![United States: New York Settles With Crypto Company, Proposes Crypto Legislation - Sheppard Mullin Richter & Hampton](https://cdn.newsserve.net/ONPglobe256.png)
United States: New York Settles With Crypto Company, Proposes Crypto Legislation - Sheppard Mullin Richter & Hampton
On May 1, NYDFS settled with a cryptocurrency trading platform over the company's cybersecurity deficiencies, resulting in a consent order and $1.2 million fine for the crypto company.
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