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NY prosecutors raise alarm over GENIUS Act on fraud: Report

February 2, 2026 by DIGIT
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NY prosecutors raise alarm over GENIUS Act on fraud: Report

Five New York officials reportedly said Tether and Circle had been incentivized to not work with law enforcement, allowing them to profit off crimes involving stablecoins.

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  • bitcoinBitcoin(BTC)$78,381.001.83%
  • ethereumEthereum(ETH)$2,337.041.17%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$773.132.29%
  • rippleXRP(XRP)$1.621.60%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$104.523.77%
  • tronTRON(TRX)$0.283122-0.60%
  • staked-etherLido Staked Ether(STETH)$2,334.341.25%
  • dogecoinDogecoin(DOGE)$0.1079003.89%
© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$78,381.001.83%
  • ethereumEthereum(ETH)$2,337.041.17%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$773.132.29%
  • rippleXRP(XRP)$1.621.60%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$104.523.77%
  • tronTRON(TRX)$0.283122-0.60%
  • staked-etherLido Staked Ether(STETH)$2,334.341.25%
  • dogecoinDogecoin(DOGE)$0.1079003.89%