DOJ Corporate Whistleblower Program

Roaring Kitty meme stock investor alleged to have committed securities fraud by suit filed in Federal Court in Brooklyn.

Crypto - taking us back to the gold standard.

Blog post by Dynamis attorney Lance Aduba on how to recover crypto from thieves

New case alert: US v. Alladawi - a case incorporating the Ciminelli right-to-control theory to find a defendant not guilty.

Title 18 Section 1348 “Materiality” Standard as compared with Title 15 securities fraud cases.

The 9th Circuit last week released its opinion in United States v. Milheiser, 16-CR-00076, in which the Court overturned six convictions of defendants who had been convicted of mail fraud and conspiracy to commit mail fraud arising from the defendants’ sales companies’ aggressive tactics in selling printer toner. The 9th Circuit adopted the “benefit of the bargain” theory of wire fraud, under which individuals cannot be convicted of wire fraud if the alleged victims received the “benefit of the bargain,” even if they were induced to make a purchase through misrepresentations.

The Biden Administration has added a host of known and unknown policy changes related to crypto. This blog post explores some of the most prominent changes.

Prosecutors frequently argue that 18 USC 1348 (Title 18 securities fraud) has a lower materiality standard than Title 15 securities fraud (10b-5). This blog post argues that there is little reason for courts to impose a lower materiality standard for the same conduct.

Dynamis fights on behalf of victims of “big butchering” in the crypto space - this time taking on Binance.

Dynamis attorney Eric Rosen defeated the DOJ in a motion to dismiss the Indictment in the “Atlas Trading” case

Dynamis attorneys secured the dismissal of the Indictment in the "Atlas Trading" securities fraud case in the Southern District of Texas. Dynamis attorneys drafted the briefs and led the fight to obtain dismissal of the Indictment.

Landmark antitrust lawsuit by Hector Rodriguez and Seth Abner “Scump” against Activision.

For years, courts viewed the “Howey” test as clear guidance as to whether a particular asset or investment was a security. Now, recent inconsistent decisions, particularly in the crypto space, have questioned that clear guidance. The effect is a rekindling the debate as to whether the term “investment contract” is void for vagueness because it fails to give people and businesses a reasonable answer as to what is or is not a security.

Dynamis LLP analysis of crypto tax rules affecting businesses in 2023.

Decentralized Finance (DeFi): The overall ecosystem of crypto-currency and blockchain. DeFi is a response to issues with centralized financial exchanges (banks, brokerages, etc.) and uses the new technologies of crypto and blockchain to remove third party intermediaries. It allows for direct peer-to-peer financial transactions.  

Overview of the 2023 Digital Asset Money Laundering Act - crypto legislation

Blog post which argues that 28 U.S.C. § 1782 Could Be a Powerful Tool for International Crypto Litigation

For years, courts viewed the “Howey” test as clear guidance as to whether a particular asset or investment was a security. Now, recent inconsistent decisions, particularly in the crypto space, have questioned that clear guidance. The effect is a rekindling the debate as to whether the term “investment contract” is void for vagueness because it fails to give people and businesses a reasonable answer as to what is or is not a security.

The Foreign Extortion prevention Act ("FEPA" or the "Act") was passed as part of the 2024 National Defense Authorization Act ("NDAA"), was passed in Congress with bipartisan support and signed into law by President Biden. FEPA is the first U.S. regulation intended to regulate the "demand side" of foreign bribery--creating a direct criminal statute against foreign officials who solicit or accept bribes from a company or individual in the U.S.