New York


Policy

Tether's Attempt to Block CoinDesk's Request for Stablecoin Reserve Records Dismissed by New York Court

CoinDesk filed a Freedom of Information Law request for documents about Tether's reserves in 2021.

Tether. (Nikhilesh De/CoinDesk)

Policy

EminiFX CEO Eddy Alexandre Set to Plead Guilty to Role in Alleged $59M Ponzi Scheme

Alexandre was arrested in May and charged with fraud for his role in the alleged pyramid scheme.

Law Justice Court Legal (Shutterstock)

Finance

Bitcoin Miner Digihost Completes Controversial Power Plant Acquisition, Doubling Energy Capacity

Environmental groups oppose the transaction on the grounds that it impedes New York's greenhouse gas emissions goals.

The Digihost power plant in North Tonawanda, New York. (Eliza Gkritsi/CoinDesk)

Web3

Hermès vs. MetaBirkins: The NFT Case That Could Have Major Trademark and Artistic Consequences

The trial between NFT artist Mason Rothschild and French luxury house Hermès came to a close on Monday after a year-long trademark battle over an NFT project inspired by the brand's famous handbag.

MetaBirkins project home page (metabirkins.com)

Tech

Genesis Seeks $20.9M From ‘Bitcoin Jesus’ Over Crypto Options Trades That Weren’t Settled

The court action seeks damages from Bitcoin Cash backer Roger Ver related to the alleged failure to settle cryptocurrency options transactions that expired on Dec. 30, 2022.

Roger Ver (YouTube screenshot)

Policy

In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds

The crypto exchange's bankruptcy proceedings revealed poor segregation of customer funds, so the New York regulator is reminding service providers to keep clean records.

El fundador de FTX, Sam Bankman-Fried, se declaró “no culpable” de ocho cargos en un tribunal federal. (Michael M. Santiago/Getty Images)

Policy

Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges

The settlement will also require Coinbase to invest $50 million to bolster its compliance program.

(Unsplash)

Web3

Web3 Co-Working Hub EmpireDAO Closes Amid Bear Market Woes

The hopeful “WeWork of Web3” is closing its doors and looking for a new home just months after it opened at 190 Bowery in Manhattan.

Interior of EmpireDAO (Danny Nelson/CoinDesk)

Videos

Sam Bankman-Fried's Lawyers Ask Court To Redact Identities of $250M Bail Co-Signers

Court filings reveal that lawyers for Sam Bankman-Fried have asked a judge to redact the names and identifying information of the two co-signers, in addition to his parents, for the former FTX CEO's $250 million bail. "The Hash" panel discusses the latest legal developments ahead of the former FTX CEO's appearance in a New York City court Tuesday afternoon.

Recent Videos

Videos

FTX Founder Sam Bankman-Fried Expected To Enter Not Guilty Plea: Report

FTX Founder Sam Bankman-Fried awaits arraignment in New York federal court, where he is reportedly expected to plead not guilty, according to the Wall Street Journal. Champel Capital Co-Founder Amir Weitmann discusses his take on the FTX implosion and how it compares to the Bernie Madoff scandal. Plus, his outlook for VC crypto investments.

Recent Videos