That's an interesting case. It's basically a single wire fraud charge, with money laundering added on due to making new accounts to commit the alleged crime. T

That's an interesting case. It's basically a single wire fraud charge, with money laundering added on due to making new accounts to commit the alleged crime. There are recent developments in the area (Kelly and Blaszczak cases) but this probably isn't affected. The crime is using "confidential business information", recognized as a form of intangible property, for personal benefit; the victim is OpenSea. Since the resulting money wasn't taken from anyone, they are seeking forfeiture. It seems like this is somewhat related to a shift from insider trading prosecution to general criminal fraud statutes (insider trading as embezzlement.) Not a lawyer, would love to see analysis from someone who knows a bit more. https://www.yalelawjournal.org/pdf/130.Lustbader_r3uhyngc.pdf https://www.yalelawjournal.org/pdf/130.Lustbader_r3uhyngc.pd...