The founder of FTX, a trading platform for cryptocurrency, Sam Bankman-Fried has officially been sentenced to 25 years in prison for his fraud and embezzlement crimes. FTX Created in 2019 to trade cryptocurrency. Customers could open accounts to trade and buy cryptocurrency and then convert this into real cash which they could withdraw into their bank accounts The Crimes Late 2022 the company went bankrupt after billions of dollars of customers’ money had been lost due to fraud. The company went bankrupt and millions of customers were locked out of their accounts unable to withdraw their mone ..read more

What are the main areas of corporate crimes in Italy?   As per my experience, I would say bribery, tax and customs offences, financial crimes, bankruptcy, corporate offences, HSE crimes and money laundering. During the previous decades, the Italian criminal system has targeted the most dangerous and hateful forms of crime, thus identifying a public enemy to face and destroy. Therefore, we have witnessed “the war against mafia” between the ’60s and the ’70s, the fight against terrorism in the ’70s and ’80s (the so-called “lead years“); furthermore, from ’90s, the rise, increase ..read more

What type of firms and cases does K2 Integrity work with?  Our core clients have always been law firms, and this has not changed. However, the rise in litigation funding has seen the asset recovery market change to an extent. Without funding a case often does not get off the ground, so relationships with these funders is critical for us. Recent years have also seen a rise in the number of hedge funds moving into the litigation market and commoditising arbitral awards. By viewing these awards as tradeable assets and recognising them as an asset class which can offer very high returns on i ..read more

In an age where corporate transparency and financial accuracy are paramount, the world of accounting investigations becomes more intricate with every new allegation. Allegations often arise unexpectedly, sometimes via whistleblowers, who shed light on questionable accounting practices or potential fraudulent activities. These claims can have serious implications, not just for the company involved, but also for its stakeholders, regulators, and the general public.  Enter Brian Loughman of Floyd Advisory, an expert with over three decades of experience in the field of accounting investigat ..read more

In this article, mediator and arbitrator Paul Sills predicts what is in store for governments and businesses in the wake of widespread climate change and the role that mediation has to play in addressing it. To frame this discussion, I would like to ask about climate change and its impact in the legal sphere. What sorts of conflicts do you expect will become more commonplace as the effects of climate change grow more severe? As the effects of climate change become more pronounced, the world will witness a rise in a wide array of legal disputes. Many of these disputes will revolve around issue ..read more

In its lawsuit, the government claims that Google illegally stifles rivals by using its partnerships with phone makers and internet browser companies to shut out rival search engines. Google controls a 90% share of the search engine market in the US (91% globally). Its agreements with other firms including Apple, Mozilla and Samsung allow Google’s search engine to remain the default for most commonly used computers, smartphones and tablets. The government will argue that Google’s payments to these partners (which sometimes run in the billions of dollars) constitute monopolistic practice and ..read more

In this article, Casey takes us through the ins and outs of burn injury cases, drawing upon a wealth of personal experience gained by representing many clients in this area. From an analysis of the dangers posed by unreliable smoke detectors to a look at the burn injury cases that proved most formative for his career, Casey provides an incisive examination of this vital area of personal injury law and shares a glimpse of where Langston & Lott is looking to further expand its expertise. I know you handle all types of personal injury cases, but you have developed a niche for burn injury cas ..read more

Such charges are unprecedented. However, Trump is far from the first president to have been accused of a crime. Throughout its 200-year history, several presidents have become embroiled in legal troubles either during or before their tenure in office. From impeachment proceedings for lying to Congress to an arrest for speeding in a horse-drawn buggy, each has made a marked a ‘first’ in the country’s legal record books in one way or another. Andrew Johnson Trump was impeached twice during his presidency, first over an apparent threat to withhold aid to Ukraine to secure advantages against then ..read more

The indictment charges Trump with conspiracy to defraud the US, conspiracy to obstruct an official proceeding, obstruction of an official proceeding and conspiracy against the rights of citizens. The charges follow special counsel Jack Smith’s investigation of Trump’s actions following his election loss, culminating in his supporters’ attempted storming of the US Capitol on 6 January 2021. “The Defendant lost the 2020 presidential election”, the indictment states on its first page. “Despite having lost, the Defendant was determined to remain in power. So for more than two months following ele ..read more

The Post Office’s 1999 introduction of Horizon, a new computer accounting system intended to oversee transactions across the organisation, set off a chain of events culminating in the wrongful prosecution of hundreds of postmasters. The event, which we explore in this article, has come to be the most widespread miscarriage of justice in UK legal history – with repercussions still being felt years later. The Horizon Error Horizon was developed by Japanese software company Fujitsu with features intended to handle transactions, stocktaking and accounting. A 2003 document published by Fujitsu des ..read more