New York Court Rejects ‘Autonomous Transfers’ Defense in Regal Commodities Case
Regal Wins, Crypto Traders Lose Ground New York’s Appellate Division just handed Regal Commodities a decisive win, ruling that a commodities trader’s unauthorized account transfers were not shielded by supposed “decentralized” instructions. The decision tightens the noose on anyone hoping New York courts will treat crypto or commodity accounts like lawless digital frontiers. For exchanges…
