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BREAKING: 3 Charged With Insider Trading On Trump Media Co. Deal
by Gunnar Larson 29 Jun '23

29 Jun '23

BREAKING: 3 Charged With Insider Trading On Trump Media Co. Deal By Pete Brush Three investors who backed a Donald Trump acquisition vehicle called Digital World Acquisition Corp. were charged in Manhattan federal court Thursday with insider trading, according to an indictment that says they exploited confidential business information about a Trump media company to earn $22 million. Read full article » https://www.law360.com/capitalmarkets/articles/1694346?nl_pk=8da16ff7-f140-…

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cryptoanarchist rose given a weedy name by a slug
by pro2rat＠yahoo.com.au 29 Jun '23

29 Jun '23

Professor Rat - about a minute ago https://djohnstonec.medium.com/the-separation-of-nation-state-904d7c324ad A cryptoanarchist rose given a weedy name by a slug

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BREAKING: Top Court Strikes Down Affirmative Action In Higher Education
by Gunnar Larson 29 Jun '23

29 Jun '23

BREAKING: Top Court Strikes Down Affirmative Action In Higher Education By Chris Villani The U.S. Supreme Court on Thursday struck down affirmative action admissions policies at Harvard University and the University of North Carolina at Chapel Hill, undoing decades of precedent in a ruling that will have wide-ranging implications for academia and a potentially broad swath of the workforce. Opinion attached https://www.law360.com/compliance/articles/1683614?nl_pk=e8718aa1-2adc-4c2d…

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Bank.org Emerging Market Innovation
by Gunnar Larson 29 Jun '23

29 Jun '23

At Bank.org, we have been working on a cool new innovation solution in New York that engages ideas below. Gunnar ---- https://www.devex.com/news/how-high-interest-rates-threaten-reversal-on-fin… Having access to a bank account and savings is key to lifting living standards, but as my colleague Shabtai Gold reports, high interest rates around the world are seeing investors flee perceived risky investments in emerging markets, including fintech. It’s bad news at a time when global poverty rates are rising for the first time in a generation. “Under the zero interest rates in developed markets, there was a lot of appetite from investors in the U.S. and Europe to jump into new emerging markets,” John Fischer, chief investment officer at impact investing nonprofit Accion tells Shabtai. “But certainly on the inclusive fintech side, we’ve seen a pause on that.” Among Fischer’s proposed solutions: International financial institutions need to step in to create markets and build local capacity, while nonfinancial firms can boost things such as supply chain financing and insurance programs, known in the jargon as “embedded finance.” Farmers getting insurance as part of their seed purchases are more resilient to climate shocks, for instance. Just one of the ways financial inclusion helps other development objectives.

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Justices' Corruption Ruling May Shift DOJ Bank Fraud Tactics
by Gunnar Larson 29 Jun '23

29 Jun '23

Justices' Corruption Ruling May Shift DOJ Bank Fraud Tactics After the U.S. Supreme Court’s decision last month in Ciminelli v. U.S., curtailing a government theory of wire fraud liability, prosecutors may need to reconsider their approach to the bank fraud statute, particularly when it comes to foreign bank enforcement, says Brian Kearney at Ballard Spahr. Read full article » https://www.law360.com/compliance/articles/1692882?nl_pk=e8718aa1-2adc-4c2d…

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Senior Attorney Helped FTX Founder Misuse Funds, Suit Says
by Gunnar Larson 29 Jun '23

29 Jun '23

Senior Attorney Helped FTX Founder Misuse Funds, Suit Says By Sue Reisinger FTX Trading Ltd. is suing one of its top former attorneys, accusing him of colluding with the crypto exchange's founder Sam Bankman-Fried in looting the bankrupt company's accounts and allowing other managers to misuse billions of dollars in customers' deposits. Complaint attached https://www.law360.com/mergersacquisitions/articles/1693840?nl_pk=8bba16ad-…

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Google Must Turn Over Memos For Search Case Sanctions Bid
by Gunnar Larson 29 Jun '23

29 Jun '23

Google Must Turn Over Memos For Search Case Sanctions Bid By Matthew Perlman A D.C. federal court on Wednesday ordered Google to turn over memos instructing employees to preserve internal chats after claims from the U.S. Department of Justice and state enforcers that the company destroyed evidence in their search monopolization case. Order attached https://www.law360.com/competition/articles/1693864?nl_pk=2063be2d-1a29-43b…

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Pensions Body Issues Guide To Untangle Local Gov't Scheme
by Gunnar Larson 29 Jun '23

29 Jun '23

Pensions Body Issues Guide To Untangle Local Gov't Scheme By Joel Poultney A trade body for the retirement savings industry has unveiled a guide designed to untangle areas of confusion in the Local Government Pension Scheme after its research revealed uncertainty about how the largest funded defined benefit pension plan in the U.K. operates. Read full article » https://www.law360.co.uk/financial-services-uk/articles/1693726?nl_pk=4fb41…

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British Steel Pension Adviser Banned For 'Incompetence'
by Gunnar Larson 29 Jun '23

29 Jun '23

British Steel Pension Adviser Banned For 'Incompetence' By Joel Poultney The finance watchdog said on Wednesday that it has banned a retirement savings adviser from offering any further guidance on pension transfers, the latest penalty imposed by the regulator for failings connected to the British Steel Pension Scheme scandal. Read full article https://www.law360.co.uk/financial-services-uk/articles/1693737?nl_pk=4fb41…

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Cryptocurrency: Dorsey to Cook: Why Doesn't Apple Pay Support Bitcoin?
by grarpamp 28 Jun '23

28 Jun '23

Because Bitcoin no longer functions as a currency, it is entirely unusable for payments like cash is, and its current proprietors have completely disavowed ever returning it to original principles to become a currency ever again. Simple privacy-enabled p2p electronic cash for the world. Create and deploy one now!

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