• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Reduction of Resources for Cryptocurrency Cases in SDNY

user avatar

by Giorgi Kostiuk

a year ago

At a securities law conference, an SDNY prosecutor indicated a possible reduction in cryptocurrency-related cases.

Scott Hartman's Statement

Scott Hartman stated at the conference that fewer cryptocurrency-related cases might emerge from the SDNY in the future. This is attributed to the proactive stance of regulatory bodies and numerous high-profile cases following the crypto market downturn in 2022.

Current and Expected Cases

Several cases involving cryptocurrencies are ongoing in the Southern District of New York, including the one against former Celsius CEO Alex Mashinsky, whose trial is scheduled for January 2025.

Political Changes

Hartman's statement followed news of potential nomination of Jay Clayton as US Attorney for SDNY by President Donald Trump, which could influence the current administration's composition.

Hartman's comments suggest potential priority shifts in SDNY regarding cryptocurrency cases, aligning with political changes and regulatory activities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Anthony Scaramucci Predicts Bitcoin Recovery Timeline

chest

SkyBridge Capital founder Anthony Scaramucci predicts that Bitcoin may not see a meaningful recovery until October or November 2023, citing cyclical market conditions and ongoing selling pressure from whales.

user avatarBayarjavkhlan Ganbaatar

Analyst Claims Bitcoin Still Correlates with M2 Money Supply

chest

Crypto analyst KillaXBT argues that Bitcoin's price movements are still aligned with the M2 money supply despite recent deviations.

user avatarElias Mukuru

Spanish Police Take Down Major Illegal Manga Distribution Platform

chest

Spanish National Police dismantled a major illegal manga distribution website operating since 2014, arresting three individuals for intellectual property crimes.

user avatarDiego Alvarez

Regulatory Clarity Key to Sustaining XRP ETF Growth

chest

The future momentum of XRP ETFs may depend on the successful passage of the CLARITY Act, which aims to officially classify XRP as a digital commodity.

user avatarMiguel Rodriguez

Justin Sun Sues World Liberty Financial Amidst Token Collapse

chest

Justin Sun has filed a lawsuit against World Liberty Financial, alleging misconduct and raising concerns about the project's stability amidst a significant drop in token value.

user avatarMaria Fernandez

Spanish Police Discover Hidden Crypto Wallets in Major Raid

chest

Spanish police discovered two hidden crypto cold wallets containing approximately 400,000 euros during a raid in Almera, linked to a major illegal manga distribution platform.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.