Re:Founder of crypto lender Celsius Network arrested, charge...
by Our_Benefactors on Thursday July 13, 2023 @03:21PM
(#36714668)
Maybe I’m misunderstanding the analogy, but I thought wire fraud only applied to abuse of the bank wire system? Is unsavory advice really categorized as wire fraud?
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Re:Founder of crypto lender Celsius Network arrested, charge...
by salawat on Thursday July 13, 2023 @03:41PM
(#36714912)
A legal "wire" is any communication or signaling system allowing for the propagation of information across State lines, at least as far as I can tell from how it is regularly enforced.
You could use TCP over carrier pidgeon to implement your criminal communication network, and it'd still be eligible for wire fraud. The deserialization from what I assume would be message packets strapped to the pidgeon nets you as still using "electronics".