2023-1-6 21:57 |
Former Celsius CEO Alex Mashinsky is being sued by the New York Attorney General for defrauding investors and making false statements about the companys financials. Mashinsky Feels the Heat Alex... origin »
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New York Attorney General Letitia James took to Twitter to announce she will file a lawsuit against former Celsius CEO Alex Mashinsky for defrauding investors.
2023-1-6 22:42 | |
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According to the Wall Street Journal, Celsius co-founder Alex Mashinsky was sued by New York Attorney General Letitia James. The government official filed a civil lawsuit against Mashinsky, accusing him of “defrauding investors out of billions of dollars.
2023-1-6 21:14 | |
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Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether’s reserves. These documents were released two years after our original filing in 2021 and only after a full-blown legal fight with Tether, which CoinDesk won in February.
Brooklyn-based crypto trading platform Coin Cafe is paying back $4.3 million to defrauded investors, according to a Thursday statement from the New York Attorney General’s office, which accused the company of misleading customers about “exorbitant and undisclosed” fees.
New York Attorney General (AG) Letitia James has proposed a new state bill to regulate the cryptocurrency industry further, as she believes the space is enduring “rampant fraud and dysfunction”. This new set of crypto regulations would impose independent public audits of crypto exchanges, ensuring that New York residents do not lose their cryptocurrency investments to deceptive business practices.
The bill follows legal suits pursued by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo.
New York Attorney General (NYAG) Letitia James, claimed in court that ethereum (ETH) is security and exchanges should register it before offering it for trading.
New York Attorney General sues CoinEx as the US regulators continue their strict stance against Web3 firm. The post US Crypto Clampdown Continues as New York Attorney General Sues CoinEx appeared first on BeInCrypto.