As per the the recent regulatory framework introduced in NYS: http://www.dfs.ny.gov/about/press2014/pr1407171-vc.pdf

We operate as a exempt money-services business as per Federal/FinCEN guidelines; Unfortunately, the proposed NYS framework provides no exemption; and thus, for the time being, we will no longer accept customers who are residents of NYS. All affected customers have been notified to withdraw funds out of HEXS.NET.