Khurram Dara, erstwhile defender of the blockchain at Coinbase – or, as he might call it, the noble steed of digital freedom – has declared his bid for the role of New York’s Attorney General. Because, why not? Everyone loves a former crypto lawyer fantasizing about wielding state power with blockchain bravado, right? 😎
Former Coinbase Legal Eagle Calls Out NY AG’s Partisanship – With a Side of Sarcasm
Come Friday, November 21, Dara took to the social media megaphone-known as X-declaring his campaign and revealing a blueprint for his grand plans. His mission? End the “lawfare”-that fancy word for “legal bullying” – where current AG Letitia James seems to think she’s auditioning for a spot in political Hollywood rather than safeguarding the law. Apparently, her focus is less about justice and more about her upward climb. Athletic, no? 🏃♀️💼
Armed with a resume boasting crypto and fintech creds-think Coinbase and Bain Capital Crypto-Dara claims he’s seen enough of big government’s “neutral” approach to target innovation and entrepreneurship with all the subtlety of a sledgehammer. His words: he wishes to unmask the “partisanship” and put business back on the straight and narrow. Good luck with that, buddy! 🍀
Dara’s campaign highlights include:
Ending lawfare, prioritizing public safety, and transforming New York into a haven for startups and dreamers. His plan? Tackle affordability, curb “overzealous” uses of the Martin Act, end the cozy practice of paying private law firms on contingency, and fight regulations that seem to have been drawn up over confusing brunch debates. Because nothing screams “change” like banning contingency fees, right? 🛑💼
Running under the Republican banner-yes, it’s official-Dara aims to address the New Yorkers’ angst over rising living costs and the daunting expense of every day. A noble goal, or at least a shiny pretend one designed to get votes. 🎯
Crypto in the Empire State: A New Dawn or Just More Thunder?
Meanwhile, the ever-stern AG James has carved herself a reputation for strict, sometimes overbearing, regulation on the crypto realm. Since 2019, her crusade has included lawsuits against crypto heavyweights like Gemini and Genesis, although some of these battles concluded with “settlement”-fancy talk for “we’ll think about it.” 🧐
A New Dawn for Crypto in New York?
Enter Zohran Mamdani, the soon-ish-mayor-elect, who leans more toward “regulation with a touch of reason” rather than James’s zero-tolerance stance. He’s echoed some of her protective measures, especially around investor safety, but remains cautious about turning crypto into a city-wide police state. After all, he’s probably seen enough dystopian movies to know that unchecked oversight often leads to chaos. 🍿
As of today, the crypto universe amounts to a staggering $2.87 trillion market cap-roughly the size of a small country-and, like the weather, it’s been mostly gloomy, shrinking nearly 10% last week under bearish clouds. Looks like even crypto can’t escape the doom and gloom. ☁️📉
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2025-11-22 19:09