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News/Cyber & AI/NYS DFS Focuses on Cybersecurity Violations and Increasing Crypto Resources
Expert Opinion·Cyber & AI Brief

NYS DFS Focuses on Cybersecurity Violations and Increasing Crypto Resources

On May 1, 2023, the New York State Department of Financial Services issued a consent order, imposing a $1.2 million fine on bitFlyer USA, a cryptocurrency trading platform and custodial wallet service provider.

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