New York 2025 Session Status: Introduced

S7824 — Establishes certain offenses relating to crypto fraud

Last action — In Senate Committee

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced May 09, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The bill establishes offenses related to cryptocurrency fraud.

This legislation creates specific crimes for fraudulent activities involving cryptocurrencies, such as virtual token fraud and illegal rug pulls. It aims to address emerging fraud tactics in the crypto space.

What this means for you
  • Consumers: If you're involved in cryptocurrency, this bill seeks to safeguard you from emerging fraudulent schemes.

Summary

Establishes the offenses of virtual token fraud, illegal rug pulls and private key fraud.

Bill Text

Action History

  1. REFERRED TO CODES

  2. REFERRED TO CODES

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 218 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance technology
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S7824 do?
Establishes the offenses of virtual token fraud, illegal rug pulls and private key fraud.
Who sponsors S7824?
S7824 is sponsored by John Liu.
What is the current status of S7824?
This bill has been introduced in the Senate. Introduced May 09, 2025. It must pass committee before a floor vote.
Where can I track S7824?
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Last checked for changes 4 months ago · updated continuously

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