“United States law governs domestically but does not rule the world,” according to the Supreme Court. RJR Nabisco, Inc. v. European Cmty.
Second Circuit Gives U.S. Broad Jurisdiction Under Commodities Exchange Act
Phillips is another in a line of decisions that expansively permit U.S. prosecutions for conduct taking place overseas, while paying little heed to the extra hardships imposed on defendants forced to defend themselves in a foreign courtroom.

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