Crypto lawyer signals challenge to NY AG with lawfare message
Khurram Dara, a former policy counsel at Coinbase, is contemplating a run for New York State Attorney General in 2026, aiming to replace Letitia James. Dara has criticized James for engaging in 'lawfare' against the crypto industry, asserting that his campaign would focus on ending such practices. He has been vocal on social media regarding the legal situation of Tornado Cash co-founder Roman Storm and has targeted Senator Elizabeth Warren's stance on cryptocurrencies. James, in her role as Attorney General since 2019, has pursued legal actions against various crypto entities, including Genesis and KuCoin. As the New York AG position is pivotal for regulating digital assets, its significance is underscored by the state's status as a cryptocurrency hub. Dara, if he joins the race, would face other candidates, including Republican Michael Henry, who previously lost to James in 2022. The current AG has a 40% approval rating among New Yorkers, and Dara emphasizes the importance of embracing the crypto sector rather than stifling its growth.
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