Supreme Court rulings shake up corruption prosecutions.

1 min read
Source: Law & Crime
Supreme Court rulings shake up corruption prosecutions.
Photo: Law & Crime
TL;DR Summary

Unanimous Supreme Court rulings have made it harder for federal prosecutors to pursue anti-corruption cases, and Sam Bankman-Fried's lawyers argue that five charges against him may be on shaky ground following a recent decision by Justice Clarence Thomas. The decision voided the "right-to-control" theory of fraud prosecution, which may affect counts 7-9 and 1-2 of the most recent indictment against Bankman-Fried. The charges include conspiracy to commit wire fraud, wire fraud on lenders of his hedge fund, and wire fraud on customers of FTX. However, the ruling will not affect other charges against him, including alleged violations of campaign finance law and the Foreign Corrupt Practices Act.

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