New York Seeks $1.37B From Novatech Founders
New York seeks $1.37B from @NovaTech founders Cynthia and Eddy Petion after they failed to appear in a crypto fraud case; prosecutors say little investor money reached trading. #Breaking #Legal
New York NY
Bitcoin Scam Busted by Brooklyn FBI
Brooklyn DA and FBI dismantled 241 scam websites and 112 servers in a major international crypto fraud operation targeting Russian-speaking Americans. #Breaking #Legal @BrooklynDA
Bitcoin Founder Alex Mashinsky Banned for Life
Alex Mashinsky, former @CelsiusNetwork CEO, banned from crypto activities by NY AG Letitia James; owes $25M if forfeiture conditions unmet. #Breaking #Legal
Bitcoin Licensing Deal Fast-Tracks in NY
Crypto firms expanding between New York and Wyoming can qualify for expedited regulatory reviews under a new agreement aimed at faster interstate operations. #Update #Legal
Ethereum: NY AG Bans Polymarket Gambling
New York AG Letitia James sues @Polymarket, alleging illegal gambling operations targeting vulnerable users, intensifying regulatory conflicts over prediction markets. #Breaking #Legal
SEC Faces CLARITY Act Challenge
New York AG Letitia James and 17 state AGs oppose the Digital Asset Market Clarity Act, fearing it limits state-level crypto fraud prosecutions. #Breaking #Legal @NewYorkStateAG
Bitcoin Moves 1,878 BTC as Judgment Unravels
1,878 BTC moved from a wallet linked to Noah Doe’s claim, weakening his $293B lawsuit as reactivated wallets challenge abandonment theory. #Breaking #Legal
Bitcoin Tied Fraud: Gotti Heir Sentenced
Carmine Agnello, John Gotti’s grandson, sentenced to 15 months for diverting $420K COVID funds into crypto; ordered to pay $1.27M restitution. #Breaking #Legal
SEC Sues Coinbase Gemini Over Gambling
New York AG Letitia James sues @Coinbase and @Gemini for operating unlicensed prediction markets, seeking triple fines and marketing bans. #Breaking #Legal
Crypto Demands NYAG Urges Congress Action
New York Attorney General Letitia James urges Congress to implement strict crypto regulations, highlighting risks to national security and economic stability. #Breaking #Legal (+9) ↗