| On Insider
Trading Former FBI Trainee Markin Is on
Bond now OKed for Tattoo Arts in MD
By Matthew
Russell Lee, Patreon Maxwell
Book
SDNY COURTHOUSE,
March 8 – Seth Markin was the
subject of an insider trading
press conference on July 25,
2022. Then for his presentment
he got a taxpayer-funded
lawyer, declaring himself
eligible in a still-sealed CJA
23 financial affidavit.
On July
25, U.S. District Court for
the Southern District of New
York Magistrate Sarah Netburn
approved and sealed his
Criminal Justice Act 23
affidavit. Inner City Press
has previously gotten unsealed
the CJA 23's of Michael
Avenatti, and Honduras alleged
narco trafficker Tigre
Bonilla. But others' keep
getting sealed.
On August 10,
Markin ponied up and retained
Maurice Sercarz, who
previously represented among
others horse drugging
defendant Seth Fishman:
"NOTICE OF ATTORNEY
APPEARANCE: Maurice H. Sercarz
appearing for Seth Markin.
Appearance Type: Retained.
(Sercarz, Maurice)."
In March 2023
Markin requested, and was
granted, permission to "attend
the Tattoo Arts convention in
Baltimore, Maryland from April
20 through 24, 2023." Judge
Ramos granted the request.
Back on December
12, Judge Ramos extended the
time for co-defendant Wong's
sentencing: "RESCHEDULING
ORDER as to Brian Wong: The
sentencing previously
scheduled for February 16,
2023, is hereby rescheduled
for March 10, 2023 at 10:00
p.m. SO ORDERED. Sentencing
set for 3/10/2023 at 10:00 AM
before Judge Edgardo Ramos)
(Signed by Judge Edgardo Ramos
on 12/12/2022)."
On October 20,
Judge Ramos held a proceeding
and ruled, "Markin shall
submit a letter advising the
court whether or not he
intends to file pretrial
motions."
He did. On
December Markin filed a motion
to suppress his statements to
the FBI, and asking Judge
Ramos to order prosecutors to
"elect among the charges
brought under (a) Counts Two
through Nine, (b) Counts 17
through 24, or Count 16 of the
indictment and dismiss the
remaining counts on the basis
of multiplicity."
Markin is
free on a $200,000 bond, with
a taxpayer funded lawyer. The
prosecutors said:
What kind
of insider trader big enough
for an SDNY press conference
is, on the same day, declared
eligible for publicly-paid
counsel?
A first
proceeding before Judge Ramos
was set: "NOTICE OF HEARING as
to Seth Markin, Brandon Wong.
An initial conference will be
held on August 3, 2022 at
11:00 a.m. before the Hon.
Edgardo Ramos."
In early
2021, SETH MARKIN and BRANDON
WONG together made more than
$1.4 million dollars in
illegal profits by trading in
stock based on inside
information that MARKIN
misappropriated from his
then-girlfriend, who was then
an attorney at a major law
firm in Washington D.C.
assigned to work on the
acquisition of Pandion
Therapeutics (“Pandion”) by
Merck & Co. (“Merck”).
The case is US v.
Markin, et al., 22-cr-395
(Ramos)
***
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