Alex Dovbnya reports: The United States Court of Appeals for the Fifth Circuit has ruled against the Treasury Department’s Office of Foreign Assets Control (OFAC), siding with six plaintiffs-appellants. The court determined that immutable smart contract protocols are not “property” subject to sanctions “because they are not capable of being owned” and struck down OFAC’s…
Category: Court
Supreme Court allows multibillion-dollar class action investors’ lawsuit to proceed against Meta
Oops. Never hit “publish’ on this and just discovered it stilling in pending posts. AP reports: The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The justices heard arguments in November in Meta’s bid to shut down the lawsuit. On…
Illinois Federal Court Rules BIPA Single-Violation Amendment Applies Retroactively
Kathryn Cahoy and Thea McCullough of Covington and Burling write: An Illinois federal court has held that the state’s recent amendment to its Biometric Information Privacy Act (“BIPA”) capping damages to one recovery for repeated identical violations applies to cases filed prior to its enactment. Gregg v. Cent. Transp. LLC, 2024 WL 4766297, at *3 (N.D….
New York Internist Pleads Guilty to Health Care Fraud
On October 23, a New York physician was charged with healthcare fraud for allegedly receiving kickbacks in exchange for ordering medically unnecessary brain scans. On November 14, Dr. Kenneth Fishberger, who had a medical practice in Port Jefferson, NY, pleaded guilty to one count of conspiracy to commit health care fraud. According to the charging…