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National Law Journal

Prominent Conservative Bitcoin Advocate Sues Crypto Startup

"I just want my money back," said Derek Khanna, who holds several roles and side hustles, including head of policy and general counsel for the Bitcoin Advocacy Project.
3 minute read

Litigation Daily

A Look Back at 'Goldman Sachs': How Price Impact Is Changing Securities Class Actions

"Courts have started to apply the 'Goldman' framework in the context of class certification," said Sullivan & Cromwell co-chair Robert Giuffra, who represented the bank in the case the Second Circuit decided a little more than a year ago. "And so it's becoming the new thing in securities litigation, at least in the context of event-driven litigation."
5 minute read

National Law Journal

What's Next for Crypto Litigators With a Trump Administration

"This industry is going to thrive now," said Teresa Goody Guillén, a partner at Baker & Hostetler. "The election just changes as to what legal services are needed."
4 minute read

National Law Journal

Supreme Court Hearing on Facebook's Alleged Nondisclosure Yields 'Freakish' Hypotheticals

Justice Samuel Alito Jr. hypothesized a manufacturing plant which warned that a future fire could pose a threat to its business. Would the business have to then disclose that such a fire had already occurred?
5 minute read

The Recorder

Hueston Hennigan Secures Dismissal of SEC Action Against Ex-PwC Auditor in Mattel-Linked Case

The federal agency issued a one-page order dropping the action against Joshua Abrahams last Friday after the Division of Enforcement filed a motion to dismiss it on Aug. 12, simply stating: "Under the circumstances, it appears appropriate to grant the Division's motion and dismiss the proceeding."
3 minute read

The Recorder

Latham & Watkins Adds Regulatory Partner to Strengthen West Coast Crypto Presence

"Most of our regulatory expertise at Latham sits in our East Coast offices," said Tad J. Freese, a Latham & Watkins California office managing partner.
4 minute read

New York Law Journal

Sullivan & Cromwell Urges Top Court to Resist Making NY the 'Shangri-La' for Derivative Shareholder Suits

Litigators do differ in their opinions on the impact of a decision that would give New York courts the ability to handle shareholder suits against foreign corporations.
6 minute read

National Law Journal

'Parting Shot': SEC Issues Wells Notice to Immutable Ahead of US Election

"If the manner of providing clarity to the industry is by winning against this attempted regulation by enforcement, then Immutable is happy to do so," Immutable said in the blog post.
3 minute read

New York Law Journal

Dapper Labs $4M Settlement, $1.3M in Attorney Fees Reveal NFT Settlement Trend

"What you see happening is the real development around NFTs isn't necessarily in a particular image or art or music or film," said Jim Walker, a partner at Perkins Coie who counsels blockchain businesses on potential regulatory risk avoidance and mitigation.
4 minute read

Texas Lawyer

Crypto Industry Joins Forces to Thwart SEC's Airdrop Crackdown

"The crypto industry, through legal scholars, industry groups and organizations, is presenting a united front in high-profile legal battles and fighting back against overreaching regulatory agencies, primarily the SEC," said Tyler Harttraft, a partner at Bull Blockchain Law who is not involved in the case.
4 minute read

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