Latest from Cheyenne Ligon
N.Y. Man Arrested, Charged With Fraud for Alleged Role in $59M Crypto Pyramid Scheme
The FBI says Eddy Alexandre promised investors he could double their money with a “robo-adviser” – and then spent their money on luxury cars and business expenses.

5 US States Issue Emergency Orders to Shut Down Metaverse Casino With Alleged Russian Ties
A multi-state cease-and-desist letter issued Wednesday calls the Flamingo Casino Club “simply a high tech scam.”

Can You Really Build a ‘Crypto Empire’ in the Empire State?
Mayor Eric Adams wants to make New York City the biggest crypto hub in America, but there are a host of obstacles in his way.

The NY Mining Moratorium’s Odds Just Got a Lot Worse
The Senate Environmental Conservation Committee won't consider the controversial bill, according to a schedule released Thursday.

Crypto Mining Moratorium Faces Stiff Headwinds in Albany
The New York State Assembly voted to pass the bill last week, but a fresh wave of opposition from industry and lawmakers alike could make the Senate battle much more difficult.

Hester Peirce Knocks SEC’s Plans to Add to Crypto Enforcement Staff
The SEC commissioner has been wary of heavy-handed policing of digital assets.

What a Mining Moratorium Could Really Mean for New York’s Crypto Industry
The state's proposed two-year ban is inching closer to reality, and experts warn about its potentially chilling effect.

International Tax Consortium Lists ‘Red Flag Indicators’ of Fraud in NFT Marketplaces
The guidance, which is the first of its kind from the Joint Chiefs of Global Tax Enforcement, lists both strong and moderate indicators of fraud.

New York Lawmakers Advance Mining Moratorium Bill to Full Assembly
The bill would bar new permits for proof-of-work mining operations in former power plants for two years.

New York Man Arrested for Alleged $1.8M Crypto Mining Scam
Authorities say 37-year-old Chet Stojanovich promised to take a customer on 31-hour road trip to see the non-existent mining equipment in Canada – and then abandoned him at the Buffalo airport.

