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Jamie McDonald

Manhattan US Attorney whose office oversaw the federal prosecution and said no grievance or ideological cause can justify murder.

Current stories

invest3 publishersConfirmed

Michael Smith gets 18 months in the first US criminal case over AI bot streaming fraud

Michael Smith got 18 months in prison for collecting more than $8 million in royalties with bots and AI songs, in the first US criminal case of its kind. Prosecutors wanted at least 46 months, so the deterrent the music trade groups asked for comes in at well under half that length.

Perspective Coverage

3 publishers
Builder
Builder 23%
Operator
Operator 60%
Investor
Investor 17%

Reality

Evidence80
Adoption
Insufficient
Hype gap+15
Incentives65
Confidence75
security7 publishersConfirmed

Mabna Institute case re-upped with 17 defendants, this time during a war with Iran

Prosecutors added eight names to a 2018 indictment over 31.5 terabytes of stolen academic work. The target set has not changed: professors' mailboxes and university libraries.

Perspective Coverage

7 publishers
Builder
Builder 13%
Operator
Operator 69%
Investor
Investor 18%

Reality

Evidence70
Adoption
Insufficient
Hype gap+15
Incentives40
Confidence70
invest3 publishersConfirmed

Prosecutors test the Commodity Exchange Act on Robinhood engineers' $50,000 perp trades

The Justice Department says two Robinhood engineers each made more than $50,000 trading Hyperliquid perpetuals ahead of Robinhood Crypto listings. Prosecutors charged commodities fraud and wire fraud instead of securities fraud.

Perspective Coverage

3 publishers
Builder
Builder 10%
Operator
Operator 50%
Investor
Investor 40%

Reality

Evidence70
Adoption
Insufficient
Hype gap+10
Incentives45
Confidence65