New York Attorney General Letitia James today continued her efforts to protect investors from fraudulent and deceptive virtual or “crypto” currency trading platforms by requiring Bitfinex and Tether to end all trading activity with New Yorkers.
New York's attorney general filed a lawsuit on Wednesday to shut down the cryptocurrency platform Coinseed Inc for allegedly defrauding thousands of investors, including by charging hidden trading fees and selling "worthless" digital tokens.
New York Attorney General James Sues To Shut Down Illegal Cryptocurrency Trading Platform And Virtual Currency, Seeks To Recoup Defrauded Funds For Thousands Of Investors - Coinseed Willfully Ignored Numerous Securities And Commodities Registration Laws - Unregistered Trading Platform Put Thousands Of Investors Money At Risk
New York Attorney General James Sues To Shut Down Illegal Cryptocurrency Trading Platform And Virtual Currency, Seeks To Recoup Defrauded Funds For Thousands Of Investors - Coinseed Willfully Ignored Numerous Securities And Commodities Registration Laws - Unregistered Trading Platform Put Thousands Of Investors Money At Risk Date
17/02/2021
New York Attorney General Letitia James today took legal action to shut down an illegally operating cryptocurrency trading platform that defrauded thousands of investors across the nation out of more than $1 million. In a lawsuit filed against Coinseed, Inc. the owner and operator of a virtual currency trading pl
New York’s Attorney General is attempting to shut down crypto investment app Coinseed for allegedly misleading investors with an unlicensed securities offering.