Tags: New York

US company Bounce Exchange filed a second lawsuit against its London-based rival. Bounce sued Yieldify in New York and Texas district court for the allegation of copying its code.

A gun-trafficking group that brought in guns to New York was busted by the NYPD following months-long operation. A couple from New Jersey was arrested, along with their 3 other accomplices in Virginia and another from Georgia. Manhattan District Attorney Cy Vance, Jr. sought for lawmakers to create a gun kingpin statute that will elevate the punishment for gun traffickers who sold more than 20 guns illegally.

New York state’s financial regulator has told 13 foreign banks doing business there to hand over details about their dealings with a law firm in Panama that helped set up thousands of shell companies.