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Latest from Cheyenne Ligon
Former BitMEX CEO Arthur Hayes Faces 6 to 12 Months in Jail at Sentencing Hearing Friday
Hayes pleaded guilty to one count of violating the Bank Secrecy Act (BSA) in February, and faces a sentence of up to 12 months in prison.

NYDFS Chief Says Regulators Need to Develop a ‘21st Century Framework’ for Crypto
NYDFS Superintendent Adrienne Harris says the regulatory agency will triple the size of its virtual currency unit by the end of the year.

US and EU Look to Blockchain to Track Greenhouse Gas Emissions
The U.S.-EU Trade and Technology Council’s Climate and Clean Tech working group announced its aims in a joint document published Monday.

N.Y. Man Arrested, Charged With Fraud for Alleged Role in $59M Crypto Pyramid Scheme
The FBI says Eddy Alexandre promised investors he could double their money with a “robo-adviser” – and then spent their money on luxury cars and business expenses.

5 US States Issue Emergency Orders to Shut Down Metaverse Casino With Alleged Russian Ties
A multi-state cease-and-desist letter issued Wednesday calls the Flamingo Casino Club “simply a high tech scam.”

Can You Really Build a ‘Crypto Empire’ in the Empire State?
Mayor Eric Adams wants to make New York City the biggest crypto hub in America, but there are a host of obstacles in his way.

The NY Mining Moratorium’s Odds Just Got a Lot Worse
The Senate Environmental Conservation Committee won't consider the controversial bill, according to a schedule released Thursday.

Crypto Mining Moratorium Faces Stiff Headwinds in Albany
The New York State Assembly voted to pass the bill last week, but a fresh wave of opposition from industry and lawmakers alike could make the Senate battle much more difficult.

Hester Peirce Knocks SEC’s Plans to Add to Crypto Enforcement Staff
The SEC commissioner has been wary of heavy-handed policing of digital assets.

What a Mining Moratorium Could Really Mean for New York’s Crypto Industry
The state's proposed two-year ban is inching closer to reality, and experts warn about its potentially chilling effect.
