New York

The SEC's efforts to "incite controversy" in the ongoing case against Justin Sun and the Tron Foundation regarding securities have been rejected by the magistrate in New York.New developments in the ongoing lawsuit between the…
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New York's attorney general has filed a lawsuit against two cryptocurrency companies, alleging that they were involved in a $1 billion pyramid scam.Letitia James, the attorney general of New York, has announced in a news release that…
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In connection with the "Evolved Apes" non-fungible token (NFT) scam, the US Attorney for the Southern District of New York has filed charges against three individuals from the United Kingdom on allegations of wire fraud and money…
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Convicted of a wire fraud conspiracy, Gustavo Rodriguez and David Brend helped promote and administer the now-collapsed fraudulent cryptocurrency mining and trading business.Two ex-promoters of the "Ponzi" scam, IcomTech, are now…
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OpenAI stated that it considers the lawsuit filed by the New York Times to be "without merit" and enumerated its media partnerships and opt-out options for publishers, disqualifying allegations of information misuse as "abnormal or…
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The Ripple-linked XRP and Dogecoin, along with a number of other popular digital tokens, have been removed from the "greenlist" of recognized cryptocurrencies maintained by the New York Department of Financial Services (DFS).The New…
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Governor Kathy Hochul of New York has signed into law a measure that restricts bitcoin mining inside the state.The Act prohibits the issuance of new licences or the renewal of existing licences for proof-of-work (PoW) crypto mining…
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The mayor of New York City, Eric Adams, has urged the state's governor, Kathy Hochul, to veto a measure that would impose a two-year ban on Proof-of-Work (PoW) crypto miners that do not utilise 100 percent renewable energy.Crain's New…
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Several environmental concerns concerning cryptocurrency mining have been addressed by legislation targeting proof-of-work (PoW) mining, which was adopted by the New York State Senate on Friday, June 3.The PoW consensus approach is…
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New York State is once again on the verge of prohibiting crypto mining on proof-of-work networks such as Bitcoin and Ethereum. Members of the New York State Assembly are due to vote on a measure outlawing all crypto-mining operations in…
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