The Run-Down: Lawmakers disagree on new regulations after SVB mayhem Last week, the Federal Deposit Insurance Corp stepped in to shut down SVB after its collapse Through a newly created entity, the Deposit Insurance National Bank of Santa Clara, the $209 billion in...
The Run-Down: In his 2024 budget proposal, Biden plans to increase pandemic-related fraud investigations and prosecutions It suggests tripling the amount of Justice Department “strike forces” that go after criminal organizations It also requests funding for...
The Run Down: Bankman-Fried takes a public stance against claims, continuing to keep up with public persona in a non-traditional legal move. Under the traditional approach, most criminal defense lawyers insist their clients remain silent on all things. ...
The Run-Down: Chris Kirchner, Founder of Goldman Sachs Backed Logistics Software Company, Slync, has been charged for fraudulently offering and selling more than $67 million of securities The charge alleges Kirchner misappropriated more than $28 million for...
The Run-Down: The Bahamas-based, celebrity-backed, cryptocurrency exchange FTX collapsed after failures to maintain corporate control FTX billionaire owner Sam Bankman-Fried lost his $32 billion company to bankruptcy The company was investigated by the Securities and...
