Alvin Bragg
Manhattan District Attorney Alvin Bragg has co-sponsored legislation to make it a crime for New York businesses to handle cryptocurrency without a license. The proposed CRYPTO Act would impose felony charges carrying up to 15 years in prison for those processing over $1 million in transactions. This move aims to align state law with federal standards and combat crypto-related crimes.
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Manhattan District Attorney Alvin Bragg outlined his second-term priorities during a speech at New York Law School, emphasizing guns, shoplifting, and cryptocurrency enforcement. He highlighted crypto's role in enabling other crimes and called for stronger regulations. Bragg stressed a systemic approach to prosecution beyond individual offenders.