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Jane Wester is a litigation reporter for the New York Law Journal. Email her at [email protected] or find her on Twitter @janewester.
January 19, 2024 | The Recorder
Silicon Valley Bank was shut down and the FDIC was appointed as receiver in March 2023, making the FDIC liable for tax claims against the financial institution, the complaint said.
By Jane Wester
2 minute read
January 2, 2024 | New York Law Journal
SDNY prosecutors said a second trial would not affect Bankman-Fried's guidelines range at sentencing because U.S. District Judge Lewis Kaplan "can already consider all of this conduct."
By Jane Wester
4 minute read
December 21, 2023 | New York Law Journal
White-collar defense attorneys doubted that high-profile criminal prosecutions such as those of the FTX and Binance founders would continue in 2024, but said they will keep a close eye on regulatory developments.
By Jane Wester
4 minute read
December 5, 2023 | New York Law Journal
But Morrison & Foerster partner Joseph Gratz, who represents OpenAI alongside a team from Latham & Watkins, argued that the New York and California classes "overlap entirely."
By Jane Wester
2 minute read
November 3, 2023 | New York Law Journal
Attorneys predicted a "massive penalty" when the disgraced crypto entrepreneur is sentenced in early 2024. He still faces a second set of charges.
By Jane Wester
5 minute read
November 2, 2023 | New York Law Journal
Jurors heard testimony from former FTX customers, investors and, crucially, a group of former employees who testified about Bankman-Fried's state of mind and behind-the-scenes actions as his companies grew and then collapsed in November 2022.
By Jane Wester
4 minute read
November 1, 2023 | New York Law Journal
Assistant U.S. attorney Nicolas Roos asked jurors if they noticed that Bankman-Fried's testimony, on direct examination, was "smooth, like it'd been rehearsed a bunch of times"—but that his cross-examination was "uncomfortable to hear."
By Jane Wester
3 minute read
October 30, 2023 | New York Law Journal
Bankman-Fried said he was not sure whether he described the FTX platforms as safe.
By Jane Wester
3 minute read
October 27, 2023 | New York Law Journal
Over several objections from prosecutors who argued that Bankman-Fried was providing "narrative" rather than simply responding to Cohen's questions, Bankman-Fried described his leadership of FTX and Alameda Research, the crypto trading firm he founded in 2017.
By Jane Wester
4 minute read
October 25, 2023 | New York Law Journal
U.S. District Judge Lewis Kaplan of the Southern District of New York already demonstrated a willingness to question witnesses himself in the course of the first three weeks of the trial.
By Jane Wester
5 minute read
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
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