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April 17, 2026
The U.S. Securities and Exchange Commission on Friday brought a fraud suit over a crypto project known as Bitcoin Latinum, accusing its founder and affiliated business entities of bilking investors out of $16 million with false claims that the token would be insured and "asset-backed."
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April 17, 2026
The former chief executive officer and former chief financial officer of a bankrupt artificial intelligence firm were indicted in Brooklyn Friday on charges that they defrauded investors and banks by lying about having customers in order to inflate company earnings to the tune of hundreds of millions of dollars.
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April 17, 2026
The U.S. Supreme Court's final argument session of this term kicks off Monday, when the justices will consider the U.S. Securities and Exchange Commission's authority to seek disgorgement orders against alleged wrongdoers without proving investors were harmed. Here, Law360 breaks down the week's oral arguments.
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April 17, 2026
GMO-Z.com Trust has agreed to pay $6.8 million to end a class action from buyers of the GYEN stablecoin who say they suffered losses when the coin was "de-pegged" from the Japanese yen, according to a motion for final settlement approval.
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April 17, 2026
Norfolk Southern opposed a class certification bid in Georgia federal court Thursday by investors alleging it misrepresented safety practices up until the fiery train derailment in East Palestine, Ohio, arguing the lead plaintiffs' claims are atypical and, accordingly, are inadequate representatives for those who bought company stock after the derailment.
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April 17, 2026
A New York City grand jury has indicted a former church board member on counts related to the theft of more than $3.8 million from the Manhattan-based Swedish Church of New York, also known as the Swedish Seamen's Church.
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April 17, 2026
A Las Vegas man agreed to plead guilty in Nebraska federal court to conspiracy to commit mail and wire fraud for his role in a $45 million CoinDeal investment fraud scheme, admitting that he controlled company bank accounts that took in approximately $14.2 million in investor money obtained through false promises of huge returns.
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April 17, 2026
A California federal judge has permanently tossed a proposed class action against Caitlyn Jenner over the $JENNER cryptocurrency token she created and promoted, finding that the digital assets in question are not securities.
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April 17, 2026
Lockheed Martin can't escape a proposed class action alleging the company breached fiduciary duties under federal benefits law by offering underperforming proprietary target-date fund offerings in several employee 401(k) plans worth approximately $50 billion, after a New Jersey federal judge largely refused to toss the dispute.
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April 17, 2026
The D.C. Circuit on Friday ordered the U.S. Securities and Exchange Commission to better explain why it denied a whistleblower award to an anonymous individual who brought forth information that led to a successful enforcement action, ruling that the agency needs to reconsider the alleged whistleblower's petition.
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April 17, 2026
A fintech founder can't hit pause on U.S. Securities and Exchange Commission claims he defrauded investors in a special purpose acquisition company as another court weighs whether to toss his claims that the regulator sued him improperly during last year's government shutdown.
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April 17, 2026
A Texas man has been sentenced to 23 years in prison by an Illinois federal judge for stealing more than $20 million from investors through a cryptocurrency scheme in which he falsely claimed his so-called Meta-1 Coin was backed by $1 billion in fine art and $44 billion in gold.
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April 16, 2026
A Ninth Circuit judge appeared skeptical Thursday of requests by KalshiEX LLC, Crypto.com and Robinhood to block Nevada from enforcing state gambling laws against sports and election-related contracts, telling Robinhood's counsel "I don't buy" the companies' regulatory interpretation and slamming a Crypto.com argument as "sophistry to the nth degree."
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April 16, 2026
The U.S. Sentencing Commission on Thursday voted to enact multiple revisions to the federal sentencing guidelines, including the first inflationary adjustment in over a decade for calculating penalties for economic crimes, but declined to take action on a series of more transformational changes that were under consideration.
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April 16, 2026
U.S. Commodity Futures Trading Commission Chair Michael Selig on Thursday dismissed lawmakers' concerns that his agency may be understaffed for a widening mandate that includes policing prediction markets, and insisted he won't delay rulemaking while he waits for the president to appoint other commissioners.
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April 16, 2026
A Florida state court judge on Thursday declined to pause a lawsuit over taking Trump Media & Technology Group public, saying the backers of President Donald Trump's Truth Social platform haven't shown good reason to delay a July trial start date while they appeal an order denying their bid to depose the president.
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April 16, 2026
The head of a California-based trading firm has been accused by federal prosecutors and the U.S. Securities and Exchange Commission of defrauding at least 400 investors out of about $40 million with false representations about his success and Ponzi-like payments.
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April 16, 2026
A New York federal judge has ordered a former day trader to explain why he still owes the U.S. Securities and Exchange Commission over $193,000 nearly four years after he agreed to settle the regulator's claims that he manipulated prices for certain securities in the final minutes of trading days.
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April 16, 2026
The Office of the Comptroller of the Currency said Thursday it has ended a Biden-era consent order with JPMorgan Chase over its trade surveillance monitoring, which was at the center of hundreds of millions of dollars in fines for the banking giant two years ago.
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April 16, 2026
The Federal Reserve Board on Thursday ordered a Georgia bank holding company to retain and raise capital as part of a consent order tied to its small business and agricultural lending that examiners raised concerns about earlier this year.
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April 16, 2026
Prediction market platform Kalshi contends that a suit brought against the company by Michigan's attorney general alleging violations of state gambling laws should stay in federal court and not be remanded to state court.
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April 16, 2026
The U.S. Securities and Exchange Commission is asking the public how it might overhaul a key market surveillance tool to cut down on cost overruns and confront legal challenges, floating the question Thursday of whether the database should exist at all in its current form.
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April 16, 2026
A Texas appellate court has found that a company accused of charging a collector wildly overvalued prices for coins cannot use the state's anti-SLAPP law to have a complaint brought by the man's family dismissed, saying the company's speech was commercial in nature and therefore not covered by the statute.
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April 16, 2026
Charles Schwab on Thursday announced the launch of its new spot cryptocurrency trading offering that will provide retail clients direct access to bitcoin and ethereum trading, developed with the guidance of Paul Hastings LLP.
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April 16, 2026
A Chicago-based real estate investment trust has reached a $56 million settlement in a sprawling, multidistrict antitrust class action that claims the REIT and multiple landlords used property management software company RealPage Inc.'s revenue management software for rent price-fixing.