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DoD Seeks Changes to the Program Fraud Civil Remedies Act

Client Alert | 1 min read | 04.26.16

On April 12, 2016, DoD sent its legislative proposal package to Congress and requested (in section 805) changes to the Program Fraud Civil Remedies Act to create, in DoD’s view, a more viable administrative remedy for fraud and false claims totaling less than $500,000. In addition to increasing the ceiling on false claims allegations that can be brought under the PFCRA, DoD seeks to place the decision of whether adequate evidence of liability exists in the hands of suspending and debarring officials, raising for contractors serious concerns, some of which are summarized in the associated blog post.

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Client Alert | 4 min read | 02.19.26

Proposed NY Legislation May Mean Potential Criminal Charges for Unlicensed Crypto Firms

On January 14, 2026, State Senator Zellnor Myrie proposed legislation in the New York State Senate that would amend New York law to make it a criminal offense to operate a virtual currency business in New York without the proper license. By introducing the possibility of criminal penalties, Senate Bill S. 8901, the Cryptocurrency Regulation Yields Protections, Trust, and Oversight Act (CRYPTO Act), would mark a significant regulatory shift in the state’s oversight of virtual currency businesses, given New York’s prominence in virtual currency regulation in the U.S....