Danielle Sassoon, one of the U.S. prosecutors who helped convict former FTX CEO Sam Bankman-Fried, was arrested on Thursday in a lawsuit with former FTX Digital Markets co-CEO Ryan Sal.
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 of innovation.
Washington, D.C. Attorney General Brian L. Schwalb on Monday announced a lawsuit against Athena Bitcoin, Inc., accusing the bitcoin ATM operator of long ignoring scams targeting elderly residents and failing to disclose high fees. The company, which operates 4,100 bitcoin ATMs in five countries, was charged with two counts of violations of the Consumer Protection Procedures Act, including deceptive and unfair trading practices. Athena was also charged with financial exploitation of vulnerable ad...
On August 26, Abbe Lowell, a lawyer for Federal Reserve Governor Tim Cook, said Trump's move was "flawed and his request lacks any due process, justification or legal basis. We will take all necessary steps to stop him from attempting to take illegal actions."
Abbe Lowell, a lawyer for Fed governor Tim Cook, said Mr. Trump's move was "flawed and his request lacks any due process, justification or legal basis. We will take all necessary steps to stop him from attempting to take illegal action."
On August 21 local time, the New York State Court of Appeals rejected the judgment of US President Donald Trump to be fined about $500 million for civil fraud. Trump wrote on his social platform "Real Social" that he greatly respects the court's "courage to overturn this illegal and shameful ruling", which is "a witch hunt like never before" from a business perspective. On the same day, the New York Attorney General's Office appealed the appeals court's rejection of the ruling.
US President Trump tweeted that he won a big victory in the case of New York State Attorney General Letitia James! I have great respect for the court's courage to overturn this illegal and shameful decision, which harms business throughout New York State. Others are afraid to do business there. Including interest and fines, the amount is more than $550 million. In a business sense, this is a witch hunt, never seen before. This is a case of city and state government meddling in elections, they ar...
According to journalist Eleanor Terrett, Khurram Dara, a veteran lawyer in the cryptocurrency field, is preparing to seek the Republican nomination to run for the position of New York State Attorney General. Dara, 36, could go head-to-head with incumbent Democratic Attorney General Tish James.
Market news: Florida Attorney General investigating Robinhood's (HOOD. O) efforts to promote cryptocurrency trading.
In an eight-page letter, Letitia James, New York's attorney-general, warned Congress that the Senate-passed GENIUS Act of 2025 "lacks the necessary guardrails to protect the American people". In an eight-page letter, James urged Congress to slow down stablecoin legislation and "take the time to craft a bill that promotes innovation while protecting our globally envied banking system". In his latest letter, James mentioned...