A U.S. judge has approved a $12.7 billion settlement between FTX, Alameda Research and the CFTC. FTX and Alameda are required to pay $8.7 billion in restitution to those who suffered losses and an additional $4 billion in disgorgement. Judge P. Kevin Castel of the United States District Court for...

Judge approves $12.7 billion settlement between FTX and CFTC, bringing 20-month-long lawsuit to an end

The Commodity Futures Trading Commission is reporting that the US District Court for the Southern District of New York has entered a consent order of permanent injunction and other relief against FTX Trading and Alameda Research. The duo has been ordered to pay $12.7 billion in monetary relief to FTX customers and victims of FTX’s fraud. The two related firms filed for bankruptcy following the fraud allegations with assets now being distributed to creditors. Alameda was a crypto hedge fund with “back door” access to the FTX trading platform.

CFTC Says it Receives $12.7 Billion Judgement in FTX, Alameda Case

Minnesota State

A federal appeals court on Tuesday agreed that Minnesota’s ban on 18- to 20-year-olds from carrying handguns publicly is unconstitutional, the second and largest legal blow yet to the 2003 state statute. The Eighth Circuit U.S. Court of Appeals made it almost certain that adults younger than 21 will...

US court agrees Minnesota age limit on carrying handguns in public is unconstitutional

Mediaite

A $10 million cash withdrawal in Cairo made just days before former President Donald Trump took office in January 2017 triggered a secretive Justice Department investigation that sought to uncover whether he received financial support from Egypt’s government. The investigation, revealed in an exclusive report by The Washington Post...

Mysterious $10 Million Cash Withdrawal Triggered DOJ Investigation into Whether Trump Took Egyptian Funds

ABC News

One month after the Supreme Court's presidential immunity ruling, the judge overseeing former President Trump's Jan. 6 case now has jurisdiction over the case again.

Supreme Court returns Trump Jan. 6 immunity judgment to lower court

Law & Crime

In anticipation of the wide-ranging, wholesale, long-and-winding legal wrangling to come regarding presidential immunity, Chutkan set a status conference for later this month.
The post ‘The court has regained jurisdiction’: Trump gets a new and fast-approaching hearing date as Jan. 6 case makes its way back to federal judge appointed by Barack Obama first appeared on Law & Crime.

'The court has regained jurisdiction': Trump gets a new and fast-approaching hearing date as Jan. 6 case makes its way back to federal judge appointed by Barack Obama

New York City, NY

Donald Trump urged the judge in his New York hush money case to dismiss his conviction in light of the Supreme Court’s ruling on presidential immunity last month, according to a new court filing.

Trump argues New York conviction ‘must be vacated’ after Supreme Court immunity decision

The 11th Circuit has set a deadline for special counsel Jack Smith to submit a brief challenging Judge Cannon's dismissal of Trump's Mar-a-Lago case.
The post Appeals court just gave Jack Smith a deadline to file arguments against Judge Cannon’s dismissal of Trump’s Mar-a-Lago prosecution first appeared on Law & Crime.

Appeals court just gave Jack Smith a deadline to file arguments against Judge Cannon's dismissal of Trump's Mar-a-Lago prosecution

Cytora, the leading digital risk processing platform, has partnered with AI-powered due diligence company Xapien. The integration will enable commercial insurance underwriters to instantly gain access to Xapien’s AI due diligence tool via Cytora’s risk processing platform. By integrating directly into Cytora, underwriters will no longer need to manually check scores of data sources for potential risks. Xapien automatically reads and analyses information such as online media, corporate records and structured screening data in any language. As a result, the time taken for due diligence can be reduced from hours or days to minutes. Access to rapid, automated due diligence reports on all their policyholders will fight commercial claims fraud, and facilitate more informed forecasting.

Cytora and Xapien Partner to Bring Rapid, Automated Due Diligence to Commercial Insurers

Until recently, local policies on homelessness have been guided by two controversial rulings from the Ninth Circuit Court of Appeals: Martin v. Boise (9th Cir. 2019) 920 F.3d 584 and Johnson v. City of Grants Pass (9th Cir. 2022) 50 F.4th 787.[1] However, the Supreme Court’s decision in City of Grants Pass v. Johnson(2024) 603 U.S. ____, is likely to transform local jurisdictions’ policy approaches to managing homelessness. In a 6-3 decision, the Supreme Court upheld the city’s ban on camping and parking overnight on public property.

