Press Coverage November 5, 2026

Binance Hack Raises Prospects of Legal or Regulatory Actions

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Stephen C. Piepgrass

Stephen Piepgrass, a partner in Troutman Pepper Locke’s Regulatory Investigations, Strategy + Enforcement Practice Group, was quoted in the November 5, 2026, Bloomberg Law article, “Binance Hack Raises Prospects of Legal or Regulatory Actions.”

  • The CFTC, even if it wants to step up now, is constrained by limited staff, said Troutman Pepper Locke’s Stephen Piepgrass, who leads the firm’s regulatory investigations group.
  • “Obviously, national security implications of that sort of activity would lend pressure to a regulator like CFTC to bring them under their authority,” he said. “But all of that requires staff.”
  • State attorneys general and Congress may also play a role, he said.
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