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New York Attorney General James Secures $4.3 Million From Cryptocurrency Company For Defrauding Investors - Under Agreement With AG James, Coin Cafe Will Pay Full Restitution To New Yorkers And All U.S. Investors Who Were Deceived By Misleading Fees - Vimarsana News

New York Attorney General James Secures $4.3 Million From Cryptocurrency Company For Defrauding Investors - Under Agreement With AG James, Coin Cafe Will Pay Full Restitution To New Yorkers And All U.S. Investors Who Were Deceived By Misleading Fees

<p><span>New York Attorney General Letitia James today&nbsp;</span><a target="_blank" href="https://ag.ny.gov/sites/default/files/settlements-agreements/Coin%20Cafe%20AOD.pdf">secured $4.3 million from a Brooklyn-based cryptocurrency company, Coin Cafe</a><span>, for defrauding investors. Coin Cafe is a cryptocurrency trading platform that allowed investors to store their Bitcoin in a Coin Cafe account, known as wallet storage. An investigation by the Office of the Attorney General (OAG) found that the company was charging investors e...