Day: December 30, 2022

Written by FinCrime

Second Circuit Questions Use of Criminal Insider-Trading Statute Without Proof of Receipt of Personal Benefit

Reported by: Jonathan Richman The Second Circuit held yesterday that a government agency’s nonpublic, pre-decisional regulatory information does not constitute “property” for purposes of the federal insider-trading and wire-fraud statutes.  The decision in United States v. Blaszczak (2d Cir. Dec. 27, 2022) (“Blaszczak II”) effectively vacated convictions under those statutes for defendants who had traded on nonpublic, market-moving information […]

Written by FinCrime

Human Trafficking or Money Laundering? Are Andrew Tate and Tristan Tate Still in Police Custody in Romania?

Reported by: Alok Nayak As per recent reports from Rap TV, Andrew Tate was not arrested in Romania on the charges of human trafficking. The internet celebrity and businessman was taken into custody on the charges of money laundering. The report also states that Andrew’s brother Tristan Tate has already been released. However, the report from Rap TV has been […]