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Is the SEC Covering Up Wall Street Crimes?

According to a whistleblower, the SEC has been systematically destroying records of investigations for the last twenty years:

By whitewashing the files of some of the nation's worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG. With a few strokes of the keyboard, the evidence gathered during thousands of investigations – "18,000 ... including Madoff," as one high-ranking SEC official put it during a panicked meeting about the destruction – has apparently disappeared forever into the wormhole of history.

The Longform Guide to the Olympics

Munich, the Dream Team, and the search for Nadia Comaneci—a collection of articles on the highs and lows of Olympic history.

See the collection

Compiled by Gretchen Gavett and Elon Green.

Meet The Maserati-Driving Deadhead Lawyer Who Stands Between Hackers And Prison

In addition to defending child molesters, illegal gun owners, and the occasional drunk who steals a dirt bike from the pit during a motorcross rally, Jay Leiderman is one of a handful of attorneys who represents hackers. His current clients include Matthew Keys, the former Reuters social media editor who faces 87 months in prison for hacking The Los Angeles Times.

This Week's Most Popular Articles in the Longform App

The king of clickbait, a hiker who disappeared on the Appalachian Trail and an interview with Jay from Serial — the most read articles this week in the Longform App, available free for iPhone and iPad.