News

(Westlaw) A New York widow can keep her $650,000 home, after a bankruptcy judge set aside a tax lien sale as a fraudulent transfer. In re Miranda, No. 23-73373; Miranda v. TLB 2019 LLC, Adv No. 23-8068, 2025 WL 242232 (Bankr. E.D.N.Y. (…)

(Westlaw) •A Republican president and Congress are expected to be more supportive of digital assets than the current administration. •There is a reasonable chance that legislation creating a regulatory framework for cryptocurrencies will advance. •Under Republican SEC chair nominee Paul (…)

(Westlaw) The Delaware Supreme Court has upheld a lower court ruling siding with Oracle Corp. co-founder and Chairman Larry Ellison and another director in a derivative action alleging an unfair process in the technology company’s 2016 acquisition of NetSuite Inc. (…)

(Westlaw) The US Court of Appeals for the Third Circuit and the US District Court for the Southern District of New York (SDNY) issued noteworthy opinions in two separate actions between the SEC and major crypto platform Coinbase: Coinbase, Inc. (…)

(Reuters) – The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million for failing to sufficiently investigate consumer disputes of its credit reports. The bureau said Equifax ignored consumer documents and evidence (…)

(Reuters Breakingviews) -When a chief executive unveils a big merger, the fretting begins. Concerns about a repeat of disasters like AOL-Time Warner or Bayer-Monsanto immediately spring to mind. It’s a particular concern for 2025 as steadier interest rates and laxer (…)

(Westlaw) A New York blockchain engineer for Game Coin LLC has agreed to settle fraud charges for his role in a scheme that defrauded investors in the company’s digital token, according to the Securities and Exchange Commission. Securities and Exchange Commission v. (…)

(CryptoSlate) Solana-based Helium Network is gearing up to contest a lawsuit filed against it by the US Securities and Exchange Commission (SEC). On Jan. 17, the SEC announced legal action against Nova Labs, the company behind the Helium Network. The (…)

(American Banker) Unless the new administration squashes it, soon banks and fintechs will need to work with the FDIC’s so-called Synapse rule, which would require them to ensure that the balances of custodial deposit accounts are accurate and reconciled on (…)

(Westlaw). Interactive Brokers LLC has agreed to pay more than $2.2 million in fines to resolve allegations by the Financial Industry Regulatory Authority that it failed to restrict customers that engaged in a prohibited trading practice. The settlement announced Dec. (…)