On August 6th, 2025, following a four-week trial, a jury found Roman Storm, the founder of a crypto mixing service called Tornado Cash, guilty of conspiracy to operate an unlicensed money transmitting business. The jury was...more
8/27/2025
/ Blockchain ,
BSA/AML ,
Criminal Conspiracy ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Financial Services Industry ,
FinCEN ,
FinTech ,
Jury Trial ,
Know Your Customers ,
Money Laundering ,
Money Services Business ,
Money Transmitter ,
Regulatory Requirements ,
Regulatory Violations ,
Sanctions
There have been numerous developments in the online safety and data privacy space for minors in particular over the last few months. Here we cover some notable decisions in the federal courts and cases with nationwide...more
6/19/2025
/ Artificial Intelligence ,
Backpage.com ,
Communications Decency Act ,
COPPA ,
Corporate Counsel ,
Data Privacy ,
Deep Fake ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Google ,
Machine Learning ,
Minors ,
New Legislation ,
Online Safety for Children ,
Proposed Legislation ,
Regulatory Reform ,
Salesforce ,
Sex Trafficking ,
Social Media ,
TikTok ,
Trump Administration
The U.S. Supreme Court’s recent overturning of the Chevron Deference Doctrine calls into question several Chevron-based federal court rulings allowing the Small Business Administration (SBA) to exclude many categories of...more
8/8/2024
/ Borrowers ,
CARES Act ,
Chevron Deference ,
Coronavirus/COVID-19 ,
False Claims Act (FCA) ,
Financial Services Industry ,
Loans ,
Loper Bright Enterprises v Raimondo ,
Paycheck Protection Program (PPP) ,
Regulatory Authority ,
SBA ,
SBA Lending Programs ,
SCOTUS ,
Statutory Interpretation
Summary -
A proposal by the Securities and Exchange Commission to amend Rule 10b5-1, as well as recent enforcement activity relating to these plans, suggest that the SEC is concerned that the rule has been used as cover...more
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The Third Circuit issued an opinion this week upholding the federal cyberstalking statute against a constitutional challenge in United States v. Ho Ka Yung. Ruling on a facial challenge that claimed that the...more
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Section 230 immunity, which long has protected entities that host online platforms from liability for their users’ actions, may be significantly cut back. Although the U.S. Supreme Court today declined to hear...more