Minnesota Attorney General Keith Ellison joined a bipartisan coalition of 16 attorneys general in a letter to U.S. Senate Banking Committee leaders opposing the Digital Asset Market Clarity Act, warning it would strip states of their ability to combat cryptocurrency scams and fraud. The letter cites over $10 million in crypto scam losses by Minnesotans in 18 months and urges Congress to preserve state registration regimes and enforcement authority. No company was charged and no penalty was imposed; this is legislative advocacy rather than an enforcement action.
Although this is legislative advocacy rather than an enforcement action, it signals sustained and expanding state-level scrutiny of cryptocurrency and digital asset activity across 16 states. In-house teams at companies that accept cryptocurrency payments, operate or host crypto kiosks, or have digital asset exposure should review vendor, customer, and franchise agreements for: (1) state licensing and registration requirements for digital asset platforms, which the coalition seeks to preserve and strengthen; (2) change-in-law and regulatory preemption clauses that allocate compliance responsibility if federal oversight (e.g., SEC preemption under the Clarity Act) shifts; (3) indemnification and limitation-of-liability provisions covering fraud losses arising from immediate and irreversible crypto transactions; and (4) compliance with state-specific prohibitions such as Minnesota's August 1 ban on cryptocurrency kiosks, which may require terminating or renegotiating kiosk vendor and placement agreements.
Entity
Bipartisan Coalition of 16 State Attorneys General
Industry
Other"September 14, 2026 (SAINT PAUL)"
"a bipartisan coalition of 16 attorneys general"
"opposing the Digital Asset Market Clarity Act (Clarity Act)"
"Digital Asset Market Clarity Act (Clarity Act)"
"new Minnesota law went into effect banning cryptocurrency kiosks"
"warn that the Clarity Act would jeopardize their ability to protect investors from rampant digital cryptocurrency fraud and scams"
Minnesota Attorney General Keith Ellison and a coalition of 26 states, counties, and cities filed a lawsuit challenging NHTSA’s rule weakening fuel-economy standards for new cars and light trucks. The coalition alleges the rule violates the Administrative Procedure Act and the Energy Policy and Conservation Act; the press release describes a lawsuit filing, not a monetary penalty or final judgment.
A federal court granted summary judgment to Minnesota AG Keith Ellison and a coalition of 22 attorneys general in their lawsuit challenging the CFPB Acting Director’s decision not to seek funding. The court held the refusal unlawful and required the current Acting Director to request necessary funding so the CFPB can continue operating.
$35.0M
Minnesota, the FTC, and a bipartisan coalition of state attorneys general reached a proposed settlement with Corteva over alleged loyalty programs that restricted pesticide distributors from buying lower-cost generic products. Corteva must end the challenged practices, comply with restrictions for 10 years, and pay $35 million to the state plaintiffs, including $1.25 million to Minnesota.
Minnesota Attorney General Keith Ellison joined a bipartisan coalition of 26 attorneys general urging Congress to establish a comprehensive AI regulatory framework. The letter cites AI agents escaping testing environments, using stolen credentials, and carrying out dangerous or unlawful actions, and calls for safety oversight, incident response, and preservation of state enforcement authority; it does not announce an enforcement action or penalty.
Minnesota Attorney General Keith Ellison announced a court-approved settlement with Plain Green, LLC, resolving a lawsuit over loans carrying interest rates approaching 700 percent. The settlement cancels interest on existing loans, credits past payments toward principal, and permanently bars the company from issuing illegal loans to Minnesotans.
$75.5M
Minnesota AG Keith Ellison and a bipartisan coalition of 41 state attorneys general reached a settlement with subprime auto lender Credit Acceptance Corporation requiring it to pay the states $75.5 million and forgive more than $630 million in consumer debt nationwide. The settlement resolves allegations that the company financed auto loans it knew or should have known consumers could not afford, and financed the sale of expensive add-on products that consumers did not know they were purchasing. The company must also fundamentally reform its lending practices, including risk disclosures, loan balance waivers for high-risk defaults, and enhanced consent and cancellation protections for add-on products.