Regulation - Page 59

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Crypto Rug Pulls Targeted in NY Lawmakers’ Proposed Crackdown Bill

March 7, 2025
New York lawmakers have introduced a bill to protect investors by cracking down on scams such as crypto rug pulls and private key theft, imposing stricter penalties. Assemblymember Clyde Vanel, chair of the New York Assembly’s Banks Committee, introduced Bill A06515 on March 5, aiming to strengthen penalties for cryptocurrency fraud. The legislation seeks to
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