Pig-Butchering, Crypto, and Preliminary Injunctions
The US government just announced its largest forfeiture action ever, seeking $15B in Bitcoin from defendants in Cambodia who allegedly swindled victims in the United States and around the world. The indictment alleges a form of fraud known as “pig-butchering,” one of several kinds of crypto-related fraud beginning to generate significant transnational civil litigation in…
Continue ReadingTransnational Whistleblower Litigation
American corporate fraud has long captured the international imagination. Ask people around the globe whether they have heard of Enron, Lehman Brothers, or the Madoff Ponzi scheme, and it’s likely the answer will be yes. The scale and consequences of these three cases alone often lead people to assume that the biggest frauds of our…
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