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Letitia James, a New York attorney, issued an investment alert to crypto investors, warning them about the hazards associated with cryptocurrencies. The warning comes after a scenario in which tens of thousands of investors lost billions as the stock market plummeted to new lows. “Over and over again, investors are losing billions because of risky cryptocurrency […]
New York Attorney General, Letitia James to issue a new guidance on the risks inherent in the crypto industry (Read More)
New York Attorney General Letitia James ends operations for Coinseed following complaints that client funds had been converted to DOGE without their knowledge.
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding fraudulent schemes associated with its lending platform. Genesis and NYAG [...]
The post Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute appeared first on Crypto Breaking News.
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto assets as securities, including the case against Terraform Labs, which insists [...]
The post SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit appeared first on Crypto Breaking News.
According to a press release issued on June 15 by the Office of the New York State Attorney General, the cryptocurrency exchange Coinex has reached a settlement with Letitia James, the chief law enforcement officer. The attorney general stated that Coinex will pay $1.7 million in penalties and refunds and is barred from operating its [...]
The post Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market appeared first on Crypto Breaking News.
New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and it is time to bring law and order to the multi-billion-dollar industry,” said Attorney [...]
The post ‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US appeared first on Crypto Breaking News.
Former Celsius Network Alex Mashinsky will now have to defend himself against a lawsuit filed by New York Attorney General Letitia James after a New York County Supreme Court Justice rejected his attempts to have the suit dismissed. The court’s decision blocks the attempt by Mashinsky to stop James from seeking to preclude him from [...]
The post US Court Dismisses Former Celsius Network CEO’s Motion to Block New York Attorney General’s Lawsuit appeared first on Crypto Breaking News.
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