President Donald Trump’s criminal case against New York Attorney General Letitia James was thoroughly flattened in a prosecution memo drafted by people who had investigated the case for months, reported ABC News on Thursday. The controversy stems from a second home James purchased, which Trump’s housing finance director, Bill Pulte, claimed was made with fraudulent statements on a mortgage application. When the seasoned prosecutor heading up the Eastern District of Virginia U. S. Attorney’s office refused to bring this case, Trump forced him out and replaced him with partisan loyalist Lindsey Halligan, who promptly took the charges to a grand jury and secured an indictment. However, according to the report, prosecutors listed serious problems with the charges from the start in this memo, concluding “that any financial benefit derived from her allegedly falsified mortgage would have amounted to approximately $800 in the year she purchased the home . The government lawyers also expressed concern that the case could likely not be proven beyond a reasonable doubt because federal mortgage guidelines for a second home do not clearly define occupancy, a key element of the case, according to sources.”This comes after reporting that Halligan fired Elizabeth Yusi, the career line prosecutor who drafted the memo, last week. It also comes after Halligan has made a number of glaring mistakes in her quest to prosecute both James and FBI Director James Comey, including filing incorrect charging documents with the court.
Category: law
What Did The FBI Press Conference on NBA Gambling Investigation Tell Us? All Details We Know So Far
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Long Island Democrat DA candidate threatens to sue GOP for linking her to Zohran Mamdani
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Pro-Crypto Lawyer Says Ripple Isn’t Done After New $1.25 Billion Acquisition
The post Pro-Crypto Lawyer Says Ripple Isn’t Done After New $1. 25 Billicom. In a recent X post on Thursday, October 16, pro-crypto lawyer John Deaton reacted to Ripple’s latest venture into the corporate treasury space following its newest acquisition. Earlier that day, Ripple’s CEO Brad Garlinghouse announced that the San Francisco-based blockchain firm had made an epic acquisition of GTreasury for $1. 25 billion, sparking discussions and excitement across the XRP community. According to the announcement, the acquisition aims to integrate Ripple’s blockchain capabilities with GTreasury’s global cash management infrastructure. Notably, this will enable CFOs worldwide to manage stablecoins, tokenized deposits, and idle capital more efficiently through decentralized finance solutions. Ripple continues aggressive acquisition While Ripple’s future plans remain uncertain, the crypto lawyer appears convinced that Ripple is still far from concluding its aggressive acquisition spree after securing seven major companies. To back his prediction, Deaton highlighted Ripple’s acquisition streak over the past few years as it continues to expand across multiple nations. Deaton pointed to similar power moves Ripple has made to strengthen its position across payments, custody, and stablecoin infrastructure, positioning its associated cryptocurrency XRP and the RLUSD stablecoin for broader adoption. Ripple has acquired: Hidden Road for $1. 25B: Prime Brokerage/Clearing/Multi-asset infrastructure; Rail for $200M: Bolsters Ripple’s stablecoin infrastructure payments adds virtual account & automated backend and strengthens its competitive position in stablecoin-based.- John E Deaton (@JohnEDeaton1) October 16, 2025 Among the major acquisitions Ripple has secured over the years, as spotlighted by Deaton, are Algrim, a market-making, trading, and liquidity engineering firm; Fortress Trust, a regulatory and licensing infrastructure provider; and Standard Custody & Trust Company, a regulated trust and custody backbone for stablecoin reserves. Some more recent acquisitions include Metaco, an institutional crypto custody and tokenization services provider, and Rail, a stablecoin infrastructure and backend automation enhancement firm, acquired for $250 million and $200 million, respectively.









