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New York Law Journal

Chainalysis Beats $650 Million Lawsuit for Report Labeling Crypto Company 'Scam'

"The statute is still relatively new in the sense that the case law interpreting and applying the statute's standard for pleading-stage dismissal has continued to develop," said Ellyde R. Thompson, a partner at Quinn Emanuel Urquhart & Sullivan.
4 minute read

National Law Journal

SEC Lists 2025 Target Industries in 'Familiar Rubric'

"There is some level of uncertainty this year regarding pending SEC rulemaking," said Ryan Swan, a partner at Paul Hastings.
3 minute read

National Law Journal

Former CFTC Chair and SEC Commissioner Chart Election's Impact on Crypto and Capital Markets

"With respect to crypto, [Kamala Harris'] criminal prosecution background colors how she views the sector," said Paul S. Atkin, chief executive of Patomak Global Partners and U.S. Securities and Exchange Commission commissioner from 2002 to 2008.
4 minute read

Daily Business Review

'Horror of Horrors': Florida Judges Spar Over En Banc Review in Binance Ruling

"[T]here is no authority for this court's en-banc procedure to serve as a vehicle for some members to impose their judicial philosophy on other members who do not buy into it," First District Court of Appeal Judge Adam Tanenbaum wrote in his concurring opinion.
4 minute read

National Law Journal

Alabama Man Arrested After Causing Bitcoin Price to Surge, Then Plummet After Fake SEC Tweet

"The defendant allegedly deceived the public by impersonating the victim and making fraudulent statements on behalf of the SEC," Chad Yarbrough, the assistant director of the FBI criminal investigative division, said in a statement.
3 minute read

National Law Journal

Jump Trading Accused of Crypto 'Pump and Dump' Scheme

"Anytime you have people poking holes in something that somebody else did, whether they are regulatory or civil actions, it can help guide lawyers in providing better compliance advice to their clients," said Teresa Goody Guillén, a partner at Baker & Hostetler and a crypto expert.
4 minute read

New York Law Journal

Nasdaq-Traded Blockchain Company Countersues Financer Over 'Toxic Lending Practices'

"The parties never discussed these changes, which would result—if enforced in the case of a breach—in an unconscionable contract," Michael B. Carlinsky, co-managing partner at Quinn Emanuel Urquhart & Sullivan, wrote in the counterclaim.
4 minute read

National Law Journal

Bitnomial Exchange Preemptively Sues SEC Over Alleged Enforcement Conflict With CFTC

"This is about future contracts and who has jurisdiction over the trading of futures contracts," said Matthew F. Kluchenek, a partner at Katten Muchin Rosenman.
4 minute read

The American Lawyer

Sullivan & Cromwell Dismissed as Defendant in Lawsuit from FTX Investors

The dismissal follows a second report from an independent examiner that found Sullivan & Cromwell didn't ignore red flags in pre-petition work for FTX.
2 minute read

Law.com

Binance's Singapore-Based General Counsel Is Shattering Crypto's 'Bro Ceiling'

"The fact that it is a new, nascent industry provides women with the opportunity to be in those roles and to be able to progress very quickly," said Eleanor Hughes, general counsel for Binance.
4 minute read

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