Fallen cryptocurrency king Sam Bankman-Fried won’t face a second trial on additional charges after the co-founder of FTX was convicted of a massive fraud last month, prosecutors told a judge. The government told US District Judge Lewis Kaplan in a letter Friday that in the interest of expediency it would drop plans to try Bankman-Fried for conspiracy to bribe foreign…
Federal white-collar prosecutions have declined by nearly 50 percent since the peak years of President Barak Obama’s administration, according to figures compiled by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University. In the first 11 months of FY 2019,the government launched 4,973 prosecutions—most of them cases of fraud by wire, radio or television—a drop of 8.5 percent since the…
An uptick in white-collar prosecutions by the Trump administration could bring relief to high-end defense lawyers, who have been searching for work after years of declining federal prosecutions. via Uptick in Trump white collar prosecutions may ease lawyers’ pain – Reuters.