⚖️ New York State considers a crypto fraud bill!


📢 Bill A06515, proposed by Assemblyman Vanel, aims to establish multiple criminal offenses related to crypto fraud under NY Penal Law (Chapter K, Section 191).


🔍 Key offenses include:

✅ Virtual token fraud

✅ Illegal “Rug Pull” (project exit scams)

✅ Private key fraud

✅ Failure to disclose token-related conflicts of interest


⚠️ If passed, this could set a new legal precedent for crypto crime enforcement!


#Cryptolaw #Newyork #Rugpull #bitcoin #Ethereum✅