🩸Jury found Elizabeth Holmes guilty on three counts of Wire fraud and one count of conspiracy to commit wire fraud (18 U.S.C. 1343 and 1349 respectively).
We cover both offenses in my Corporate & White Collar Crime casebook (and class).
Looks like a bubble. We have been here before. “The only people to walk away unscathed are the big guys. . .If you put your money in Stablecoin, there’s no guarantee you’re going to get it back” — @SenSherrodBrown
And Senator Toomey offers up what sounds like industry talking points. Years from now, when all this comes crashing down, pundits will say “no one saw it coming” and the taxpayer-backed bailouts for the big guys will commence
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Our first witness is @alexisgoldstein. Today stablecoins are traded, not used for purchases. Hard to redeem and convert to cash. Have no benefit for financial inclusion. Fees add up if you want to send to a friend or another wallet
SCOTUS refused to hear the DOJ challenge to the TX law banning abortion after 6 weeks. And Court ruled on the challenge by Whole Women’s Health (abortion provider) to the Texas law. They left the law in effect. BUT …..
At the walking start for the Safe Passage Hot Chocolate Run to support victims of domestic violence. Together we raised a record-breaking $805,439!!!  Thank you for being a part of this.
💯 Getting ready for the appellate argument in the Second Circuit in the @ejeancarroll v. Donald J. Trump defamation case. Gaveled in at 10:05 a.m.
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Judge Nardini is "switching up the calendar" and instead of starting with E. Jean's case, hearing two others first. I'm thinking we will get to that by around 10:30.
I'll still be warming up by tweeting about these other matters a bit.
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⚖️ Court is in session. Or will be at 12:30 pm today.
Judge Mastroianni of the federal district of Massachusetts is holding hearings in two cases at @WNEULaw.
I won't be allowed to tweet (or have any electronic devices in the courtroom), thought I'd pre-tweet it
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The first case is Eastfield Associates, LLC v. Cinemark USA Inc.
When: Eastfield filed the lawsuit on August 20, 2020
Where: Federal district court of Massachusetts
Who: Plaintiff is Eastfield (landlord) and Defendant is Cinemark (commercial tenant)
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What: Breach of contract and property damage. Eastfield and Cinemark are parties to a lease under which Cinemark first occupied the Eastfield Mall movie theater space in 2013.
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