#BigLaw #Peanuts
the UK's Solicitors Regulation Authority is prosecuting one of the UK's more infamous libel law firms (Carter Ruck) for silencing critics of the massive OneCoin ponzi scheme (2nd only to madoff) that imploded back in 2017.
sadly there's a million other cases of Big Law firms openly aiding and abetting out and out frauds that will go unpunished, but it's nice to see at least some kind of minimal attempt at justice
(the story of OneCoin is completely insane; worth a read if you haven't run across it before)
https://taxpolicy.org.uk/2023/12/18/carter-ruck-acted-for-fraudster
#uk #ukpol #carterRuck #libel #OneCoin #RujaIgnatova #ponzi #ponziScheme #eupol #bulgaria #FCA #SRA #BigLaw #law #lawstodon #PrivateEye
OTOH, when you start becoming famous for being famous (Marc Elias's self-promotion is ubiquitous), it begs the question if you've stretched yourself too thin and are fighting on too many fronts...
https://bsky.app/profile/mmasnick.bsky.social/post/3luskuzrrr226
There's a lot in this piece, but I'll just note that I did call out that I was skeptical that Elias Group was the right firm for @mmfa.bsky.social to use for this situation, and some of the details in the article seem to suggest I was (unfortunately) correct. [contains quote post or other embedded content]