The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS' greenlist
New York News
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The iconic U.S. holiday event has previously introduced themed nonfungible tokens and held a virtual parade in the metaverse.
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The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions.
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The former FTX CEO’s lawyers say he’s being served a “flesh diet” in prison even though he’s vegan and so he’s been subsisting on bread, water and peanut butter.
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Sam Bankman-Fried, the former CEO and founder of now-defunct crypto exchange FTX, reportedly pleaded not guilty to fraud and money laundering charges in a court hearing on Aug. 22.
3847 - Follow up
The former FTX CEO has swapped his parent’s cozy California home for the Metropolitan Detention Center in Brooklyn, which isn’t known for its comforts.
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Digital Currency Group is reportedly under investigation in New York for financial transactions involving its subsidiary, Genesis Global Capital.
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Lawyers representing SBF have agreed to a gag order preventing him from making comments that could sway his criminal trial but says it should apply to other witnesses too.
12178 - Interview
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling.
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Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees.
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The impact of Bitcoin mining on the environment remains a significant concern to many, leading to unfavorable responses from people opposed to its use.
11521 - Breaking news
CoinEx was shut down for failing to register as a broker-dealer and for “falsely representing itself as a crypto exchange," the NYAG said.
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The crypto lender has proposed converting all its altcoin holdings into Bitcoin and Ethereum to quell growing regulatory concerns and maximize the value of its assets.
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The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale in 2022.
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The FTX debtors alleged that the claim was filed “without any advance notice,” and they were not invited to participate in the mediation.
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