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 Miami, and Andrey Spektor, a partner at Norton Rose Fulbright in New York, noted challenges in the case so far.
Mark E. Bini, a partner with Reed Smith. (Courtesy photo)
