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Nalezeno "NYAG": 37

Report: DCG, Barry Silbert Seek Dismissal of NYAG Lawsuit, Citing ‘Baseless Innuendo’ and Integrity in Operations

6.3.2024
Digital Currency Group (DCG) has submitted a request to the court to drop the legal action taken against it by New York Attorney General Letitia James. DCG argues that it’s “wrongfully” depicted and maintains that the lawsuit is nothing but a “thin web of baseless innuendo.” DCG Challenges...

Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute

10.2.2024
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding...

New York Attorney General Triples Fraud Allegations Against DCG to Over $3 Billion

9.2.2024
New York Attorney General Letitia James has escalated the state’s legal action against Digital Currency Group (DCG), tripling the estimated size of the alleged fraud to over $3 billion. This development follows a prolonged investigation by James’s office, which uncovered additional...

DCG Hires Former Trump Impeachment Counsel in Defense Against NYAG Civil Lawsuit

1.11.2023
Digital Currency Group (DCG) has found itself under intense legal scrutiny after it was confronted with a civil lawsuit filed by New York Attorney General Letitia James on October 19. In an attempt to challenge the allegations, DCG has enlisted renowned litigator Barry Berke, who previously served...

DCG, Genesis Were the ‘Adults in the Room’ but Didn’t Behave Like It

19.10.2023

Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents

16.6.2023
Tether's banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request

Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market

16.6.2023
According to a press release issued on June 15 by the Office of the New York State Attorney General, the cryptocurrency exchange Coinex has reached a settlement with Letitia James, the chief law enforcement officer. The attorney general stated that Coinex will pay $1.7 million in penalties...

‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US

8.5.2023
New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and it is time...

Is Ether a Security?

17.3.2023
Last Thursday morning, I wondered whether I needed to write a follow-up piece about Silvergate Bank. On Thursday evening, I wondered whether my main topic should instead be about ether potentially being a security. And then, obviously, some things happened

Ether a Security? That Could Have Huge Ramifications for Crypto, Legal Expert Says

10.3.2023
Should ether be deemed a security at the state level, it may lead to federal laws ultimately being settled in, Pennsylvania State University Dickinson Law Professor Tonya Evans, says

CoinEx crypto exchange sued by New York for failing to register with state

23.2.2023
The NY Attorney General is looking for a court order to remove the exchange from the state and wants it to block all internet addresses originating from New York

NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities

22.2.2023
The New York State Attorney General's office sued crypto exchange CoinEx, arguing it was an unregistered securities broker and commodity broker-dealer under state law

Here's why $16.5K is critical for November's $1.14B Bitcoin options expiry

23.11.2022
BTC bulls were liquidated during the drop to $15,500 on Nov. 21, and more downside could occur if bears profit $245 million during Friday's expiry

CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million

15.10.2021
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether of “making untrue or misleading...