Analysis

A Snapshot Of Prediction Markets Litigation: Midyear Report

By Alex Lawson

Fierce litigation over sports offerings on prediction market platforms came to define the first half of the year for the sports betting industry. Here, Law360 breaks down the moments that defined prediction market litigation in the first half of 2026 and what attorneys will be watching in the months to come.

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CFTC Has 'Lost Its Way' On Prediction Markets, Ex-Chair Says

By Aislinn Keely

Former U.S. Commodity Futures Trading Commission Chair Timothy Massad said Monday that the agency has "lost its way" with a prediction market rule proposal that misinterprets the agency's mission and statutes to turn it into a national sports betting regulator.

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Kalshi's Prediction Market Biz Facing Shutdown In Washington

By Rachel Riley

A Washington federal judge Monday granted the state's bid to preliminarily enjoin Kalshi's operations in the state, agreeing with Attorney General Nick Brown that the prediction market platform offers unlicensed sports wagering and other illegal online gambling activities.

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Celsius' Goldstein Owes $2M, Banned From Crypto Trading

By Craig Clough

The former chief technology officer of Celsius Network must pay more than $2 million to the Federal Trade Commission as part of a settlement alleging the company's leaders knowingly made false statements to customers before the platform went bankrupt, a New York federal judge has ordered.

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Trump's CFPB Pick Pledges Up To 2-Year Capital One Recusal

By Jon Hill

Brian Johnson, a Capital One executive whom President Donald Trump has tapped to lead the Consumer Financial Protection Bureau, will temporarily sit out any agency matters that specifically involve the credit card banking giant if confirmed, according to a newly released ethics agreement.

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SEC Says Crypto Mining Co. Misused $20M From Investors

By Sydney Price

A Florida-based businessman and his company have partially settled claims from the U.S. Securities and Exchange Commission in Massachusetts federal court accusing them of fraudulently raising over $20 million with misrepresentations that investors would be repaid with funds based on the output of crypto mining assets.

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JPMorgan Infringed Privacy Tech Patents, Software Co. Claims

By Adam Lidgett

JPMorgan Chase's payment processing systems have been infringing a trio of patents covering technology meant to protect data during transactions, according to a lawsuit filed in Texas federal court.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week tackled disputes involving intellectual property, corporate control, fiduciary duties, artificial intelligence, trust administration and cryptocurrency litigation.

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OCC Letter Affirms Nat'l Banks' Shield From State Licensing

The Office of the Comptroller of the Currency recently published a letter supporting Fidelity Digital Assets' stance that state money transmitter licensing requirements do not apply to national banks, confirming the agency's long-standing interpretive position on this issue, say attorneys at Katten.

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JPMorgan Ruling Shows Courts' Limited Role In Fee Fights

The Delaware Chancery Court's recent decision that JPMorgan Chase must cover more than $21 million in disputed legal fees for two former executives of the startup Frank illustrates the reality that companies, not the courts, are responsible for ongoing supervision of legal spending, says Theodore Edelman at GCE Advisors.

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Preparing For Next Congress With Eye On Investigation Risk

Rod Rosenstein, Brian Whisler and Bruce Linskens at Baker McKenzie offer advice for organizations seeking to build a proactive response plan to potential congressional oversight as the election looms.

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How Competitive Is Your Pay? Last Call To Take Our Survey

Is your compensation keeping pace with the rate of inflation? Do you know what your colleagues made last year? Help Law360 Pulse answer these questions and more in this year's Law Firm Compensation Survey.

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Simpson Thacher Caused 'Chaos' With Deal, Jury Hears

By Cara Salvatore

The former chief financial officer of Patriot National Inc. testified to a Florida jury on Tuesday that "chaos" broke loose as funds that Simpson Thacher helped steward for the insurance services company hit public markets and executives found out that its terms differed from their understanding of them.

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Dems Press Skadden On Trump Pro Bono Pact, Intel Deal Work

By Lauren Berg

A group of Democrats demanded Tuesday that Skadden Arps Slate Meagher & Flom LLP disclose details of its pro bono arrangement with the Trump administration in light of allegations the firm advised both Intel Corp. and the U.S. Department of Commerce when the administration received a 10% company stake.

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Blanche Denies Conflict With Family's Firearms Company

By Courtney Bublé

Acting Attorney General Todd Blanche has close ties through his wife's family to a gun manufacturer that does federal contracting, but he told senators in questions following his confirmation hearing there is no conflict of interest, despite his service on a Justice Department task force aimed at rolling back gun control initiatives around the country.

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Trump, DOJ Sued For Firing Court-Appointed Seattle US Atty

By Bonnie Eslinger

Roger Rogoff, a former Washington state judge who was sworn in as Seattle's new U.S. attorney last week and then swiftly fired by the Trump administration, filed a federal lawsuit Tuesday against President Donald Trump and the U.S. Department of Justice, saying their "attempt to fire him cannot stand."

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Reagan-Appointed NC Federal Judge To Take Senior Status

By Courtney Bublé

U.S. District Judge Terrence William Boyle of the Eastern District of North Carolina plans to take senior status — a form of semi-retirement that gives federal judges a reduced caseload — at a date yet to be determined, according to a recent update from the federal judiciary.

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Senate Confirms Trade Court Pick Despite Past GOP Posts

By Courtney Bublé

The U.S. Senate voted 50-48 Tuesday evening to confirm Kara Westercamp, associate counsel to the president, to the U.S. Court of International Trade, who said during her confirmation in March she regretted her past social media posts critical of Republicans, including Sens. Mitch McConnell, R-Ky., Susan Collins, R-Maine, and the late Lindsey Graham, R-S.C.

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Bronx Public Defenders Set Strike Deadline

By Emily Sawicki

More than 300 unionized workers at legal aid organization The Bronx Defenders are set to walk out on July 27 if they cannot agree on a contract with the legal nonprofit's management, according to a Tuesday announcement.

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