Ex-Coinbase Lawyer Announces Run for New York Attorney General, Citing Crypto Policy

Why It Matters

The contest could reshape New York’s regulatory stance on digital assets, potentially easing legal pressure on crypto firms if Dara wins, while also highlighting the growing political influence of the crypto industry.

Summary

Former Coinbase policy counsel Khurram Dara has officially launched a campaign to challenge incumbent New York Attorney General Letitia James in the 2026 election, running as a Republican. Dara, who previously led regulatory and policy work at Bain Capital Crypto and held positions at Fluidity and Airswap, argues that James has waged "lawfare" against the crypto sector, citing lawsuits against firms such as Genesis, KuCoin and NovaTech. The race is expected to be competitive in the Republican primary, and the AG’s office holds significant discretion over future crypto enforcement actions in the state. Dara’s candidacy joins other crypto‑aligned challengers, including former XRP‑holder advocate John Deaton, who is also seeking a high‑profile office as a Republican.