Analysis

States 'Stepped Into The Breach' As Crypto Market Exploded

Law360 (June 26, 2019, 9:53 PM EDT) -- While the eyes of the investing public have been trained on the U.S. Securities and Exchange Commission’s efforts to police the nascent cryptocurrency market over the past 18 months, New York’s attorney general turned heads in April when she accused digital currency trading platform Bitfinex of hiding the loss of $850 million by tapping into the reserves of an affiliated cryptocurrency.

AG Letitia James’ efforts to halt the alleged "dissipation" of U.S. dollars were the culmination of strides state agencies have made alongside federal regulators since the price of bitcoin hit its all-time high at the end of 2017. As the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS