• 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

2 years 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

New Poll Reveals Americans' Mixed Feelings on AI

chest

A new poll reveals that while Americans are optimistic about AI's potential to improve health, they are also deeply concerned about its economic impact.

user avatarTando Nkube

Crypto Exchanges Refund Customers Over SpaceX SPCX Shares

chest

Crypto exchanges Binance, Bybit, and Bitget issued refunds to customers after xStocks failed to secure tokenized SpaceX SPCX shares.

user avatarKofi Adjeman

Kraken Blog Enforces Rigorous Editorial Standards.

chest

Kraken Blog has introduced a strict editorial policy that focuses on accuracy, relevance, and impartiality to enhance the quality of its content.

user avatarNguyen Van Long

SEC Proposal May Open Doors for Tokenized Stocks

chest

The SEC's recent proposal may simplify compliance for on-chain trading systems, potentially facilitating the development of tokenized stocks.

user avatarSatoshi Nakamura

SEC Proposes Changes to Regulation NMS Rules Impacting Equity Markets

chest

The SEC has proposed rescinding two key Regulation NMS rules, Rule 611 and Rule 610e, to simplify the equity market structure and reduce trading complexity.

user avatarJesper Sørensen

Regulatory Scrutiny Poses Risks for Alphabet

chest

Alphabet faces increasing regulatory scrutiny that could impact its business operations and stock performance.

user avatarLucas Weissmann

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.