NYAG

16:9 KuCoin (Shutterstock)
KuCoin to Pay $22M, Exit New York to Settle State Suit
The exchange will pay $5.3 million to the attorney general's office and refund New York customers $16.77 million.
16:9 KuCoin (Shutterstock)

Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Stablecoin issuer Tether kept its funds in four banks, two investment management firms, two gold depositories, and a gold broker and on its own sister company Bitfinex in Marc...
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents

(Shutterstock)
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Obtained by CoinDesk under a Freedom of Information Law request, the documents offer a rare but limited window into the reserves behind USDT, the crypto market’s largest stabl...
(Shutterstock)

Tonya Evans (ProfTonyaEvans.com)
Ether a Security? That Could Have Huge Ramifications for Crypto, Legal Expert Says
The outcome of the New York Attorney General's lawsuit against KuCoin could prompt federal regulatory action against the second-largest crypto asset, says Penn State Universit...
Tonya Evans (ProfTonyaEvans.com)

New York State Attorney General Letitia James (Alex Kent/Getty Images)
New York Attorney General Alleges Ether Is a Security in KuCoin Lawsuit
A press release said the lawsuit was part of ongoing "efforts to crack down on unregistered cryptocurrency platforms."
New York State Attorney General Letitia James (Alex Kent/Getty Images)

New York Attorney General Letitia James (Michael M. Santiago/Getty Images)
NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities
The petition alleged that CoinEx listed various tokens and services that qualify as securities and/or commodities under state law.
New York Attorney General Letitia James (Michael M. Santiago/Getty Images)

Friedman LLP lied about some of its accounting practices, the SEC said Monday. (CoinDesk)
Tether's Former Auditor Fined $1M by SEC for Sloppy Accounting
Friedman LLP, a New York-based accounting firm that provided auditing services for the stablecoin issuer in 2017 is accused of “serial violations of the federal securities law...
Friedman LLP lied about some of its accounting practices, the SEC said Monday. (CoinDesk)

US Agencies Warn of Attempts by North Koreans to Get IT Jobs
US Agencies Warn of Attempts by North Koreans to Get IT Jobs
Three U.S. government agencies warned on Monday that some North Korean IT workers were trying to secure jobs while concealing their nationalities. CoinDesk’s Nikhilesh De disc...
US Agencies Warn of Attempts by North Koreans to Get IT Jobs