Supreme Court Holds That the Eighth Amendment Does Not Prevent Enforcement of Local Camping Bans, Authorizing a Significant Shift in Local Policies on Homelessness

The Atlantic

The Roberts Court has violated its own logic with the ruling on executive immunity. Donald Trump is the beneficiary.

It’s Official: The Supreme Court Ignores Its Own Precedent

NBC News

WASHINGTON — Democratic senators plan to introduce legislation Tuesday that would effectively overturn a Supreme Court ruling last month that imposed new limits on federal agencies when they issue regulations about a wide variety of issues, including the environment and consumer protection. Sen. Elizabeth Warren, D-Mass., will introduce a...

Democratic senators seek to reverse Supreme Court ruling that restricts federal agency power

TIME

Consequences mattered to the Founders—and that meant early American judges upheld major gun restrictions.

The Supreme Court's 2nd Amendment Mistake

Federal Judge Nina Morrison, of the Eastern District of New York, has ruled the Fourth Amendment applies at the border, ending warrantless searches of phones and devices. The US government and Customs and Border Patrol (CBP) has long maintained that the Fourth Amendment doesn’t apply at the border. As a result, agents will detain individuals without probable cause or a warrant, demanding they hand over their electronic devices and passwords, often copying the entire contents of the devices before returning them.

Federal Judge Rules Fourth Amendment Applies At The Border

uInterview.com

Two Democratic Senate committee leaders called for the Department of Justice to appoint a special counsel to investigate potential violations of federal tax and ethics laws by Supreme Court Justice Clarence Thomas. The letter, sent by Senate Finance Committee Chair Ron Wyden (D-Oregon) and Sen. Sheldon Whitehouse (D-Rhode Island), who...

Two Democratic Senators Ask Attorney General To Appoint Special Counsel To Investigate Supreme Court Justice Clarence Thomas For Tax & Ethics Crimes

On June 28, the U.S. Supreme Court ruled in Loper Bright Enterprises v. Raimondo, limiting the power of federal agencies to interpret the laws they enforce. This decision overturned the 40-year-old Chevron doctrine, which had required courts to uphold an agency’s interpretation of a statute as long as it was reasonable when Congress had not directly addressed the issue at hand.

Supreme Court limits federal power in win for citizens

Billings, MT

Daily Montanan

The U.S. Ninth Circuit Court of Appeals on Wednesday removed and reversed Montana District Court Judge Susan P. Watters from a case involving a former Bureau of Indian Affairs Officer who raped and impregnated a Northern Cheyenne woman while on duty. The federal case, which is seven years old, has bounced through federal and state […]

9th Circuit sends BIA case back, reverses judgment, orders new federal judge to be assigned

Salon

The behind-the-scenes machinations behind the Supreme Court’s sweeping presidential immunity decision reveals that Chief Justice John Roberts has “lost his authority” and ability to broker compromises on the thorniest and most impactful issues, a legal expert says. The Supreme Court this summer ruled 6-3 that presidents have...

“He is alone”: Experts say "extreme" ruling shows John Roberts has "lost his authority" over SCOTUS

Business Insider

MyPillow CEO Mike Lindell must pay the attorney fees of a man who won his "Prove Mike Wrong" competition, a judge ordered.

Judge orders MyPillow mogul Mike Lindell to pay attorney fees to winner of 'Prove Mike Wrong' contest

The Hill

A federal appeals court on Friday unanimously denied a lawsuit from a coalition of Republican attorneys general and the fossil fuel industry seeking to block the Environmental Protection Agency’s (EPA) pollution standards for power plants. The three-judge panel of the Court of Appeals for the D.C. Circuit sided with the EPA on the standards, required…

Appeals court unanimously sides with Biden administration on updated power plant rules

NewsBreak

CFTC Obtains $12.7 Billion Judgment Against FTX and Alameda

The Commodity Futures Trading Commission has announced the U.S. District Court for the Southern District of New York entered a consent order of permanent injunction and...

CFTC Obtains $12.7 Billion Judgment Against FTX and Alameda

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