• 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

Japan Tightens Access to Crypto Through Regulated Exchanges

chest

Japanese authorities are enforcing stricter access to cryptocurrency platforms, limiting services to those that comply with domestic regulations.

user avatarRajesh Kumar

PEPE Token Shows Strong Performance Against Major Cryptocurrencies

chest

PEPE token showed strong performance with a 146% increase against USD, maintaining stability and key support levels.

user avatarJesper Sørensen

Vitalik Buterin Emphasizes Individual Sovereignty in Ethereum Development

chest

Vitalik Buterin emphasizes the importance of individual sovereignty in Ethereum development, urging developers to prioritize resilience over convenience.

user avatarLucas Weissmann

Institutional Interest in Ethereum Grows Amid Regulatory Clarity

chest

Institutional investors are increasingly building on Ethereum due to clearer regulatory frameworks in the U.S., leading to a surge in stablecoin transfer volume.

user avatarFilippo Romano

Technological Advances Transform Fan Engagement in Sports

chest

Technological advancements in streaming and AI are reshaping how fans engage with sports content.

user avatarEmily Carter

DGrid Unveils Innovative Proof of Quality Mechanism

chest

DGrid unveils its Proof of Quality mechanism to ensure AI result reliability in a decentralized network.

user avatarKaterina Papadopoulou

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.