December 2024 - cypherpunks - lists.cpunks.org

'Texas Two-Step,' Exec Bonus Bankruptcy Bills Reintroduced
by Gunnar Larson 06 Dec '24

06 Dec '24

'Texas Two-Step,' Exec Bonus Bankruptcy Bills Reintroduced <https://www.law360.com/delaware/articles/2269954?nl_pk=8f2e5a76-bb66-462b-a…> By Clara Geoghegan Lawmakers in the U.S. Senate this week renewed efforts to pass two bankruptcy bills that would bolster rights for employees and crack down on the controversial use of so-called Texas two-step bankruptcies. 2 documents attached | Read full article » <https://www.law360.com/delaware/articles/2269954?nl_pk=8f2e5a76-bb66-462b-a…> | Save to favorites » <https://www.law360.com/delaware/articles/2269954?nl_pk=8f2e5a76-bb66-462b-a…>

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Federal Embrace Of Crypto Regs Won't Lower State Hurdles
by Gunnar Larson 06 Dec '24

06 Dec '24

Federal Embrace Of Crypto Regs Won't Lower State Hurdles <https://www.law360.com/banking/articles/2268249?nl_pk=feb6bbba-7878-4d39-be…> Even if the incoming presidential administration and next Congress focus on creating clearer federal regulatory frameworks for the cryptocurrency sector, companies bringing digital asset products and services to the market will still face significant state-level barriers, say attorneys at Mayer Brown. Read full article » <https://www.law360.com/banking/articles/2268249?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/2268249?nl_pk=feb6bbba-7878-4d39-be…>

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Trump Taps Musk Ally David Sacks As 'AI & Crypto Czar'
by Gunnar Larson 06 Dec '24

06 Dec '24

Trump Taps Musk Ally David Sacks As 'AI & Crypto Czar' <https://www.law360.com/cybersecurity-privacy/articles/2270227?nl_pk=3dfd2fd…> By Lauren Berg President-elect Donald Trump announced Thursday that he has selected David O. Sacks, a tech investor who worked alongside Elon Musk and entrepreneur Peter Thiel in the early days of PayPal, to be the newly created "White House AI & Crypto Czar." Read full article » <https://www.law360.com/cybersecurity-privacy/articles/2270227?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/2270227?nl_pk=3dfd2fd…>

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Sentencing Judge Wants Jail Healthcare Info In Threats Case
by Gunnar Larson 06 Dec '24

06 Dec '24

Sentencing Judge Wants Jail Healthcare Info In Threats Case <https://www.law360.com/cybersecurity-privacy/articles/2269577?nl_pk=3dfd2fd…> By Aaron Keller Saying he needed additional briefs on mental health treatments in federal prisons, a Connecticut federal judge on Thursday postponed sentencing a man who pled guilty to mailing more than 150 threatening letters to U.S. Supreme Court justices, state and federal judges, other officials and journalists. 5 documents attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/2269577?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/2269577?nl_pk=3dfd2fd…>

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CORRECTED: No Error In RICO Dismissal, Softek Tells Court
by Gunnar Larson 06 Dec '24

06 Dec '24

CORRECTED: No Error In RICO Dismissal, Softek Tells Court <https://www.law360.com/legalethics/articles/2269210?nl_pk=153d4a8a-6fb9-4a5…> By Joyce Hanson A computer management company sued by the Modoc Nation in a $14.6 million breach of contract suit has urged an Oklahoma federal judge to deny the tribe's request that he reconsider his opinion tossing racketeering claims against the company. Correction: A previous version of this article's headline mischaracterized the judge's opinion on the RICO claim. The error has been corrected. 2 documents attached | Read full article » <https://www.law360.com/legalethics/articles/2269210?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/2269210?nl_pk=153d4a8a-6fb9-4a5…>

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Man Cops To $3.5M 'Cryptojacking' Scam Against Cloud Cos.
by Gunnar Larson 06 Dec '24

06 Dec '24

Man Cops To $3.5M 'Cryptojacking' Scam Against Cloud Cos. <https://www.law360.com/newyork/articles/2270174?nl_pk=ac5a3855-e47c-4403-be…> By Sydney Price A Nebraska man admitted on Thursday to running a so-called "cryptojacking" scheme to defraud two cloud computing services out of $3.5 million of resources that were used to mine $1 million in cryptocurrency, according to the U.S. Department of Justice. Indictment attached | Read full article » <https://www.law360.com/newyork/articles/2270174?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/2270174?nl_pk=ac5a3855-e47c-4403-be…>

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Chinese Bank Faces New Suit Alleging Reinsurance Fraud
by Gunnar Larson 06 Dec '24

06 Dec '24

Chinese Bank Faces New Suit Alleging Reinsurance Fraud <https://www.law360.com/newyork/articles/2269868?nl_pk=ac5a3855-e47c-4403-be…> By Ganesh Setty Another group of insurers has accused one of China's largest banks of participating in a "multi-billion-dollar fraud" in the reinsurance market, telling a New York federal court Thursday that the bank, including its New York branch, has refused to honor over $890 million worth of letters of credit. Complaint attached | Read full article » <https://www.law360.com/newyork/articles/2269868?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/2269868?nl_pk=ac5a3855-e47c-4403-be…>

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Judge Recommends Axing Some Claims In X Severance Suit
by Gunnar Larson 06 Dec '24

06 Dec '24

Judge Recommends Axing Some Claims In X Severance Suit <https://www.law360.com/newyork/articles/2270098?nl_pk=ac5a3855-e47c-4403-be…> By Jeff Montgomery A Delaware federal judge on Thursday recommended pruning of a 14-count suit filed by six former Twitter employees accusing the company now known as X and Elon Musk of contract breaches and other claims in connection with Musk's takeover of the social media giant in 2022. Report attached | Read full article » <https://www.law360.com/newyork/articles/2270098?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/2270098?nl_pk=ac5a3855-e47c-4403-be…>

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FTX Clawback Deal With Ex-Alameda Co-CEO Gets Court Nod
by Gunnar Larson 06 Dec '24

06 Dec '24

FTX Clawback Deal With Ex-Alameda Co-CEO Gets Court Nod <https://www.law360.com/newyork/articles/2269889?nl_pk=ac5a3855-e47c-4403-be…> By Ben Zigterman A Delaware bankruptcy judge has approved a deal to settle clawback claims by FTX against former Alameda Research Ltd. executive John Samuel Trabucco, who agreed to hand over two San Francisco apartments purchased in 2021 for $8.7 million and a 53-foot yacht bought in 2022 for $2.5 million. Settlement attached | Read full article » <https://www.law360.com/newyork/articles/2269889?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/2269889?nl_pk=ac5a3855-e47c-4403-be…>

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Combs Demands Court Inquiry Into Copied Jail Notes
by Gunnar Larson 06 Dec '24

06 Dec '24

Combs Demands Court Inquiry Into Copied Jail Notes <https://www.law360.com/newyork/articles/2269817?nl_pk=ac5a3855-e47c-4403-be…> By Elliot Weld Sean "Diddy" Combs urged a Manhattan federal judge to hold a special hearing and consider dismissing his sex-trafficking indictment after staff at the Metropolitan Detention Center photographed his allegedly privileged, handwritten notes during a sweep of the prison and sent them to prosecutors, who he says used the information to argue against bail. Memorandum attached | Read full article » <https://www.law360.com/newyork/articles/2269817?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/2269817?nl_pk=ac5a3855-e47c-4403-be…>

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