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New York Attorney General James Directs Unregistered Crypto Lending Platforms To Cease Operations In New York, Announces Additional Investigations - Today's Announcement Follows Previous Warnings To Virtual Currency Platforms That Unlawful Activity Will N - Vimarsana News

New York Attorney General James Directs Unregistered Crypto Lending Platforms To Cease Operations In New York, Announces Additional Investigations - Today's Announcement Follows Previous Warnings To Virtual Currency Platforms That Unlawful Activity Will N

New York Attorney General Letitia James today announced new efforts she is taking to protect New York investors, and the trading markets more generally, from exploitation by high-risk virtual currency schemes. Virtual or “crypto” currency lending platforms are essentially interest-bearing accounts that offer investors a rate of return on virtual currencies that are deposited with them.