New York’s Attorney General issued an investor alert, imploring any New Yorker affected by the cryptocurrency crash to reach out to her office.
Attorney General Letitia James recounted how many cryptocurrency businesses have struggled or crumbled amid the current credit crunch, in the alert posted on her office’s website.
These circumstances have forced crypto platforms to freeze customer withdrawals, announce mass layoffs or file for bankruptcy, which James said has left many investors in financial ruin.
Sponsored Sponsored“The recent turbulence and significant losses in the cryptocurrency market are concerning,” said Attorney General James.
In addition to closing these exchanges, James directed another three platforms to immediately provide information about their activities and products.
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