Legal

News/crypto

SEC drops another crypto case

The main financial regulator in the US has dropped its investigation against a crypto exchange, adding further credence to the notion that there has been a seismic shift in the US's regulation of decentralised finance (DeFi).

26 February 2025

News/crypto

SEC drops Robinhood Crypto investigation

Robinhood says the Securities and Exchange Commission is ditching its investigation into the trading app's crypto arm.

25 February 2025

News/retail

Frank founder's trial begins over JPMorgan deal

The criminal trial against Charlie Javice for allegedly defrauding JP Morgan Chase into buying her fintech Frank, has begun.

25 February 2025

News/payments

UK court approves $200m Mastercard settlement

Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been given the greenlight by the Competition Appeal Tribunal.

24 February 2025

News/crypto

Coinbase says SEC has agreed to drop enforcement case

Coinbase is claiming victory in its long-running tussle with the Securities Exchange Commission, stating that the regulator has agreed to drop its enforcement case against the crypto firm.

24 February 2025

Research/LegalWhite Paper

Central bank digital currencies: What’s really in them for banks?

24 February 2025 55 downloads

News/people

Ex-Kuda exec alleges sex discrimination and unfair dismissal

A former executive at African digital bank Kuda has filed a case with the UK Employment Tribunal accusing the firm and CEO Babatunde Ogundeyi of sex discrimination, victimisation, and unfair dismissal.

19 February 2025

News/regulation

Union files suit over CFPB shutdown

A labour union has filed lawsuits against Consumer Financial Protection Bureau acting director Russell Vought after he ordered staff to halt much of the watchdog's activities.

10 February 2025

News/payments

JPMorgan files suits over Viva Wallet dispute

JPMorgan Chase has filed new lawsuits in the UK and Greece connected to its investment in fintech Viva Wallet.

09 January 2025

News/crypto

Blockchain groups sue US IRS over new DeFi regulations

The US Internal Revenue Services (IRS) and Treasury are facing legal action from a number of blockchain trade groups over newly introduced rules for crypto brokers.

02 January 2025

News/ai

Putin orders Russian bank to cooperate with China on AI

Sberbank, Russia’s largest financial institution, has been told to work with China on the development of AI-based services.

02 January 2025

News/regulation

Dave faces US lawsuit

The US Department of Justice and Federal Trade Commission have launched legal action against Dave, the mobile banking app, alleging that it misled customers over its charges.

02 January 2025

News/payments

CFPB sues JPMorgan, BofA and Wells Fargo over Zelle fraud

The Consumer Financial Protection Bureau has filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo, accusing them of allowing fraud to "fester" on P2P payments platform Zelle.

20 December 2024

News/payments

Google files lawsuit over CFPB supervisory order

Google is prepared to take the US Consumer Financial Protection Bureau to court over plans to establish supervisory authority over Google Payment Corp.

09 December 2024

News/retail

Synapse fallout: partner banks face lawsuit

The fallout from the collapse of Synapse continues, with several partner banks facing a lawsuit alleging mishandling of customer funds, and one of those banks insisting that end user funds it once held were moved by the BaaS platform before it went bankrupt.

28 November 2024

News/crypto

Bitfinex hacker who stole 120,000 bitcoins gets five years in prison

The man behind a hack on Bitfinex that saw nearly 120,000 stolen from the cryptocurrency exchange has been sentenced to five years in prison.

18 November 2024