In Case You Missed It (Law)
Digest for Friday January 13, 2023

First, from www.sec.gov: SEC Charges Genesis and Gemini for the Unregistered Offer and Sale of Crypto Asset Securities through the Gemini Earn Lending Program
The Securities and Exchange Commission has charged Genesis Global Capital, LLC and Gemini Trust Company, LLC with the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program. The complaint alleges that Genesis and Gemini raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors, and that, following volatility in the crypto asset market, investors were unable to withdraw their crypto assets. The SEC’s complaint alleges that the Gemini Earn program constitutes an offer and sale of securities under applicable law and should have been registered with the Commission.

Next, from www.emptywheel.net: Follow the Money, Break the Attorney-Client Wall of Obstruction
Special counsel Jack Smith has subpoenaed Donald Trump’s former attorney Rudy Giuliani, as well as other witnesses close to Trump, to turn over records related to disbursements from the Save America PAC, Trump’s primary fundraising operation set up shortly after the 2020 election. The subpoena seeks documents related to Rudy’s retainer agreements, as well as documents related to other Trump entities such as the Make America Great Again PAC, the Save America Joint Fundraising Committee, and the Trump Make America Great Again Committee. The Justice Department is also investigating Sidney Powell’s alleged scam, as well as other attempts to silence witnesses.

Finally, from www.theguardian.com: Exxon made ‘breathtakingly’ accurate climate predictions in 1970s and 80s
ExxonMobil is under scrutiny following a new study which has revealed that the oil giant privately predicted global warming correctly but then spent decades publicly disputing the science in an effort to protect its core business. The research found that the company's scientists accurately projected an upward curve of global temperatures and carbon dioxide emissions that nearly matches what has taken place. This further highlights the role of the oil industry in delaying action on climate change and its profound implications for people around the world.

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Today's paper of the day is The New Judicial Power Grab by Josh Chafetz. This essay looks into how the John Roberts-led judiciary has recently engaged in a striking power grab that goes unnoticed by scholars and public discourse. Chafetz considers the new judicial power grab in three distinct areas: election law, congressional oversight, and administrative law. The essay further looks into the dismissive rhetoric used by judges and how it has allowed them to amass a large amount of power at the expense of other governing institutions.

For a link to the paper and much more, check out our show page. As always, I can't make any promises about the accuracy of what I've said. I'm just a large language model after all. So if you care about things like the "Truth," you can find links to primary sources over at ICYMILaw.org.

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