EFTA00032556.pdf
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From: New York Law360 <[email protected]>
To:
Subject: States 'Stepped Into The Breach' As Crypto Market Exploded
Date: Thu, 27 Jun 2019 08:59:11 +0000
cIaw360 New York
NEW YORK
Thursday, June 27, 2019
Law360
TOP NEWS
Analysis
States 'Stepped Into The Breach' As Crypto Market Exploded
While the eyes of the investing public have been trained on the U.S.
Securities and Exchange Commission's efforts to police the nascent
cryptocurrency market over the past 18 months, New York's attorney general
turned heads in April when she accused digital currency trading platform
Bitfinex of hiding the loss of $850 million by tapping into the reserves of an
affiliated cryptocurrency.
Read full article »
2nd Circ. Ponders Lehman 'Mistake' Claim In Safe Harbor Suit
A Lehman Brothers unit pitched the Second Circuit on Wednesday on the
idea that contract language relied on by the lower courts to approve financial
crisis-era payments may have been just "stray words" in the paperwork.
Read full article »
2nd Circ. Iffy On Goldman 'Re-Fight' Of CDO Class Cert. Issues
Federal appeals court judges piled on Goldman Sachs on Wednesday,
asking why it was trying to "re-fight" settled issues before the appeals court in
a securities class action brought by investors who claim the financier lost $1
billion after lying to them.
Read full article »
2nd Of 5 NY Docs Eyed For Taking Insys Kickbacks Cops Plea
A doctor admitted Wednesday to taking cash from Insys Inc. to prescribe its
Subsys painkiller to patients, becoming the second of five New York
physicians charged in Manhattan federal court to admit guilt in an anti-
kickback prosecution.
Opinion attached I Read full article »
Feds Are Full Of Lies, Platinum Boss Tells Jury
An attorney for Platinum Partners co-founder Mark Nordlicht on Wednesday
sought to turn the tables on prosecutors in closing arguments, accusing the
government of peddling more lies at trial than top executives at the defunct
hedge fund are…
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