• 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

Telegram Crypto Signal Channels Focus on Community Education and Trading Insights

chest

Leading Telegram channels provide real-time trade updates and insights for major cryptocurrencies, focusing on community-driven education.

user avatarGustavo Mendoza

US Government Challenges Acquittal of Tornado Cash Developer

chest

The US government has opposed the acquittal motion of Roman Storm, arguing that Tornado Cash operates as a money transmission service.

user avatarLuis Flores

Samsara: A Revolutionary Platform for Decentralized Asset Treasuries Launching Soon

chest

Samsara is set to launch soon, providing a platform for tokens to establish as Decentralized Asset Treasuries on the Solana blockchain, ensuring stable value and reducing risks.

user avatarRajesh Kumar

Prosecution Highlights Legal Risks for Crypto Privacy Technologies

chest

The prosecution's argument against Tornado Cash highlights major concerns for crypto privacy technologies and developer accountability.

user avatarMiguel Rodriguez

Telcoin Price Shows Strong Recovery and Testing Resistance

chest

Telcoin's price has made a significant recovery, testing the 0.0007 resistance level after a bounce from the 0.00046 support zone.

user avatarArif Mukhtar

Whale Accumulation Signals Potential Market Shift for LINK

chest

Intensified whale activity and increased open interest in LINK futures suggest a potential market shift for LINK.

user avatarMaria Gutierrez

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.