Letitia James

Binance.US is ostensibly separate from the main Binance brand, but recent reports have shown that Binance CEO Changpeng Zhao has used the U.S.-based exchange for funds.Photo: K.unshu (Shutterstock)The world’s largest crypto exchange Binance is facing intense scrutiny as of late, and the pressure doesn’t seem to be letting up. Through the exchange’s U.S.-based “partner” Binance.US, the crypto company has been looking to Pac-Man up failed exchange Voyager Digital assets after striking a deal back in December last year. Just…

A court-appointed investigator said that Celsius’ ex-CEO Alex Mashinsky had sold over $68 million worth of the network’s native CEL token since 2018, all while the network was using customer funds to prop up CEL’s price.Photo: Kevin McGovern (Shutterstock)Before it eventually imploded, the crypto lender Celsius Network promised users it would not be any regular bank—no, it would be bigger than a bank—and users could “unbank” themselves by funneling some of their funds to Celsius. Users would gain interest while Celsius…

Photo: Emilee Chinn (Getty Images)The future of facial recognition use by private companies in the United States could boil down to who emerges victorious in an ongoing dispute between a collection of lawyers and a petty, authoritarian New York billionaire. The place: one of America’s most famous venues, Madison Square Garden. The owner: James Dolan. Over the past three months, multiple lawyers in the New York area have come forward with dramatic accounts of being denied entry into Madison Square Garden and other venues…

State Attorney General Letitia James speaks during Martin Luther King Jr. Day at National Action Network House of Justice Headquarters.Lev Radin | Lightrocket | Getty ImagesNew York Attorney General Letitia James wants to hear from Madison Square Garden Entertainment Corporation about the company's reported use of facial recognition technology at its venues.MSG Entertainment has reportedly used the technology to identify and deny entry to multiple lawyers affiliated with law firms involved in ongoing litigation relating…

New York Attorney General Letitia James is asking Madison Square Garden Entertainment Corp. for information related to its alleged use of facial recognition technology to prevent certain ticket holders from entering its venues. The state attorney general’s office said Wednesday the company, which operates Madison Square Garden and Radio City Music Hall in New York City, has reportedly used the technology to bar lawyers from…

Former President Donald Trump stands on the 18th green during the Pro-Am tournament before the LIV Golf series at Trump National Doral, Oct. 27, 2022.Jasen Vinlove | USA Today Sports | ReutersFormer President Donald Trump on Friday morning voluntarily dropped a longshot federal lawsuit in Florida against New York's attorney general — a day after the same judge in the case sanctioned him and his lawyer nearly $1 million for filing another, "frivolous" lawsuit against Hillary Clinton and many other defendants.The judge,…

Alex Mashinsky, the Celsius co-founder and former CEO who suspiciously cashed out $17 million in crypto prior to halting customers’ crypto withdraws and ahead of the company’s eventual bankruptcy, has found himself on the receiving end of a scathing civil lawsuit accusing him of defrauding hundreds of thousands investors out of billion of dollars by misrepresenting the shaky platform’s safety. The suit, filed Thursday by New York Attorney General Letitia James, alleges Mashinsky engaged in a years-long scheme to defraud…

Photo: Spencer Platt (Getty Images)New York’s Attorney General Letitia James wants to criminalize online homicide videos and see revisions to Section 230 of the Communications Decency Act to hold tech platforms liable for propagating violent livestreams.James hopes those proposals, which would almost certainly face legal scrutiny, could potentially help prevent a repeat of the racially motivated Buffalo, New York supermarket shooting that left 10 people dead. Rather than a one off case of evil, James said the Buffalo…

The world's biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style "bank run."Justin Tallis | AFP via Getty ImagesTether, the world's largest stablecoin, has slashed back its commercial paper holdings to zero, replacing them with U.S. Treasury bills instead, according to a blog post. The popular U.S.-dollar-pegged cryptocurrency said the move is part of tether's "ongoing efforts to increase transparency" and back its tokens with "the most secure reserves in the market" —…

Eight US state regulators charged cryptocurrency lender Nexo Group for allegedly failing to register its Earn Interest Product, as authorities crackdown on digital asset platforms rocked by a crypto winter in recent months. Regulators from New York, California, Kentucky, Maryland, Oklahoma, South Carolina, Washington and Vermont all filed administrative actions against the company, saying its accounts would qualify as securities and should be registered as such. "Nexo violated the law and investors' trust by falsely…