On February 21, 2025, Bybit, one of the world’s largest cryptocurrency exchanges, suffered a cyberattack resulting in the theft of approximately $1.5 billion in Ethereum tokens. This attack marked a new pinnacle in the...more
3/6/2025
/ Anti-Money Laundering ,
Compliance ,
Cryptocurrency ,
Cybersecurity ,
Data Security ,
Digital Assets ,
Economic Sanctions ,
FinCEN ,
National Security ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Privacy Laws ,
Risk Mitigation
Over the past few days, the Department of Justice (DOJ) has issued several significant policy memos that reshape the landscape for corporate legal risk, particularly for multinational corporations engaged in international...more
This month, the NYDFS issued guidance on cybersecurity risks tied to AI for financial services firms, focusing on risks like AI-enabled attacks and third-party dependencies; California passed a law regulating AI in health...more