Author name: William L. Thomas

What Happened with Nevin Shetty and the Terra Luna Collapse? The Crypto Connection Explained

To understand the Nevin Shetty case, you have to understand what happened in the cryptocurrency market in May 2022. The collapse of the Terra/Luna network was one of the largest financial events in crypto history, wiping out tens of billions of dollars in value almost overnight. Nevin Shetty’s case is directly connected to that collapse,

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The Nevin Shetty Case and the Right to Control Theory the Supreme Court Already Rejected

In 2023, all nine justices of the Supreme Court agreed on something, which almost never happens. In Ciminelli v. United States, the Court unanimously held that the “right to control” theory of wire fraud is not a valid basis for federal prosecution. Depriving someone of economically valuable information, the Court said, is not the same

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