New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms

New York Attorney General Letitia James has urged investors successful her authorities who judge they person been deceived by a crypto level to interaction her office. “Investors were promised ample returns connected cryptocurrencies, but alternatively mislaid their hard-earned money,” she stressed.

Letitia James Issues Investor Alert connected Cryptocurrency

New York Attorney General Letitia James issued an capitalist alert connected cryptocurrency Monday. “Many high-profile cryptocurrency businesses person frozen lawsuit withdrawals, announced wide layoffs, oregon filed for bankruptcy, portion investors person been near successful fiscal ruin,” the alert states.

James urged immoderate New Yorker deceived oregon affected by cryptocurrency platforms to interaction the Office of the Attorney General (OAG). In addition, she encouraged anyone successful the cryptocurrency manufacture “who whitethorn person witnessed misconduct oregon fraud to record a whistleblower ailment with her office,” adding that it tin beryllium done anonymously.

“The caller turbulence and important losses successful the cryptocurrency marketplace are concerning,” the lawyer wide emphasized, elaborating:

Investors were promised ample returns connected cryptocurrencies, but alternatively mislaid their hard-earned money.

The alert details that successful the past fewer months, investors person mislaid hundreds of billions of dollars successful cryptocurrency markets, citing the terra (LUNA) and terrausd (UST) illness and withdrawal freezes astatine respective crypto firms, specified arsenic Voyager Digital and Celsius Network.

Attorney General James detailed:

I impulse immoderate New Yorker who believes they were deceived by crypto platforms to interaction my office, and I promote workers successful crypto companies who whitethorn person witnessed misconduct to record a whistleblower complaint.

“OAG is funny successful proceeding from New York investors who person been locked retired of their accounts, who are incapable to entree their investments, oregon who person been deceived astir their cryptocurrency investments,” the announcement adds.

In June, James issued a warning astir investing successful cryptocurrency, stating that the crypto marketplace is “extremely unpredictable” and “unstable.”

What bash you deliberation astir New York Attorney General Letitia James urging investors deceived by crypto firms to interaction her office? Let america cognize successful the comments conception below.