4 articles tagged with #new-jersey. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
Delaware and New Jersey are advancing legislation to ban cryptocurrency ATMs as federal data reveals a 23% increase in fraud complaints and $388 million in scam losses tied to crypto kiosks. These state-level bans reflect growing regulatory concern over the misuse of crypto ATMs in facilitating consumer fraud and money laundering.
Delaware and New Jersey are advancing legislation to ban cryptocurrency ATMs as FBI data reveals $388 million in fraud losses tied to crypto kiosk scams in 2025. The crackdown reflects growing regulatory concern over ATMs' role in facilitating unauthorized transactions and scams targeting consumers.
New Jersey's state pension fund has allocated $16.2M to Strategy shares as a method to gain Bitcoin exposure while maintaining regulatory compliance. This move reflects institutional adoption of cryptocurrency through structured investment vehicles rather than direct asset ownership.
John Alite, a former Gambino crime family enforcer who became a government witness against the Gotti family, was elected to a New Jersey city council position but was subsequently arrested and charged with extortion and loansharking while serving as a sitting councilman. The case highlights the challenges of criminal rehabilitation and raises questions about vetting processes for public office.
