Judge orders ex-FTX exec to appear after request to vacate guilty plea

Despite withdrawing a petition to void his guilty plea, Ryan Salame must appear in a New York courtroom on Sept. 12 as scheduled.

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New York regulator hunts crypto and AI specialist for policy unit

The NYDFS is recruiting a policy specialist to address key crypto, DeFi and AI issues within financial services.

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NY authorities announce charges related to sham crypto recovery firm

The New York County District Attorney seized roughly $14,000 that Coin Dispute Network operators allegedly stole from users.

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NYT AI lawsuit gets weird as OpenAI demands sources for every article

Its unclear whether the judge in the case is considering the request, but the New York Times had a strong response to the request.

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Breaking: Spot Ethereum ETFs to begin US trading on July 23

The approved spot Ether ETF applicants included BlackRock, Fidelity and Grayscale, and are expected to bring billions of dollars into the ecosystem.

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NY Attorney General sues crypto trader NovaTech, claims $1B fraud

Two people took in $1 billion in crypto deposits and traded $26 million of it, the suit alleges.

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Coinbase sponsors WNBA cup, hosts fans at womens sports bars

Coinbase treated womens sports fans to a comparatively sober night out.

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Democratic incumbent targeted by crypto Super PAC ads loses primary

Millions of dollars from political action committees may have contributed to challenger George Latimers defeat of incumbent Jamaal Bowman in a June 25 Democratic primary.

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Crypto Super PAC spends $2M on attack ad targeting NY lawmaker

Democratic Representative Jamaal Bowman in New Yorks 16th Congressional District has voted against three pro-crypto bills in the last 30 days.

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Crypto trading firm Cumberland secures New York BitLicense

The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.

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Gemini reaches $50M settlement with New York AG over Earn program

Gemini Trust said that affected Earn users could expect 100% of the assets owed to them within seven days.

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New Yorks Attempt to Classify Ethereum as a Security Faces SEC Pushback

New York's attempt to classify Ethereum's ether as a security faces hurdles as the SEC remains silent, revealing regulatory uncertainty in crypto law.

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Nostriches Flock To NYC-Based Bitcoin Bar PubKey For Nostr Village

Nostr enthusiasts gather at revered Bitcoin dive bar to discuss the decentralized social media protocol and to spend time together IRL.

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Former banker sentenced to 41 months for crypto fraud

Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards.

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New York sets customer service standards for virtual currency entities

The BitLicense just got a little tougher with new mandatory standards for treating customers right.

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Coinbase reopens XRP trading in New York

Paul Grewal, Coinbases chief legal officer, announced that New York users of the exchange can once again trade XRP.

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New York AG reaches $2B settlement with Genesis for defrauded victims

The attorney generals office filed a lawsuit against Genesis in October 2023 for allegedly defrauding investors through the Gemini Earn program.

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States backlash against Binance.US continues with 6th license pulled

Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.

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Block Inc faces $40 million fine for lax Bitcoin transactions oversight

Block Inc., the company behind Cash App and led by Jack Dorsey, has been fined $40 million by the New York Department of Financial Services (NYDFS). The penalty, announced on April 10, stems from widespread lapses in the company’s anti-money laundering (AML) and compliance systems related to its virtual currency operations. NYDFS Superintendent Adrienne Harris […]

The post Block Inc faces $40 million fine for lax Bitcoin transactions oversight appeared first on CryptoSlate.

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Former House Rep blames industry outsiders for associating crypto with bank’s failure

Barney Frank, a former member of the United States House of Representatives and board member of Signature Bank, has pointed fingers at certain members of the public in the wake of the bank’s collapse. In a May 30 hearing before the New York State Senate, Frank said he had “no mea culpas” regarding the failure [...]

The post Former House Rep blames industry outsiders for associating crypto with bank’s failure appeared first on Crypto Breaking News.

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