April 2024 - cypherpunks - lists.cpunks.org

Plot Holes Doom JPMorgan 'Fraud' Narrative, Frank Exec Says
by Gunnar Larson 09 Apr '24

09 Apr '24

Plot Holes Doom JPMorgan 'Fraud' Narrative, Frank Exec Says <https://www.law360.com/banking/articles/1822861?nl_pk=feb6bbba-7878-4d39-be…> By Elliot Weld The founder of a startup meant to help college students apply for financial aid said an indictment claiming she duped JPMorgan Chase & Co. into a buyout should be dismissed because it fails to identify her alleged co-conspirators or fraudulent statements. Memorandum attached | Read full article » <https://www.law360.com/banking/articles/1822861?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1822861?nl_pk=feb6bbba-7878-4d39-be…>

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Goldman Investors Closer To Class Cert. In 1MDB Bribery Suit
by Gunnar Larson 09 Apr '24

09 Apr '24

Goldman Investors Closer To Class Cert. In 1MDB Bribery Suit <https://www.law360.com/newyork/articles/1822865?nl_pk=ac5a3855-e47c-4403-be…> By Katryna Perera A proposed class of Goldman Sachs investors alleging losses from the 1MDB bond bribery scandal is one step closer to clinching class certification, with a magistrate judge recommending that a New York federal court grant partial approval to their request. Report attached | Read full article » <https://www.law360.com/newyork/articles/1822865?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1822865?nl_pk=ac5a3855-e47c-4403-be…>

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Ex-SDNY Clerk, Atty Get 2 Years Each For Referral Scheme
by Gunnar Larson 09 Apr '24

09 Apr '24

Ex-SDNY Clerk, Atty Get 2 Years Each For Referral Scheme <https://www.law360.com/competition/articles/1822840?nl_pk=6416fd97-1dc4-4e0…> By Elliot Weld A former court clerk in the Southern District of New York and a disbarred defense attorney were each sentenced to two years in prison Monday for an alleged cash-for-referrals scheme. Read full article » <https://www.law360.com/competition/articles/1822840?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1822840?nl_pk=6416fd97-1dc4-4e0…>

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NYSBA Warns Of Risks To Confidentiality Posed By AI
by Gunnar Larson 09 Apr '24

09 Apr '24

NYSBA Warns Of Risks To Confidentiality Posed By AI <https://www.law360.com/competition/articles/1823063?nl_pk=6416fd97-1dc4-4e0…> By Matt Perez Attorneys must ensure the use of artificial intelligence does not compromise the attorney-client privilege, advised a report from the New York State Bar Association on Monday, with additional recommendations provided for lawyers interested in exploring the burgeoning technology. Read full article » <https://www.law360.com/competition/articles/1823063?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1823063?nl_pk=6416fd97-1dc4-4e0…>

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2nd Circ. Revives Coinbase Securities Class Action
by Gunnar Larson 09 Apr '24

09 Apr '24

2nd Circ. Revives Coinbase Securities Class Action <https://www.law360.com/capitalmarkets/articles/1822395?nl_pk=abe82add-2a33-…> By Jessica Corso The Second Circuit on Friday revived a proposed class action accusing crypto trading platform Coinbase of selling unregistered securities, saying that competing user contracts left it open for interpretation as to who, exactly, was the direct seller of dozens of tokens trading on the exchange. Order attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1822395?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1822395?nl_pk=abe82add-2a33-…>

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Regulators Agree To Skip BlockFi Distribution
by Gunnar Larson 08 Apr '24

08 Apr '24

Regulators Agree To Skip BlockFi Distribution <https://www.law360.com/compliance/articles/1822445?nl_pk=ab5ce197-c1fb-4d8e…> By Emily Lever BlockFi and the New York State Department of Finance Friday filed a stipulation with the New Jersey bankruptcy judge overseeing BlockFi's Chapter 11 case under which the department agreed to forgo any distributions from the BlockFi estate. 1 document attached | Read full article » <https://www.law360.com/compliance/articles/1822445?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1822445?nl_pk=ab5ce197-c1fb-4d8e…>

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SXSW Insurer Asks 5th Circ. To Rethink Coverage Ruling
by Gunnar Larson 08 Apr '24

08 Apr '24

SXSW Insurer Asks 5th Circ. To Rethink Coverage Ruling <https://www.law360.com/insurance/articles/1822214?nl_pk=59612751-8689-4b1e-…> By Elizabeth Daley The insurer of Texas music festival South by Southwest has asked a Fifth Circuit panel to rehear its case seeking to avoid covering a class action by ticket holders who didn't get refunds when the event was canceled due to the COVID-19 pandemic in 2020. Petition attached | Read full article » <https://www.law360.com/insurance/articles/1822214?nl_pk=59612751-8689-4b1e-…> | Save to favorites » <https://www.law360.com/insurance/articles/1822214?nl_pk=59612751-8689-4b1e-…>

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Bankruptcy Courts' Role In Shaping Crypto's Legal Framework
by Gunnar Larson 08 Apr '24

08 Apr '24

Bankruptcy Courts' Role In Shaping Crypto's Legal Framework <https://www.law360.com/banking/articles/1813440?nl_pk=feb6bbba-7878-4d39-be…> Massive financial and criminal liability has led to the recent collapse of major cryptocurrency companies and put bankruptcy courts in the spotlight, underscoring the urgent need for a comprehensive regulatory framework, say Tara Pakrouh and Eric Monzo at Morris James. Read full article » <https://www.law360.com/banking/articles/1813440?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1813440?nl_pk=feb6bbba-7878-4d39-be…>

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Jury Finds Pharma Exec 'Shadow Traded' With Inside Info
by Gunnar Larson 08 Apr '24

08 Apr '24

Jury Finds Pharma Exec 'Shadow Traded' With Inside Info <https://www.law360.com/compliance/articles/1822388?nl_pk=ab5ce197-c1fb-4d8e…> By Bonnie Eslinger A California federal jury found Friday that a former Medivation executive is liable for using inside information from his company when he purchased stock in rival pharmaceutical maker Incyte, in a novel civil "shadow trading" case brought by the U.S. Securities and Exchange Commission. Read full article » <https://www.law360.com/compliance/articles/1822388?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1822388?nl_pk=ab5ce197-c1fb-4d8e…>

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The Multifaceted State AG Response To New Technologies
by Gunnar Larson 08 Apr '24

08 Apr '24

The Multifaceted State AG Response To New Technologies <https://www.law360.com/health/articles/1818532?nl_pk=6422bbc2-a823-4be5-9a9…> In response to the growth of technologies like artificial intelligence, biometric data collection and cryptocurrencies across consumer-facing industries, state attorneys general are proactively launching enforcement and regulatory initiatives — including bipartisan investigations and new state AI legislation, say Ketan Bhirud and Emily Yu at Cozen O'Connor.

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