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FY05 Protestors Achieve Effective Relief 37% Of Time At GAO

Client Alert | less than 1 min read | 01.27.06

GAO recently reported to Congress a 23% "sustain" (win) rate for protests decided in FY05. Even more impressive, GAO reported an "effectiveness" rate of 37%, meaning that, between winning the protest and having the agency concede error and take corrective action before a decision was rendered, protestors obtained effective relief in over one-third of the protests resolved last fiscal year.

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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....