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      New York attorney general secures permanent industry ban, up to $35M from former crypto lending CEO

      On October 9, the New York attorney general announced a settlement resolving the state’s 2023 lawsuit against the former CEO of a cryptocurrency lending platform. The settlement secures up to $35 million in contingent payments and permanently bars him from the securities, commodities and cryptocurrency industries....
      By: Orrick, Herrington & Sutcliffe LLP

      Source: JD Supra
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud