U.S. District Court in Seattle, Washington. (Courtesy photo)
Two Am Law 100 partners scored a win after their clients, who, while in custody, were accused by the FBI of moving millions in cryptocurrency assets in a “surreptitious manner,” walked out of prison Tuesday following an unusual ruling entered by a federal district court in Seattle.
The United States initially accused defendants Sergei Potapenko and Ivan Turõgin of taking part in a $575 million cryptocurrency fraud and money laundering scheme. Defense counsel Mark E. Bini, a partner at Reed Smith in its Miami and New York offices, and Andrey Spektor, a partner at Norton Rose Fulbright in its New York office, noted challenges in the case so far.
Mark E. Bini, a partner with Reed Smith. (Courtesy photo)
