New York State Assembly documents show that New York State Assemblyman Vanel has introduced bill number A06515, which aims to criminalize virtual token fraud, illegal "pull and run", private key fraud, and fraud by failing to disclose virtual token interests. Once the bill is passed, it will clearly define various types of fraud in the cryptocurrency field and provide a legal basis for combating illegal acts in the blockchain industry. There is currently no similar bill and it is still under consideration.