US Prosecutors Ask Judge to be Lenient on ex-Celsius Exec, Citing Cooperation
[ad_1] Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius. In a Monday letter filed in the US District Court for the Southern District of New York (SDNY), US Attorney Jay Clayton cited Cohen-Pavon’s “substantial assistance” to the government, by being prepared to […]
US Prosecutors Reject Tornado Cash Co-founder‘s Argument for Dismissal
[ad_1] Jay Clayton, the US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission (SEC), has penned a response to Tornado Cash co-founder Roman Storm’s motion for acquittal, criticizing his alleged criminal behavior. In a Tuesday filing in the US District Court for the Southern District […]
NY Prosecutors Raise Alarm over GENIUS Act on Fraud: Report
[ad_1] Several New York district attorneys have reportedly warned about the US federal stablecoin law, the GENIUS Act, claiming it fails to adequately address fraud. According to a Monday CNN report, New York Attorney General Letitia James and four district attorneys signed onto a letter saying that the GENIUS Act will “provide legal cover” for […]