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☆ The newly unsealed Jeffrey Epstein documents have Donald Trump's name all over them. He had been secretly disguised as 'Doe 174.'
▼ + stars: | 2024-01-09 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

AdvertisementAn exhaustive review of the documents by Business Insider points to one no-longer-anonymous Doe who checks all the boxes: Doe 174. The newly unsealed documents include new excerpts of deposition transcripts and other legal filings where Trump's name is now revealed. AdvertisementVictims talked about Trump as one of Epstein's friendsThe unsealed documents are not all damning for Trump. The three other unsealed documents are motions and letters from lawyers representing Epstein and Alan Dershowitz, where Trump is mentioned in passing. While three of the nine documents naming Doe 174 have not yet been fully unsealed, the public docket includes versions with some redactions.

Persons: Jeffrey Epstein, Donald Trump, —, Virginia Giuffre, Ghislaine Maxwell, Doe, Loretta Preska, Preska, Epstein, Maxwell, Trump, Eric, Bill Clinton, Prince Andrew, Johanna Sjoberg, Prince Andrew of groping, Sjoberg, massaging Trump, Jeffrey, we'll, — we'll, Alan Dershowitz, Mario Tama, Dershowitz, Sarah Ransome, Ransome, Ghislaine, Giuffre, Juan Alessi, Alessi, Judge Preska's Organizations: Trump, Service, US, Business, Mar, British, Atlantic City, York Locations: Virginia, Atlantic, Palm Beach, Epstein's Manhattan, Beach

☆ Jeffrey Epstein accuser Virginia Giuffre didn't think Donald Trump was involved in the pedophile's sex ring
▼ + stars: | 2024-01-09 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Jeffrey Epstein accuser Virginia Roberts Giuffre said she didn't think Donald Trump was involved. "I don't think Donald Trump participated in anything," Giuffre said in a 2016 deposition. AdvertisementVirginia Roberts Giuffre, one of the most public accusers of disgraced pedophile financier Jeffrey Epstein, said she didn't think former President Donald Trump was involved with Epstein's sexual abuse of minors. I never saw or witnessed Donald Trump participate in those acts, but was he in the house of Jeffrey Epstein. The interviewer then asked Giuffre if she'd seen Heidi Klum with Jeffrey Epstein, and Giuffre answered that she had seen them together at parties.

Persons: Jeffrey Epstein, Virginia Roberts Giuffre, Donald Trump, Giuffre, Epstein, —, didn't, Trump, I've, she'd, Heidi Klum, Klum, Bill Clinton, Jeffrey, Jeffrey Epstein wasn't, Clinton, Angel Ureña, Clinton didn't, Jeffrey Epstein's, Ureña, It's, Epstein's, Ghislaine Maxwell, Maxwell, Loretta Preska Organizations: Service, Daily Mail, US Locations: Jeffrey's, Giuffre

☆ Ghislaine Maxwell had a secret Tumblr account, newly unsealed court records reveal
▼ + stars: | 2024-01-09 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Ghislaine Maxwell had a secret Tumblr account, an attorney said in a newly unsealed court hearing. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementConvicted sex trafficker and Jeffrey Epstein associate Ghislaine Maxwell had a secret Tumblr account. The Terramar Project, an ocean conservation nonprofit run by Maxwell, had a Tumblr account with the username @tmpizzle. The apparent Tumblr account hasn't been mentioned in other court documents reviewed by Business Insider.

Persons: Ghislaine Maxwell, Maxwell, Jeffrey Epstein, —, Virginia Roberts Giuffre, Giuffre, Epstein, Meredith Schultz, Schultz, Loretta Preska's, Martin G, Weinberg, She's, hasn't Organizations: Service, Business, US Locations: Giuffre, Florida, Manhattan

☆ A $16 billion lawsuit payout is going to send this one stock soaring, analysts say
▼ + stars: | 2023-09-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The payout is expected to be a significant win for Burford Capital , which funded the lawsuit brought by YPF's minority shareholders, Petersen Energia Inversora and Eton Park Capital Management. Investment bank Jefferies estimates Burford Capital is entitled to around $6.3 billion from the verdict, approximately twice the company's market capitalization. Jefferies analysts led by Julian Roberts said shares of Burford have "further to go" after the stock jumped by more than 6% on Friday alone. The $16 billion payout includes around $8.4 billion in damages plus about $7.6 billion in 8% pre-judgment interest since the April 2012 seizure date determined by the judge. "We will continue to defend energy sovereignty and our state company YPF against vulture funds," Cerruti said.

