Amended complaint filed against NYDFS BitLicense

247 Bitcoin

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


The original complaint that was filed in 2015 has been amended and re-written from scratch.

This new amended complaint contains four parts:
http://article78againstnydfs.com/docs/Index-101880-15/11-FiledAmmendedComplaint/01-AmendedComplaint.pdf

  1. Violation of the Separation of Powers Doctrine and Ultra Vires Conduct
  2. Arbitrary and Capricious Regulation
  3. Federal Preemption
  4. Violation of the First Amendment of the U.S. Constitution and the New York Constitution

The State has something like 30 days to submit their motion to dismiss. We'll answer that motion and then we go in front of the judge on August 31, 2017.

You will find all the documents here: http://article78againstnydfs.com/raw.php

Please share with any one interested in the story.

The bill has reached some $70, 000. If you can share this email from the Bitcoin Foundation: https://bitcoinfoundation.org/bitlicense-theo-chino
For those in the US, happy Memorial Week End.

Regards,
Theo Chino

submitted by /u/theochino
[link] [comments]

247 Bitcoin

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


Leave a Reply