New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms – Regulation Bitcoin News

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New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms – Regulation Bitcoin News
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'I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint,' Letitia James also said. cryptocurrency

New York Attorney General Letitia James has urged investors in her state who believe they have been deceived by a crypto platform to contact her office. “Investors were promised large returns on cryptocurrencies, but instead lost their hard-earned money,” she stressed.New York Attorney General Letitia James issued an investor alert on cryptocurrency Monday.

James urged any New Yorker deceived or affected by cryptocurrency platforms to contact the Office of the Attorney General . In addition, she encouraged anyone in the cryptocurrency industry “who may have witnessed misconduct or fraud to file a whistleblower complaint with her office,” adding that it can be done anonymously.

“The recent turbulence and significant losses in the cryptocurrency market are concerning,” the attorney general emphasized, elaborating:The alert details that in the last few months, investors have lost hundreds of billions of dollars in cryptocurrency markets, citing the terra and terrausd collapse and withdrawal freezes at several crypto firms, such as Voyager Digital and Celsius Network.

“OAG is interested in hearing from New York investors who have been locked out of their accounts, who are unable to access their investments, or who have been deceived about their cryptocurrency investments,” the announcement adds.about investing in cryptocurrency, stating that the crypto market is “extremely unpredictable” and “unstable.”

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