cryptojournalist
Eighteen states, including Ohio, West Virginia, and Nebraska, are suing the SEC and its head, Gary Gensler. They claim the agency is overstepping and taking away states’ power to regulate crypto.
Bitcoin Miner Gets Another Chance in NY
Greenidge Generation can keep mining Bitcoin after a New York court ruling. The company is also reapplying for an air permit previously denied under state climate laws. The court found the denial inconsistent but within the DEC’s rights.
Crypto Legal Battles Might Ease Under Trump
Joe Lubin from Consensys says Trump’s administration might dismiss or settle many SEC crypto cases. This could save the crypto industry millions of dollars as regulations become less aggressive.
Fewer Crypto Cases Coming in NY
Federal prosecutor Scott Hartman says his office will scale back crypto-related cases. He noted that regulators are now taking charge of fraud cases in the crypto space.
