A New York federal judge on Monday tossed the remaining claims in a proposed class action against Uniswap Labs and its venture capital backers that sought to hold them liable for the sale of so-called scam tokens on the decentralized Uniswap exchange, after the Second Circuit last year sent the case back to the district court for reconsideration.
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TOP NEWS

Uniswap, VC Backers Get Crypto Buyers' Suit Tossed Again

By Katryna Perera

A New York federal judge on Monday tossed the remaining claims in a proposed class action against Uniswap Labs and its venture capital backers that sought to hold them liable for the sale of so-called scam tokens on the decentralized Uniswap exchange, after the Second Circuit last year sent the case back to the district court for reconsideration.

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Justices Decline CashCall Challenge To $134M CFPB Award

By Jon Hill

The U.S. Supreme Court said Monday that it will not review a Ninth Circuit decision upholding a $134 million restitution award for the Consumer Financial Protection Bureau in a long-running case over a tribal lending program that ultimately lost millions for lender CashCall Inc.

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Senate Banking Dems Call For Binance Deal Compliance Probe

By Courtney Bublé

Senate Democrats on the banking committee are pressing the U.S. Department of Justice and U.S. Department of the Treasury to investigate reports that cryptocurrency exchange Binance Holdings Ltd. could be flouting the requirements of a 2023 settlement agreement. 

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Judge Signals Likely Trim Of Bitcoin Depot Data Breach Suit

By Chart Riggall

A Georgia federal judge signaled Monday that he would likely trim the range of claims that cryptocurrency ATM operator Bitcoin Depot is facing over allegations that the personal information of tens of thousands of American customers was compromised in a 2024 data breach.

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POLICY & REGULATION

Lawmakers Urged To Rein In Debt Settlement Industry

By Jon Hill

Lender trade groups on Friday urged Congress to tighten federal oversight of the debt settlement industry, warning of significant potential harm from companies that they said are increasingly pitching consumers on "strategic default" as a path to financial relief.

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LITIGATION

Billionaire's $5M Award Over Fintech Fight Surfaces In Fla.

By Joyce Hanson

A Finstar Financial Group affiliate has asked a Florida federal court to enforce an approximately $5 million London arbitral award against a Miami businessman, saying he has failed to pay off a loan Finstar made to an Irish fintech company he partly controls.

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Macy's, Petco, Starbucks Close To Dodging Payment IP Suits

By Dani Kass

A Texas federal judge is encouraging the court to free Macy's, Petco and Starbucks from litigation accusing them of infringing payment processing patents, saying they're covered under a license with the processors.

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EXPERT ANALYSIS

Fed's Abbreviated Supervisory Statement Packs A Big Punch

Language used in a recent three-page statement from the Federal Reserve Board charts a very clear shift in the supervision of banks and bank holding companies, departing from traditional "Fed speak" and emphasizing material financial risks in exams, says Joseph Silvia at Duane Morris.

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5 Different AI Systems Raise Distinct Privilege Issues

A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.

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LEGAL INDUSTRY

DOJ Nixes Plan To Drop Law Firm EO Appeals In About-Face

By Emma Cueto

A day after informing the D.C. Circuit that it would no longer seek to defend the executive orders issued by President Donald Trump against four law firms, the U.S. Department of Justice reversed course Tuesday, requesting permission to withdraw its motion to voluntarily dismiss the appeals.

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NY Judicial Watchdog Says Complaints Break Record Again

By Andrea Keckley

New York's judicial watchdog has reported a record number of new complaints filed against judges for the fourth year in a row in 2025.

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DOJ Turns To 2nd Circ. In Bid To Revive James Subpoenas

By Emily Sawicki

The U.S. Department of Justice is urging the Second Circuit to revive an investigation into New York Attorney General Letitia James launched by a federal prosecutor later found to have been serving unlawfully, arguing the acting U.S. attorney for the Northern District of New York had been rightfully appointed when he launched the probe.

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Winston & Strawn Hires Antitrust Partner From DOJ In DC

By Jack Rodgers

A Justice Department trial attorney who helped represent the government in its ad technology monopolization fight against Google has joined Winston & Strawn LLP's Washington, D.C., team.

