Fintech

  • October 29, 2025

    Visa Must Face Cardholders' Antitrust Claims, Judge Says

    A New York federal judge has trimmed two antitrust suits against Visa Inc. over its use of exclusive contracts in the U.S. debit card market, axing certain state law and damages claims but also finding that the consumer plaintiffs plausibly alleged the company's conduct suppressed competition.

  • October 29, 2025

    Bank Groups Press 5th Circ. To Rehear OCC In-House Case

    Banking industry groups have urged the Fifth Circuit to revisit a panel decision allowing federal regulators to try banking enforcement cases in-house, arguing the ruling was wrong and risks stripping thousands of banks and millions of bankers of their right to a jury trial.

  • October 29, 2025

    FBI Weaponized Loneliness, IS Crypto Funder Tells 4th Circ.

    A Virginia man sentenced to over 30 years for bankrolling the Islamic State group with cryptocurrency challenged his convictions to the Fourth Circuit, arguing the government investigated him for years primarily based on his distasteful Facebook posts while weaponizing his "loneliness" by introducing him to covert agents who entrapped him. 

  • October 29, 2025

    CFPB's Biden-Era Open Banking Rule Put On Hold

    A Kentucky federal judge on Wednesday barred the Consumer Financial Protection Bureau from enforcing its open banking rule until the regulator completes its reconsideration of the controversial data-sharing mandate.

  • October 29, 2025

    Dems Spotlight Risks Of Crypto, Private Equity In 401(k) Plans

    The Trump administration's support for cryptocurrency and other private market investments in American retirement plans is "dangerous," a group of Democratic senators told two agencies tasked with carrying out an executive order that aims to make it easier for retirement plans to feature such assets.

  • October 29, 2025

    Tesla Urges Del. Justices To Cut $176M Atty Fee In Options Suit

    Warning of a "shaking of public confidence," a Tesla Inc. attorney on Wednesday asked Delaware's Supreme Court to cut a $176.2 million class attorney fee award to $40 million in a case that saw Delaware's chancellor cancel $730 million in the electric car company's director stock options.

  • October 28, 2025

    Democrats Press Treasury, DOJ On Binance Founder's Pardon

    Senate Democrats pressed leaders of the U.S. Department of the Treasury and the U.S. Department of Justice on how President Donald Trump's recent pardon of Binance founder Changpeng Zhao affects their ability to "hold criminals accountable," arguing in a Tuesday letter that the clemency came after a deal that "enriched" the president.

  • October 28, 2025

    Treasury Urged To Embrace Tech In Crypto Compliance Push

    Cryptocurrency advocates and bank trade groups both urged the U.S. Department of the Treasury to issue guidance that will enable them to use novel technologies to keep up with illicit finance threats in digital asset markets, although banks cautioned the regulator to keep institutions and crypto upstarts on equal footing when it comes to burdens to fight money laundering.

  • October 28, 2025

    CFPB Calls Off Nonbank 'Fine Print,' Enforcement Registries

    The Consumer Financial Protection Bureau on Tuesday continued its rollback of Biden-era policies, finalizing the closure of its nonbank enforcement registry and formally scrapping a plan to track financial firms' use of liability waivers and other "fine print" contract terms.

  • October 28, 2025

    3 Firms Guide Apex Treasury's $300M Blockchain, Crypto IPO

    Special purpose acquisition company Apex Treasury Corp., guided by Perkins Coie LLP and Appleby (Cayman) Ltd., has completed a $300 million blockchain and cryptocurrency-focused initial public offering, which was supported by Pillsbury Winthrop Shaw Pittman LLP-led underwriters.

  • October 28, 2025

    Va. Justices Urged To Restore Record $2B Trade Secrets Win

    A software company fighting to regain a $2 billion trade secrets award urged the Virginia Supreme Court on Tuesday to affirm the verdict, arguing that an appellate court was wrong to disturb the conclusions from jurors and the trial judge.