Persons: Jefferies, Julian Roberts, YPF, Cristina Fernandez de Kirchner, Loretta Preska, Gabriela Cerruti, Cerruti, Numis, Burford, Jonathan Molot, Petersen, Molot Organizations: Burford Capital, Petersen Energia Inversora, Eton Park Capital Management, Investment, Jefferies, U.S, London, Cristina Fernandez de Kirchner . U.S, District, International Monetary Fund, Argentina, Eton Park Locations: U.S, Argentina, Burford, Cristina Fernandez de Kirchner ., Repsol

The payout includes the approximately $8.4 billion of damages Burford sought plus about $7.6 billion of 8% prejudgment interest running from May 3, 2012, about 2-1/2 weeks after the seizure. Argentina, which is in dire financial straits including a scarcity of foreign exchange reserves, pledged an immediate appeal. Shareholders' $8.43 billion damages estimate was based on Argentina's seizure of the YPF shares on April 16, 2012, which they said transferred "control." But the judge found it "telling" that Argentine officials treated April 16 as the seizure date, which stripped Repsol of its power to run YPF and distribute capital. The judge also called 8% interest "appropriate and equitable," and "well within the range" imposed by Argentine courts.

Persons: Loretta Preska, Burford, Preska, Axel Kicillof, Gabriela Cerruti, Cerruti, Nate Raymond, Jonathan Stempel, Adam Jourdan, Rodrigo Campos, Mark Porter, Will Dunham, Richard Chang Organizations: YPF, U.S, District, Burford Capital, Petersen Energia Inversora, Eton Park Capital, Jefferies, Petersen, Eton Park, Argentina, International Monetary Fund, IMF, Argentine, Thomson Locations: Argentina, U.S, Manhattan, Burford, London, New York, Buenos Aires, Qatar, China, Boston

Companies Coinbase Global Inc FollowNEW YORK, May 9 (Reuters) - Ishan Wahi, a former Coinbase Global Inc (COIN.O) product manager, was sentenced on Tuesday to two years in prison in what U.S. prosecutors have called the first insider trading case involving cryptocurrency. U.S. District Judge Loretta Preska sentenced Ishan Wahi, 32, in Manhattan federal court after the defendant pleaded guilty in February to two counts of conspiracy to commit wire fraud. Nikhil Wahi pleaded guilty in September to a wire fraud conspiracy charge, and in January was sentenced to 10 months in prison. At Tuesday's hearing, Ishan Wahi expressed remorse for his actions and their effect on his friends and family, several of whom were in court. Prosecutors had called for Ishan Wahi to spend more than three years in prison to deter other cryptocurrency insiders from misusing corporate information.

Donziger's lawyers argued that this appointment violated separation-of-powers principles set out in the Constitution delineating the authority of the three branches of the U.S. government. In 2011, an Ecuadorian court entered an $18 billion judgment that was later reduced to $9.5 billion against Chevron for contamination resulting from oil production. In 2014, Kaplan concluded in that case that the Ecuadorian judgment against Chevron in Ecuador was obtained fraudulently through a corrupt process, rendering it unenforceable in the United States. When Chevron suspected Donziger was violating a related ban on trying to monetize or profit from the judgment, Kaplan ordered him to turn over electronic devices and email accounts for examination. After federal prosecutors in Manhattan declined to take the case, Kaplan in an unusual move tapped a private lawyer, Rita Glavin, to lead the prosecution of Donziger.

