New York

The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion received an education in the uses of blockchain technology in a hearing titled “Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets.” The meeting began with a di ...

Guidelines for firms listing and delisting cryptocurrencies in New York have tightened up to better protect investors, according to the state’s financial regulator.The New York State Department of Financial Services (NYDFS) unveiled new restrictions on Nov. 15 which mandate crypto co ...

Generative art is proving Web3’s creative anchor in the traditional art world. Last month, New York’s Museum of Modern Art (MoMA) made headlines by acquiring Refik Anadol’s “Unsupervised — Machine Hallucinations” (2022) alongside an edition from last year’s “3FACE” project by Ian Cheng. These two ...

The former compliance chief of OneCoin — a 2015 crypto scheme that defrauded investors out of $4 billion — has pleaded guilty to wire fraud and money laundering charges in Manhattan federal court.In a Nov. 10 statement, the Department of Justice (DOJ) said that U.S. District Ju ...

The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has demanded a summary judgment on all the claims. A court filing from Oct. 27 showed the SEC’s reluctance to accept the jury’s leniency on Do ...

New York’s attorney general has filed a lawsuit against cryptocurrency firms Gemini, Genesis and Digital Currency Group for allegedly defrauding investors through the Gemini Earn investment program.An official statement from the office of attorney general Letitia James outlines the ba ...

The administration of New York City Mayor Eric Adams released a plan for the adoption and regulation of artificial intelligence (AI) within the local government, along with a new integration into city applications. On Oct. 16, the administration released an update saying it is develop ...

The United States Attorney's Office has filed an affirmation of the denial of bail to former FTX CEO Sam Bankman-Fried, claiming that he could attempt witness tampering, and stating that no release conditions would assure the safety of the witnesses. Prosecutors responded to several claims made i ...

FTX founder Sam Bankman-Fried has seemingly been doing it tough behind bars, eating only bread with peanut butter to accommodate his vegan diet, while exhausting his supply of prescription medication. In the same hearing where Bankman-Fried pleaded not guilty to seven fraud-related charges, B ...

Former FTX CEO Sam Bankman-Fried is going into his third night with over 1,500 other inmates in one of New York’s most notorious jails — a far cry from his parents’ multimillion-dollar five-bedroom home in Stanford.The FTX co-founder had his bail revoked at an Aug. 11 hea ...

Digital Currency Group (DCG) is now under scrutiny for its financial transactions involving its subsidiary, Genesis Global Capital. The investigation is reportedly being conducted by New York Attorney General Letitia James, Bloomberg reported, citing sources familiar with the matter.Federa ...

Former FTX CEO Sam Bankman-Fried has agreed to a gag order preventing him from making comments to third parties that may interfere with his trial — but argues other potential witnesses should be gagged as well, including current FTX CEO John Ray.The gag order against Sam Bankman-Fried was ...

On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges.Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that last week’s ruling mak ...

Just a month after bankrupt cryptocurrency exchange FTX was seeking $4 billion from the also bankrupt crypto lender Genesis, it is now contesting a claim that it is entitled to nothing.According to a June 2 court filing in a New York Bankruptcy Court, the FTX debtors have raised an objecti ...

The New York State legislature has begun considering a bill that would allow dollar-linked steblecoins to be used as a legal method of paying bail for defendants. The bill was introduced by local Democratic congresswoman Latrice Walker. The document details pre-existin ...

This is an amendment proposed by Democrat Latrice Walker It would allow courts to accept digital assets as collateral But for now it's only about stabelcoins backed by fiat Democrat Latrice Walker introduced a bill yesterday, May 10, that would add di ...

The New York attorney general has proposed a new law giving the agency expanded powers to regulate the state's cryptocurrency industry. The Cryptocurrency Regulation, Protection, Transparency and Oversight Bill (CRPTO) will be introduced in the New York State Senate and Ass ...

Ishan Wahi has filed a new petition He asks for consideration of cooperation with the investigation Ex-Coinbase product manager Ishaan Wahi has filed a new petition in the court case. He asks Themis to impose a prison term of not more than 10 months. Recall th ...

Solana Spaces, a project that showcased NFTs on the Solana network and offered wallet services and information, has announced the closure of its stores in New York and Miami due to low popularity. The founder of the project, Vibhu Norby, stated that ...