by Matthew Russell Lee, Patreon Book Substack
SDNY COURTHOUSE, Oct 21 – James Peraire-Bueno was indicted for "conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges in the Indictment arise from an alleged novel scheme by the defendants to exploit the very integrity of the Ethereum blockchain to fraudulently obtain approximately $25 million worth of cryptocurrency within approximately 12 seconds."
More on X for Subscribers here and Substack here.
On October 14, Inner City Press live tweeted jury selection, here.
Late on October 14, the defendants opposed Miller: Filing on Patreon here
On October 15, Inner City Press live tweeted the opening arguments - and then Miller as first witness, quickly into the weeds of headers and validators. Thread. Will it work for this jury?
Just before 8 pm, the defense filed seeking to "preclude testimony by the government’s cooperating witness, Travis Chen," Filing on Patreon here
On October 17 Chen took the stand, saying that in Medeira, Portugal he was told not to discuss Omakase with anyone outside the group. Thread.
On October 20 Chen, while still on direct, testified about Salmonella.
On October 21 on cross Chen said the proceeds were off-ramped via Coinbase, including to pay taxes, and about the sandwichers' pursuit, thread
Late on October 21 the defense submitted a supplemental disclosure for Brett Hemenway Falk on the concept of honest validators, the “getHeader” command, and the process by which validators “register” with relays, etc - filing on Patreon here
Analysis and more on X for Subscribers here and Substack here
Inner City Press is covering this trial.
The case is USA v. Peraire-Bueno, et al., 1:24-cr-293 (Clarke)
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