• 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

Ethereum Attempts Recovery Amidst Selling Pressure

chest

Ethereum is attempting to rebound after recent selling pressure, but the recovery is weak.

user avatarMaria Fernandez

Tesla Stock Anticipated to Surge Following Grok AI Launch

chest

Tesla stock is expected to rise following the launch of the Grok AI Assistant, which introduces new features for users.

user avatarGustavo Mendoza

Tesla Launches Grok AI Assistant in Europe, Boosting Stock Potential

chest

Tesla has launched its Grok AI Assistant in the UK and European markets, enhancing its vehicle software capabilities.

user avatarRajesh Kumar

China Boosts Oil Imports from Russia as India Shifts Focus

chest

China has significantly increased its oil imports from Russia after India ceased procurement under a US trade deal.

user avatarMiguel Rodriguez

Strategy's Bitcoin Accumulation Continues Despite Market Fluctuations

chest

Strategy has been consistently adding to its Bitcoin holdings for 12 weeks, despite market fluctuations.

user avatarLuis Flores

Fraudulent Letters Target Crypto Hardware Wallet Owners

chest

Crypto hardware wallet users are receiving fake letters impersonating Trezor and Ledger, designed to steal digital assets.

user avatarArif Mukhtar

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.