On March 4, 2026, Ari Redbord, serving as Global Head of Policy at TRM Labs, provided testimony before the New York State Senate Standing Committee on Codes. According to a press release from TRM Labs, the session focused on financial exploitation and cyber fraud.

The organization published information stating that the testimony was given during an official hearing and invited interested parties to review the written version of the statement or its video recording. No other independent sources currently confirm the content of the discussion.

As available information is limited to a brief description of the event from the organizer of the testimony itself, the exact arguments presented, proposed measures, or the reaction of legislators remain unknown to the general public based on current data.