Manhattan DA Pushes Criminal Penalties for Unlicensed Crypto Operators – Decrypt
In brief Manhattan DA Alvin Bragg and New York State Senator Zellnor Myrie introduced the CRYPTO Act on Thursday to criminalize unlicensed virtual currency operations. The bill creates graduated penalties from Class A misdemeanor to Class C felony, with maximum sentences of 5 to 15 years in state prison. New York currently imposes only civil...
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