New York Attorney General News

New York AG Letitia James has sued crypto firms NovaTechFx and AWS Mining for allegedly defrauding over 11,000 individuals out of more than $1 billion in a pyramid scheme. New York Attorney General (NYAG) Letitia James filed a lawsuit on…

U.S. prosecutors have pushed back against former Celsius CEO Alex Mashinsky’s motion to dismiss two criminal charges brought against him.

Former CEO of Celsius Network, Alex Mashinsky, must respond to a lawsuit by NY Attorney General Letitia James

Digital Currency Group's subsidiary, Genesis Global Capital, is reportedly being investigated by the New York State Attorney General's Office

New York State Attorney General (NYAG), Letitia James, is urging the state’s legislature to pass a standard-setting law regulating the cryptocurrency sector

New York Attorney General (NYAG) Letitia James, claimed in court that ethereum (ETH) is security and exchanges should register it before offering it for trading.

Tether issued a statement informing its community of false material that had been spread to cast doubt on the organization’s integrity. The misinformation cited above pertains to a Wall Street Journal (WSJ) story that attacked Tether. Tether’s Reply to the…

Letitia James has instituted a new initiative calling on New York residents to report cases of crypto fraud to her office.

The case between New York authorities and major crypto exchange Bitfinex has finally reached a conclusion with an $18.5 million settlement. Meanwhile, Tether’s reserve which has been a matter of some speculation will soon be put to rest with quarterly…

Bitfinex and the New York State Attorney General have embroiled in an aggressive game of ping pong, continuously hitting back at each other’s remarks. In the latest episode, the NYAG claimed Bitfinex serviced New York State customers as early as…

Under fire cryptocurrency exchange, Bitfinex, has released a whitepaper claiming they turned a $404 million net profit in 2018, as reported by Bloomberg on May 9, 2019. The information provided is not backed by evidence as the exchange only revealed select…

In an exhaustive 32-page report published by the New York Attorney General’s office, dated September 18, 2018, found that cryptocurrency exchanges appear to lack basic consumer protection mechanisms and do next to nothing to prevent market manipulation. The “Virtual Markets…