March 22 (Reuters) - A federal judge in New York ordered Iran's central bank and a European intermediary on Wednesday to pay out $1.68 billion to family members of troops killed in the 1983 car bombing of the U.S. Marine Corps barracks in Lebanon. Victims and their families won a $2.65 billion judgment against Iran in federal court in 2007 over the attack. Six years later, they sought to seize bond proceeds allegedly owned by Bank Markazi and processed by Clearstream to partially satisfy the court judgment. Bank Markazi has argued that the lawsuit was not allowed under the Foreign Sovereign Immunities Act (FSIA), which generally shields foreign governments from liability in U.S. courts. A Luxembourg court in 2021 ordered Clearstream not to move the funds until a court in that country recognizes the U.S. ruling.

Ishan Wahi, 32, pleaded guilty to two counts of conspiracy to commit wire fraud, after initially pleading not guilty last year. "I knew that Sameer Ramani and Nikhil Wahi would use that information to make trading decisions," Ishan Wahi said during Tuesday's hearing in federal court in Manhattan. As part of a plea deal, prosecutors stipulated that sentencing guidelines called for Ishan Wahi to be imprisoned for between 36 and 47 months. In pleading guilty to the criminal charges on Tuesday, Ishan Wahi said he did not believe any of the relevant tokens were securities. Noah Solowiejczyk, a prosecutor, said the question of whether or not the tokens are securities was not an element of prosecutors' case.

☆ Ex-Coinbase Staffer Pleads Guilty in First Crypto Insider-Trading Case
▼ + stars: | 2023-02-07 | by ( Corinne Ramey | James Fanelli | ) www.wsj.com time to read: 1 min

A former Coinbase Global Inc. employee pleaded guilty Tuesday to two counts of conspiracy to commit wire fraud for his role in what prosecutors said was the first cryptocurrency insider-trading case. Ishan Wahi , 32 years old, told U.S. District Judge Loretta Preska that he had conspired with others to misappropriate valuable confidential information that he gained from his job at Coinbase. His brother, Nikhil Wahi , and an associate then used that information to make trades on digital tokens, he said.

☆ Ex-Coinbase manager's brother sentenced to 10 months in insider trading case
▼ + stars: | 2023-01-10 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

Nikhil Wahi admitted last year that he made trades based on confidential Coinbase information. Ishan Wahi has pleaded not guilty. Two of his closest associates, Caroline Ellison and Gary Wang, have pleaded guilty and agreed to cooperate with prosecutors. Prosecutors had recommended Nikhil Wahi be sentenced to between 10 and 16 months in prison, arguing that he earned nearly $900,000 in profits from the scheme. Reporting by Luc Cohen in New York; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ A mysterious 'Doe 183' is trying to keep Jeffrey Epstein documents under seal. Could it be Les Wexner?
▼ + stars: | 2023-01-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +12 min

"In the court's view, there's no reason to redact Doe 183 from the documents." And when Insider asked that lawyer about his work for Doe 183, a representative for Wexner responded, declining to comment. But if Doe 183 wins their fight to keep the documents redacted, their name and the context surrounding it would remain behind those blacked-out lines. While he never identified himself verbally, the transcript's cover sheet identifies him as an attorney representing Doe 183. Of those 21 documents, there are seven docket entries where Doe 183 is the sole Doe mentioned.

☆ Godiva accused of post-settlement meddling with claims in Belgium chocolate class action
▼ + stars: | 2022-11-11 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

At issue is the settlement claims process, funded by Godiva and executed by Kroll Notice Media Solutions. According to class counsel, Godiva recently directed Kroll “to conduct several additional rounds of review” of class claims that had already been validated. Adding to the intrigue: In September, class counsel told Preska that Godiva had informed them that the company did not have enough money to pay class members. It's also rare, Frank said, for class counsel to ask a judge to get involved in the post-settlement claims administration process. Read more:State AGs, objectors hoist red flags in proposed Godiva class actionOur Standards: The Thomson Reuters Trust Principles.

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