| In
Trial for
Taking $25M
from Ethereum
Sandwich Bots
US Says
Unanimity not
Required
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
Oct 22 – James Peraire-Bueno
was indicted for "conspiracy
to commit wire fraud, wire
fraud, and conspiracy to
commit money laundering.
The charges in the Indictment
arise from an alleged novel
scheme by the defendants to
exploit the very integrity of
the Ethereum blockchain to
fraudulently obtain
approximately $25 million
worth of cryptocurrency within
approximately 12
seconds."
More on X for
Subscribers here
and Substack here.
Late on October
14, the defendants opposed
Miller: Filing on Patreon
here
Just before 8 pm,
the defense filed seeking to
"preclude testimony by the
government’s cooperating
witness, Travis Chen," Filing
on Patreon here
On October 22
after Chen, the US put on
under subpoena Coinbase's
"Global Intelligence" chief
Kelsey Dean, thread.
Then a witness who also
appeared in US v. Sean Combs /
Diddy...
Late on October
22, the US Attorney's Office
filed including that "the
defendants’ contention that
the Court must add
instructional language
requiring the jury to
unanimously agree on at least
one of the alleged
misrepresentations is squarely
foreclosed by governing law.
As noted above, the false or
fraudulent statement,
representation, pretense, or
act “is properly classified as
a means, rather than as an
element, of wire fraud.” ...
The jury need not be unanimous
as to the means of the fraud,
so long as it unanimously
finds that the Government has
proven the existence of the
scheme to defraud" full
5 page filing on Patreon here
More on X for
Subscribers here
and Substack
here
Inner City Press
is covering this trial.
The case is USA
v. Peraire-Bueno, et al.,
1:24-cr-293 (Clarke)
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room
500 Pearl Street, NY NY 10007 USA
Mail: Box 130222, Chinatown Station,
NY NY 10013
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2025 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