  • October 28, 2025

    Apple Says Fintiv IP, Racketeering Case Belongs In Texas

    Apple Inc. is arguing that Texas, not Georgia, federal court is the right forum for Fintiv Inc.'s lawsuit accusing the technology giant of trade secret theft and racketeering, saying Fintiv is trying to repackage patent litigation from the Lone Star State, where Apple was partially cleared.

  • October 28, 2025

    Tokenization Co. Securitize Goes Public Via $1.25B SPAC Deal

    Securitize, advised by Davis Polk & Wardwell LLP, on Tuesday unveiled plans to go public by merging with Hughes Hubbard & Reed LLP-advised special purpose acquisition company Cantor Equity Partners II Inc. in a deal that values the tokenization provider at $1.25 billion.

  • October 27, 2025

    MIT Bros Go After 'Sandwichers' In $25M Crypto Heist Trial

    The CEO of Savannah Technologies on Monday took the witness stand in the trial of two MIT-educated brothers accused of stealing $25 million from the Israeli cryptocurrency trading firm and others, and quarreled with defense counsel over the appropriateness of the company's use of a controversial strategy known as sandwich trading. 

  • October 27, 2025

    $HAWK Buyers Get Suits Over Coin Flop Consolidated

    A New York federal court on Monday granted two groups of buyers of the viral "Hawk Tuah" meme-themed cryptocurrency to combine their securities suits against the meme coin's promoters and developers.

  • October 27, 2025

    Kalshi Sues NY Regulator Over Cease-And-Desist Letter

    Trading platform Kalshi on Monday accused the New York State Gaming Commission of intruding into the federal government's regulatory authority over derivatives trading, in a lawsuit following a cease-and-desist letter it received from the state regulator for allegedly illegal sports wagering.

  • October 27, 2025

    Trump Taps Ex-Willkie Atty For 2nd Shot At Filling CFTC Chair

    President Donald Trump has chosen a former Willkie Farr & Gallagher LLP partner and top attorney on the U.S. Securities and Exchange Commission's cryptocurrency task force to head the U.S. Commodity Futures Trading Commission, tapping the crypto industry advocate to lead an agency struggling with a leadership void.

  • October 27, 2025

    CFPB Says States Can't Enact Medical Debt Reporting Bans

    The Consumer Financial Protection Bureau said Monday that it now believes federal law blocks efforts by states to ban medical debt from credit reports or enact most other credit reporting rules of their own, breaking sharply from its Biden-era stance on the topic.

  • October 27, 2025

    Ex-Startup CFO's Crypto Wire Fraud Trial Begins In Seattle

    Federal prosecutors told a Seattle jury on Monday that the former chief financial officer of a Seattle-based startup committed wire fraud by funneling $35 million into his fintech venture that was wiped out during a subsequent cryptocurrency collapse, with defense counsel countering that "losing money with a bad investment is not a crime."

  • October 27, 2025

    PayPal Accused Of Hiding Evidence In Charity Donation Suit

    PayPal has been accused of abusing confidentiality rules by mislabeling documents as secret to unjustly shield its business practices from scrutiny amid a lengthening discovery dispute in a user's federal suit over the platform's charitable distributions.

  • October 27, 2025

    6th Circ. Judges Question FINRA's 'Voluntary' Membership

    Sixth Circuit judges probed the effect on private securities regulators of a U.S. Supreme Court decision limiting the U.S. Securities and Exchange Commission's use of in-house courts Monday, though a procedural issue may thwart the appeal.  

  • October 27, 2025

    Robinhood User Attys Forgo Fee Over 'Unusually High' Costs

    Attorneys representing Robinhood users said they will forgo fees after racking up "unusually high" costs brokering the $2 million settlement of a consolidated class action alleging the investing platform failed to disclose financial interests, affecting how customers' orders were handled.

  • October 27, 2025

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court and Delaware Supreme Court saw another busy week of disputes spanning biotech milestones, reincorporation showdowns, shareholder voting schemes and cryptocurrency fiduciary rights.

