Legal
Custodia Petitions Supreme Court After 10th Circuit Loss
Custodia asks the Supreme Court to decide whether an unelected Fed bank president can veto a state-chartered bank's access to the payments system.
Legal — Page 3
Lawsuits, patent wars, and enforcement actions.
Legal
FDIC, OCC, NCUA Flag Risk on Non-Work-Authorized Borrowers
Three bank regulators just told lenders to price in deportation risk as a credit factor. The Fed didn't sign on, and that gap is the real story.
Legal
NYC's Junk Fee Rule Hits Every Business With $3,500 Fines
NYC's proposed junk-fee rule stacks $3,500 fines per violation with no cure period, and a paperwork gap alone can flip liability onto the business.
Legal
Push Fed to Shelve 2023 Debit Interchange Rule
A credit union trade group wants the Fed's own 2023 debit-fee rewrite scrapped, not paused, amid ongoing litigation over the rule.
Legal
Treasury Sanctions 1VPNS Over Ransomware Ties
OFAC sanctioned a VPN service that priced ransomware access at $58 a pop, hitting hospitals and cities before Europol even named a suspect.
Legal
Ordered: iSun Execs to Pay SEC $463,000
Three former iSun officers quietly put their spouses on payroll using PPP loan funds, and the SEC made all three pay six figures for it.
Legal
Sued: 12 States Move to Block $110B Paramount-WBD Deal
Twelve states are suing to block the $110B Paramount-WBD merger, just a month after DOJ's Antitrust Division cleared it without a fight.
Legal
Oregon Sued Over 36% Cap as NAIB Seeks Injunction
Bank trade groups say Oregon's new 36% interest rate cap breaks federal preemption law, and a Colorado court already ruled their way once.
Legal
NC Recognizes CFTC Authority Over Kalshi, Polymarket
NC taxed Kalshi at 6% versus 23% for sportsbooks in the same bill, a quiet bet on a circuit split a New York judge just ruled the other way on.
Legal
Apple Sues OpenAI in N.D. Cal., Musk Piles On
Apple's trade-secret suit against OpenAI hit courts months after Musk's own case collapsed, and the two feuds are now colliding in public.
Legal
Sentenced Martino to 70 Months for BlackCat Betrayal
A ransomware negotiator sold out five clients to BlackCat hackers for a payoff. He got 70 months and a $10M asset seizure.
Legal
Skipped Playbook, CISA Admits After GitHub Leak
CISA's own postmortem admits it built its incident playbook mid-breach, after a contractor's GitHub slip exposed AWS GovCloud keys for months.
Legal
Brussels Rules Meta's Autoplay Design Breaks the DSA
Brussels says Meta's autoplay and infinite scroll were never properly risk-assessed under the DSA, and Meta now has 90 days to file its formal defense.
Legal
Bans Fed CBDC Through 2030 in Housing Act
A housing bill barely mentioning CBDC became law without Trump's signature, freezing the Fed out of digital dollars through 2030 anyway.
Legal
Sentenced: Negotiator Martino Gets 70 Months for BlackCat
DigitalMint hired him to negotiate ransoms. He fed victims' insurance limits to BlackCat hackers and pocketed a cut of every payout.
Legal
Pleads Guilty to $15M Ryuk Ransomware Scheme
An Armenian hacker living in Ukraine and Russia now faces 15 years after admitting his role in a $15 million Ryuk ransomware extortion ring.
Legal
Busts 5,811 in Interpol's $293M Fraud Sweep
Interpol arrested 5,811 people and seized $293 million across 97 countries in Operation First Light, up from $257 million seized in 2024.
Legal
Caught Hiding 78M Chat Logs, OpenAI Faces Sanctions
OpenAI sat on 78 million searchable ChatGPT logs for two years while telling a federal judge the searches were impossible, NYT says.
Legal
Rejects Kalshi's Bid to Dodge New York Gambling Law
Judge Torres just ruled New York can enforce gambling law against Kalshi, deepening a circuit split that's likely headed for the Supreme Court.
Legal
Accused: xAI Buried 7,000-Image Grok CSAM Probe
A stepfather's suicide, 7,000 images, and weeks of stonewalling: an amended suit says xAI hid evidence from cops investigating its own AI.
