Cryptocurrency lawyer Khurram Dara has announced his candidacy for New York State Attorney General

Cryptocurrency lawyer Khurram Dara will challenge the state's anti-cryptocurrency attorney general, Letitia James.
Khurram Dara, who formally announced his candidacy on Thursday, said his campaign would end the use of the attorney general's office as a political weapon, curb regulatory overreach and reinvent New York as a place where innovation thrives.
Dara's campaign platform included limiting the attorney general's office's use of the Martin Act, a nearly 100-year-old New York state law that gives the attorney general broad powers to investigate and prosecute financial wrongdoing with virtually no procedural restrictions. Critics argue that the bill is often used as a political weapon rather than a neutral law enforcement tool. He also wants to end pay-for-results agreements with private law firms, which allow outside lawyers to take a cut of the compensation they receive from lawsuits brought by the attorney general's office. Opponents argue that such a system encourages politically motivated or overly aggressive litigation.