Enforcement Actions
Consent Order for bitFlyer USA, inc
On February 28, 2024, The New York Department of Financial Services found that bitFlyer, USA, a Covered Entity under 23 NYCRR § 500, was deficient in the Company's cybersecurity program as mandaed by both the Cybersecurity Regulation and the Virtual Currency Regulation
Consent Order to Genesis Global Trading, Inc
On January 12, 2024, The New York Department of Financial Services found that Genesis Global Trading, Inc (GGT) was deficient in its Cybersecurity Program, among other State mandates.
Consent Order re: Bit Pay, Inc
On March 16, 2023, the New York Department of Financial Services found that BitPay, a Virtual Currency provider, as a Covered Entity under 23 NYCRR § 500, violated §§ 500.04 and 500.09.
Consent Order re: Coinbase, Inc.
On January 4, 2023, the Department of Financial Services found that failed to report a phishing event in violation of reporting requirements under 23 NYCRR § 500.17.
Consent Order re Robinhood Crypto, LLC.
On August 2, 2022, the Department of Financial Services found that Robinhood Crytpo, LLC violated various subsections of 23 NYCRR § 500 for failure to comply with the Department's Cybersecurity Regulations.
