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Southern District of New York

A U.S. federal trial court covering Manhattan and nearby counties, known for handling major financial, securities, and corporate litigation.

Known aliases

  • SDNY
  • S.D.N.Y.

Relationships

No evidence-backed relationships are recorded.

Current stories

invest4 publishers

Storm's Tornado Cash retrial slips to April 2027, and the developer question slips with it

The judge moved the second trial to April 26, 2027, on the defense's own request. The count that would actually settle non-custodial developer liability is still waiting on sentencing.

Perspective Coverage

4 publishers
Builder
Builder 47%
Operator
Operator 34%
Investor
Investor 19%

Reality

Evidence78
Adoption
Insufficient
Hype gap+10
Incentives60
Confidence74
invest5 publishers

Prosecutors chase 4% of an alleged $1.5 billion Iran oil network through two Binance customers

The Southern District of New York filed on September 14 to take roughly $61 million in crypto from two China-based firms that used Binance trading accounts, under a standard of proof that stops at more likely than not.

Perspective Coverage

5 publishers
Builder
Builder 15%
Operator
Operator 46%
Investor
Investor 39%

Reality

Evidence68
Adoption
Insufficient
Hype gap+20
Incentives55
Confidence65
invest3 publishers

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
security3 publishers

Nadella testified that chatbots have "substituted" for publisher sites

The news publishers' partly unsealed summary judgment motion quotes Microsoft's CEO on substitution and on licensing paywalled training data. Microsoft says he was speaking to broad principles about how people find information, and that his words are not conclusions about copyright.

Publishers:404media.conews.bloomberglaw.comorlandosentinel.com

Perspective Coverage

3 publishers
Builder
Builder 25%
Operator
Operator 32%
Investor
Investor 43%

Reality

Evidence64
Adoption40
Hype gap+30
Incentives80
Confidence62
invest3 publishers

Binance's 97.3% Iran cleanup figure starts from a $4.19 million base

Manhattan prosecutors are examining whether Binance knowingly allowed trading that breached US sanctions on Iran, and the compliance numbers the exchange offers in response cover four named venues and about $4 million of flow.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 45%
Investor
Investor 50%

Reality

Evidence55
Adoption
Insufficient
Hype gap+40
Incentives70
Confidence60