Welcome to the MoFo Tech Blog

MoFo Tech brings together legal insights and in-depth analyses on trends and complex issues shaping the global technology industry, covering fields such as blockchain and distributed ledger, cloud and SaaS technologies, driverless cars, drones, FinTech, computer hardware and software, the IoT, semiconductors, and telecommunications.


March 20, 2017 - Fintech, Litigation

Court Finds CFPB Case Against Payment Processor Lacking

A federal district court in North Dakota on March 17, 2017, dismissed a complaint against the payment processing company Intercept Corporation and its senior executives, holding that the evidence provided by the Consumer Financial Protection Bureau (CFPB) did not show any signs of Intercept’s …›

March 20, 2017 - Blockchain

Delaware Paves the Way for the Use of Blockchain Technology

In March 2017, the Corporate Counsel of the Corporation Law Section of the Delaware State Bar Association introduced a 43-page draft bill that would amend the Delaware General Corporation Law (DGCL) to, among other things, facilitate Delaware corporations’ use of blockchain technology to keep …›

March 10, 2017 - Litigation

House Passes Bill Proposing Sweeping Changes to Class Action Litigation

The House of Representatives has passed legislation – called The Fairness in Class Action Litigation Act of 2017 (the “Act” or “H.R. 985”) to fundamentally change all stages of class action litigation. For example, the provisions require stricter “typicality” requirements for class members, the disclosure …›

March 6, 2017 - Fintech, Regulatory

UK Regulations: Urgent Action Required from Loan-Based Crowdfunding Platforms

The UK’s Financial Conduct Authority (FCA) published a “Dear CEO” letter on February 28, 2017 requiring urgent action from firms operating loan-based crowdfunding platforms that facilitate loans to lending businesses. UK-based crowdfunding platforms and some of their borrowers that fail to act may …›

February 23, 2017 - Regulatory

Don’t Get Caught by the Phisherman’s Hook This Tax Season

During last year’s tax season, the IRS warned of a 400% increase in phishing and malware attacks, which contributed to an estimated $21 billion of taxpayer money lost to fraudulent tax returns. This was up from about $6.5 billion lost in 2014. Studies …›

February 17, 2017 - Litigation, Regulatory

Court Allows Microsoft to Challenge Secrecy of User Data Requests

In the ongoing debate over government access to private communications the United States District Court for the Western District of Washington rejected a Government motion to dismiss a suit by Microsoft challenging the constitutionality of certain secrecy provisions of the Stored Communications Act (SCA). …›