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Buchalter Taps Product Liability Atty As Orange County Head

By James Mills

Buchalter PC has promoted a longtime products liability litigator to be the new head of its Orange County, California, office.

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Monthly Merger Review Snapshot

By Matthew Perlman

The U.S. Department of Justice got its antitrust case against Live Nation and Ticketmaster teed up for trial, as a court continues mulling the department's settlement last year in a case challenging a deal by Hewlett Packard Enterprise, and lawmakers call for scrutiny of Paramount Skydance's blockbuster acquisition of Warner Bros. Discovery.

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Early Publicity Could Poison DOJ's Criminal Cases, Attys Say

By Phillip Bantz

The U.S. Department of Justice under President Donald Trump has shrugged off long-standing prosecutorial policies against publicizing criminal probes in their early stages and disparaging the targets, an "unusual" and "troubling" development that threatens the integrity of investigations, grand jury proceedings and the right to a fair trial, experts tell Law360.

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Promo that reads 2025 Practice Groups of the Year

COMPANIES IN TODAY'S NEWS

Allied Security Trust

American Bankers Association

American Bar Association

Andreessen Horowitz LLC

Anthropic PBC

Apple Inc.

Assa Abloy AB

Binance Holdings Ltd.

Bitcoin Depot

Consumer Bankers Association

Cox Communications Inc.

Delta Air Lines Inc.

Downtown Music Holdings LLC

Getty Images Holdings Inc.

Google LLC

Grupo Aeromexico SAB de CV

HP Inc.

Hawaiian Holdings Inc.

Hewlett Packard Enterprise Co.

Impac Mortgage Holdings Inc.

Investments Ltd.

JUUL Labs Inc.

JetBlue Airways Corp.

Juniper Networks Inc.

LinkedIn Corp.

Live Nation Entertainment Inc.

London Court of International Arbitration

Macy's Inc.

National Association of Criminal Defense Lawyers

National Rifle Association of America

Netflix Inc.

Norfolk Southern Corp.

Progress Rail Services Corp.

Qorvo Inc.

Samsung Electronics Co. Ltd.

Shutterstock Inc.

Skydance Media LLC

Spectrum Brands Inc.

Starbucks Corp.

TSR Inc.

The Interpublic Group of Cos. Inc.

U.S. Anesthesia Partners

Union Square Ventures

Uniswap Labs

United Airlines Holdings Inc.

Universal Music Group NV

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

LAW FIRMS IN TODAY'S NEWS

Consumer Law Group

Almeida Law Group

ArentFox Schiff

Assouline & Berlowe

Baker & Hostetler

Ballard Spahr

Benaur Law

Buchalter LLP

Clement & Murphy

Consumer Law Group LLC

Cooley LLP

Dacus Law Firm

Debevoise & Plimpton

Duane Morris

George Brothers

Hewitt Wolensky

Jenner & Block

Keller Anderle

Kellogg Hansen

Kim & Serritella

Lauro & Singer

Law Office of Thomas J. Nolan

Manatt Phelps

Munger Tolles

Nelson Mullins

O'Melveny & Myers

Paul Weiss

Perkins Coie

Snell & Wilmer

Susman Godfrey

Troutman

UB Greensfelder

Webb Law Firm

Williams & Connolly

WilmerHale

Winston & Strawn

GOVERNMENT AGENCIES IN TODAY'S NEWS

Administrative Council for Economic Defense (CADE)

California Public Utilities Commission

Commodity Futures Trading Commission

Competition and Markets Authority

Consumer Financial Protection Bureau

European Commission

European Union

Executive Office of the President

Federal Bureau of Investigation

Federal Communications Commission

Federal Reserve Bank of Chicago

Federal Reserve System

Federal Trade Commission

New York Attorney General's Office

New York State Commission on Judicial Conduct

Ofcom

Office of Foreign Assets Control

Surface Transportation Board

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

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. Department of Transportation

U.S. Department of the Treasury

U.S. District Court for the Central District of California

U.S. District Court for the District of New Mexico

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

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

U.S. District Court for the Northern District of Georgia

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

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

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

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

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court