  • October 27, 2025

    Prime Core Ch. 11 Admin Says It Cashed Out Crypto For $35M

    The Chapter 11 plan administrator for defunct cryptocurrency custodian Prime Core told a Delaware bankruptcy judge Monday that it raised about $35 million by selling Prime's crypto assets and expects to begin creditor distributions early next year.

  • October 24, 2025

    JPMorgan Accuses Charlie Javice Of 'Abusive' Atty Fee Billing

    JPMorgan Chase & Co. on Friday asked a Delaware state judge to reverse a 2023 order requiring the bank to cover the legal fees of convicted Frank founder Charlie Javice, arguing that the court must put a stop to her "abusive billing."

Expert Analysis

  • Better Crypto Insurance Is Attainable Amid Regulatory Shifts

    Author Photo

    With regulatory clarity improving and insurance carriers taking an increasingly constructive approach, crypto industry participants can improve their insurance coverage and pricing if finance, legal and compliance teams take specific steps, say Walker Newell and Jacob Sawyer at Woodruff-Sawyer.

  • Protecting Sensitive Court Filings After Recent Cyber Breach

    Author Photo

    In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.

  • Series

    NC Banking Brief: All The Notable Legal Updates In Q3

    Author Photo

    There were several impactful changes to the financial services landscape in North Carolina in the third quarter of the year, including statutory updates, enforcement developments from Office of the Commissioner of Banks, and notable mergers, acquisitions and branch expansions, say attorneys at Moore & Van Allen.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q3

    Author Photo

    Of note in the third quarter of the year, New York state regulators moved forward on their agendas to limit abuse of electronic banking, including via a settlement with stablecoin issuer Paxos and a lawsuit against Zelle alleging insufficient security measures, says Chris Bonner at Barclay Damon.

  • Series

    Judging Figure Skating Makes Me A Better Lawyer

    Author Photo

    Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q3

    Author Photo

    The third quarter of 2025 brought legislative changes to state money transmission certification requirements and securities law obligations, as well as high-profile accounting and anti-money laundering compliance enforcement actions by the Department of Financial Protection and Innovation, say attorneys at Ropes & Gray.

  • What Ethics Rules Say On Atty Discipline For Online Speech

    Author Photo

    Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.

  • Balancing The Risks And Rewards Of Private Equity In 401(k)s

    Author Photo

    The recent executive order directing government agencies to consider encouraging private equity and other alternative investments in 401(k) plans does not change the fundamental fiduciary calculus or reduce risk, as success with private investments will depend on careful analysis of both participant demand and fiduciary obligations, say attorneys at Jenner & Block.

  • A Mortgage Lender's Guide To State Licensing Overhaul

    Author Photo

    Recent changes to the Conference of State Bank Supervisors' Nationwide Mortgage Licensing System require careful attention and planning from mortgage lenders, including tweaks to remote work designations and individual disclosure questions, says Allison Schilz at Mitchell Sandler.

  • 2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers

    Author Photo

    Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
    Author Photo

    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

  • As Student Loan Outlook Dims, What Happens To The Banks?

    Author Photo

    While much of the news around the student loan crisis focuses on the direct impact on young Americans' decreasing credit scores, the fate of the banks themselves — and the effect on banking policy — has been largely left out of the narrative, says Madeline Thieschafer at Fredrikson & Byron.

  • Digital Asset Report Opens Doors For Banks, But Risks Linger

    Author Photo

    A recent report from a White House working group discussing digital asset market structure signals how banks may elect to expand into digital asset custody, trading and related services in the years ahead, but the road remains layered with challenges, say attorneys at Foley & Lardner.

  • Series

    Power To The Paralegals: How And Why Training Must Evolve

    Author Photo

    Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.

  • Series

    Playing Softball Makes Me A Better Lawyer

    Author Photo

    My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Fintech archive.