On July 21, 2022, the Department of Justice announced charges against a former Coinbase employee in connection with the first ever cryptocurrency insider trading tipping scheme. According to the DOJ, the employee, his brother, and a friend were part of “a scheme to...
Fraud
How Will the Ninth Circuit’s Decision in United States v. Yates Impact the Future of Federal Fraud Prosecutions?
Beginning in March 2020, the Supreme Court and the Ninth Circuit have decided several significant fraud cases clarifying the contours and applicability of the federal fraud statutes. First, the Ninth Circuit decided United States v. Miller, holding that wire fraud...
The Supreme Court Narrows the Scope of the Computer Fraud and Abuse Act
The Supreme Court’s recent decision in Van Buren v. United States significantly narrows the reach of the Computer Fraud and Abuse Act’s prohibition against exceeding authorization to access information. Before Van Buren, courts were split on the reach of the Act; the...
Schemes, Scams and Swindles: Legal Challenges During the COVID Crisis (Law.com, The Recorder)
This article was originally published in the May 14, 2020 issue of Law.com's The Recorder, available here. Keith Middlebrook promised investors he was developing a cure to the coronavirus, and he claimed it was coming soon. He created a phony company, Quantum...