Bloomberg reports that the United States Supreme Court has refused to consider whether convictions won by Preet Bharara should not have been overturned on appeal (archived). While this decision to decline entertaining Bharara's zealotry only immediately rescues three defendants from the jeopardy of having their cases revived, it lays the groundwork for hundreds of other defendants to have their convictions or guilty pleas vacated under the higher standard for insider trading criminal liability established by the appellate court. This is a severe blow to the embattled Bharara's office which will now be burdened by the influx of defendants looking for freedom from the sanctions criminally imposed on them by Bharara. This is just the latest even in a long downward spiral of reality hitting Preet Bharara after his unjustly criminal prosecution of Ross Ulbricht.