Navigating 2025: Regulatory Shift to the States and the FTC in the Digital Asset Landscape — The Crypto Exchange Podcast
A Conversation with NAAG President and Iowa Attorney General Tom Miller - Regulatory Oversight Podcast
What is Consumer Fraud and What Deceptions are Employed?
On February 26, the U.S. District Court for the Southern District of Indiana granted a motion to compel arbitration and stayed proceedings in a case brought by a retired professional alleging deceptive sales practices,...more
On February 17, New York State Attorney General Letitia James issued a consumer alert and digital guide warning residents about “pig butchering” scams targeting individuals through social media, dating apps, unsolicited...more
There is no silver lining for a victim who suffers a financial fraud attack, but federal tax law may provide a degree of relief. Financial fraud is a serious concern for all businesses and individuals, regardless of...more
On November 17, the DOJ released its Annual Report to Congress on Efforts to Combat Elder Fraud and Abuse. According to the report, criminal and civil litigators pursued 283 enforcement actions against over 600 defendants...more
Arizona AG Kris Mayes announced the enactment of a new cryptocurrency consumer protection law—the Cryptocurrency Kiosk License Fraud Prevention Act—aimed at safeguarding Arizonans, especially seniors, from crypto ATM scams....more
On March 10, California Attorney General Rob Bonta released news of shutting down 42 allegedly fake cryptocurrency websites in 2024 that scammed victims out of at least $6.5 million. The scams supposedly issued an average...more
In this special joint edition of the Crypto Exchange and the Consumer Finance Podcast, host Ethan Ostroff is joined by colleagues James Kim and Chris Willis to discuss the anticipated regulatory approaches to digital assets...more
Iowa AG Brenna Bird sued cryptocurrency ATM operators Lux Vending, LLC, and Bitcoin Depot Operating, LLC (collectively, “Bitcoin Depot”) and GPD Holdings LLC d/b/a CoinFlip (“CoinFlip”) for allegedly failing to protect...more
Last week the Federal Trade Commission (FTC) joined the Securities Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) in bringing charges and announcing settlements with the now-bankrupt cryptocurrency...more
Plaintiffs filed suit in the District Court for the District of Delaware against Shopify Inc. and TaskUs Inc., alleging that the companies failed to implement measures to prevent a data breach that resulted in a breach of...more
The Federal Trade Commission (FTC) recently released data showing that more than 95,000 consumers reported losses totaling $770 million from fraud schemes that started on social media. ...more
We highlighted in a recent post regulators’ clear intentions to bring greater order to the cryptocurrency industry this year. The last three weeks have demonstrated that private litigants are not waiting on regulators to rein...more
On November 8, 2021, the National Association of Attorneys General (NAAG) held its Fall Consumer Protection Conference in person for the first time in two years with more than 170 attendees at the live program and...more
CYBERSECURITY - Cyber Fraud Cost $1.4 Billion in 201 - The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) recently released its yearly internet crime report, which states that over 300,000...more