations, calling out the prosecutor's "lack of candor" and saying he "disgraced not only himself, but also the entire office he formerly served."

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Comey Indicted Again As Feds Call Seashell Message 'Threat'

By Phillip Bantz

Former FBI director James Comey was again indicted Tuesday by the Trump administration, this time over a social media post last year of an image of seashells arranged on a North Carolina beach to form the message "86 47," which prosecutors characterized as a threat of violence against the president.

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Maurene Comey Can Sue DOJ Over Firing, Judge Rules

By Phillip Bantz

Former Manhattan federal prosecutor Maurene Comey can move forward with her lawsuit alleging that President Donald Trump's administration fired her because she is the daughter of ex-FBI director and Trump's perceived enemy James B. Comey, a federal judge ruled Tuesday.

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ADT Blasts 'Speculative' Bid To DQ Ogletree From Bias Case

By Gina Kim

ADT LLC urged a Georgia federal judge on Monday to reject an attorney's motion to disqualify Ogletree Deakins Nash Smoak & Stewart PC from defending it against discrimination claims while concurrently defending Microsoft Corp. in the attorney's own pregnancy bias suit, arguing the two matters are wholly separate and unrelated so there's no conflict. 

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Nadine Menendez Says Feds Need To 'Look Into The Mirror'

By George Woolston

Nadine Menendez dug into her bid for bail while she appeals her conviction on a bribery scheme carried out with her ex-politician husband, telling a New York federal court that prosecutors refuse to own up to their handling of the "forced withdrawal" of her counsel.

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Brief

Teleflex Settles Catheter Patent Case Against Medtronic

By Elliot Weld

Medical device company Teleflex and Medtronic have reached a settlement to end a catheter patent dispute from which a judge recused himself after explaining he was "at a loss" on how to proceed.

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COMPANIES IN TODAY'S NEWS

ADT Inc.

American Bankers Association

Bank of America Corp.

Boston College

CME Group Inc.

Conference of State Bank Supervisors

Discord Inc.

Illinois Bankers Association

Illinois Credit Union League Inc.

Interactive Brokers Group Inc.

LinkedIn Corp.

MasterCard Inc.

Medtronic PLC

Microsoft Corp.

MilliporeSigma

National Association of Convenience Stores

PetIQ LLC

SAP AG

TD Securities Inc.

Teleflex Inc.

Vascular Solutions Inc.

LAW FIRMS IN TODAY'S NEWS

Carlson Caspers

Carroll Gilbert

Clarick Gueron

Cleary Gottlieb

Covington & Burling

Cozen O'Connor

Day Pitney

Dechert LLP

Flannery Georgalis

Fredrikson & Byron

GrayRobinson

Jones Day

Kopelowitz Ostrow

Koskoff Koskoff

McCurdy Laud

Nelson Mullins

Ogletree Deakins

Orgain Bell

Patterson Belknap

Schertler Onorato

Skadden Arps

Sullivan & Cromwell

Vorys

GOVERNMENT AGENCIES IN TODAY'S NEWS

Executive Office of the President

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Federal Emergency Management Agency

Federal Trade Commission

Illinois Attorney General's Office

MHA Nation

Office of the Comptroller of the Currency

Ohio Attorney General's Office

Ohio Casino Control Commission

U.S. Air Force

U.S. Attorney's Office for the Eastern District of North Carolina

U.S. Attorney's Office for the Northern District of New York

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Seventh Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Court of Appeals for the Tenth Circuit

U.S. Department of Commerce

U.S. Department of Defense

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of State

U.S. Department of the Treasury

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Minnesota

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Middle District of Florida

U.S. District Court for the Middle District of Pennsylvania

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Washington

U.S. House of Representatives

U.S. Office of Personnel Management

U.S. Supreme Court

United States District Court for the Southern District of Georgia