FBI Seizes Phone of Senator Suspected of Insider Trading

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Sen. Richard Burr, suspected of insider trading based on coronavirus briefings he got as head of the Senate Intelligence Committee, had his cell phone seized today:

Sen. Richard Burr of North Carolina, the chairman of the Senate Intelligence Committee, turned over his phone to agents after they served a search warrant on the lawmaker at his residence in the Washington area, the official said, speaking on condition of anonymity to discuss a law enforcement action.

….To obtain a search warrant, federal agents and prosecutors must persuade a judge they have probable cause to believe a crime has been committed. The law enforcement official said the Justice Department is examining Burr’s communications with his broker. Such a warrant being served on a sitting U.S. senator would require approval from the highest ranks of the Justice Department and is a step that would not be taken lightly.

It is a sign of the times that this has prompted a surprising amount of suspicion:

Stay tuned.

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