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The Latest Breaking News from Jed Rakoff

Netflix Fraudster Carl Rinsch Gets 30 Months, Keanu Reeves Letter Helped Reduce Sentence

Director Carl Rinsch receives a 30-month sentence for defrauding Netflix of $11 million, with Keanu Reeves' letter and mental health struggles influencing the court's decision.

International Business Times UK

Epstein-linked billionaire accused of rape privately reached out to federal judge to defend his ‘good name’

Leon Black has denied he ever met or raped ‘Jane Doe’. In an exclusive statement, Doe tells the Guardian: ‘I am still here. And I am not done’

The Guardian - US

N.Y. Federal Court Upholds "Algorithmic Pricing Disclosure Act"

From Nat'l Retail Fed'n v. James, decided yesterday by Judge Jed Rakoff (S.D.N.Y.): [T]he Algorithmic Pricing Disclosure Act … provides… The post N.Y. Federal Court Upholds "Algorithmic Pricing Disclosure Act" appeared first on Reason.com.

Reason

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Sarah Palin’s defamation suit retrial against the New York Times raises first amendment concerns

She lost the first trial in 2022, but she gets ‘second bite of the apple’ due to a judge’s procedural errors

The Guardian - US

Sarah Palin wins new trial in her defamation case against The New York Times over ‘major’ jury issues

The former VP candidate lost a trial involving her lawsuit against the newspaper over a 2017 editorial

The Independent UK

Do Kwon's Terraform Labs Hits Rock Bottom; Seeks Bankruptcy Protection In US Amid Legal Turmoil

Last week, Judge Jed Rakoff moved the start date of the SEC v. Terraform Labs and Kwon $40 billion fraud case trial to March 25 from the initial Jan. 29 start date, following an appeal from the crypto mogul's camp.

International Business Times

Awaiting Do Kwon: SEC Agrees To Delay TFL CEO's $40B Crypto Fraud Case Trial

Do Kwon could be in the U.S. by mid-March to attend the trial in the $40 billion crypto fraud case.

International Business Times

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Want Collateral to Ensure a Judgment Can Be Collected, Your Honor? No Problem—Use My NFT!

Judge Jed Rakoff (S.D.N.Y.), in today's Hermes Int'l v. Rothschild, isn't having it. First, the backstory from an earlier (May 2022) decision in the case: Around December 2021, defendant Mason Rothschild created digital images of faux-fur-covered versions of the luxury Birkin handbags of plaintiffs Hermes International and Hermès of Paris,…

Reason

Do Kwon, Terraform Labs Win In Court But SEC Secures Victory In Securities Ruling

Judge Jed Rakoff of the U.S. District Court for the Southern District of New York has granted summary judgment over the SEC's claim that Terraform Labs, the blockchain firm co-founded by Kwon, offered unregistered securities and security-based swaps.

International Business Times

Judge rules Terra ‘stablecoin’ and other tokens are securities in victory for the SEC and departure from Ripple case

The doomed crypto project created by Do Kwon still faces fraud-related charges.

Fortune

JPMorgan alerted US government to $1bn Epstein transactions linked to ‘human trafficking’

Virgin Islands is seeking at least $290m in blockbuster civil case due to go to trial next month

The Independent UK

Reality check for Ripple: judge throws cold water on recent Ripple ruling

“Barbie” is the summer’s big hit, and its star had some things to say about Bitcoin.

Fortune

JPMorgan reach $430m settlement with Epstein victims

After months of embarrassing disclosures JPMorgan ignored internal warnings about their client Jeffrey Epstein, the bank settled a class action out of court.

The New Daily

Manhattan DA pulled into suit against JPMorgan over Epstein ties; Deutsche Bank settles for $75 million with billionaire pedophile’s victims

NEW YORK — The Manhattan district attorney has been dragged into litigation that’s ramping up against JPMorgan Chase, brought by abuse victims of disgraced billionaire pedophile Jeffrey Epstein.

Tribune News Service

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The Independent UK

Google co-founder Larry Page subpoenaed in civil proceedings over JPMorgan’s ties to Jeffrey Epstein

Prosecutors believe Epstein ‘may have referred or attempted to refer’ Mr Page, who stepped down as CEO of Google in 2019, to JPMorgan

Reason

Sex-Trafficking Suits Against Banks That Serviced Epstein Can Proceed

Plus: American IQs may be shifting, Jack Daniel's lawsuit against dog toy maker hits SCOTUS, and more...

The Guardian - US

JPMorgan and Deutsche to face lawsuits over Jeffrey Epstein ties

Manhattan judge allows central accusations that banks benefited from ties to sex trafficker to proceed

The New Daily

JPMorgan, Deutsche Bank to face Epstein ties lawsuits

JPMorgan Chase & Co and Deutsche Bank AG face lawsuits accusing them of enabling Jeffrey Epstein's sex trafficking.

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Reason

MLB Letter in Yankees Sign-Stealing Investigation Finally Unsealed

I wrote about the unsealing order in 2020; the order was then affirmed earlier this year, and just today Judge Jed Rakoff (S.D.N.Y.) unsealed "the minimally redacted version" of the letter. (Judge Rakoff's opinion starts with, "Time to close the books.") You can see that redacted version, which is too…

Zenger

Obama, Bush Protected White-Collar Criminals And Upended The Rule Of Law

Failure to prosecute those responsible for the 2008 financial meltown made a mockery of the criminal-justice system.

Tribune News Service

NYC judge denies ex-Alaska Gov. Palin’s request to reconsider NY Times libel verdict

A Manhattan judge on Tuesday denied former Alaska Gov. Sarah Palin’s request to reconsider his ruling that the New York Times didn’t defame her or recuse himself from the case.

Reason

Hermes Birkin Handbags, NFTs, Trademark Law, and Rothschild (but not Controlling the Weather)

From Hermes Int'l v. Rothschild, an opinion issued today by Judge Jed Rakoff (S.D.N.Y.): Around December 2021, defendant Mason Rothschild created digital images of faux-fur-covered versions of the luxury Birkin handbags of plaintiffs Hermes International and Hermes of Paris, Inc. (collectively, "Hermes"). Rothschild titled these images "MetaBirkins" and sold them…

The Independent UK

Sarah Palin wants to disqualify judge who ‘contaminated’ jury in defamation case against The New York Times

Attorneys argue federal judge’s announcement to dismiss complaint tainted verdict as former governor seeks appeal

Salon

Judge: Palin "failed to prove her case"

Judge Jed Rakoff explains why he dismissed the former GOP governor's defamation lawsuit against The New York Times

The Independent UK

Sarah Palin wants a new trial after losing libel case against The New York Times

Ex-Alaska governor’s legal team filing motions for new trial and to remove judge from future proceedings

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