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Teens attend model government conference

INDIANAPOLIS - Middle and high school students from around Indiana recently convened in the State Capitol for the annual Indiana YMCA Youth and Government Model Government Conference. ....

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NY AG Sues to Shutter Coinseed Cryptocurrency Firm


Thursday, February 25, 2021
The Office of New York State Attorney General Letitia James (“NYAG”) has filed a lawsuit to shut down technology company Coinseed.  The state has accused the firm of selling unregistered securities in the form of digital tokens and operating as an unregistered broker-dealer while making material misrepresentations about the company, its management team, and fees charged to investors in connection with cryptocurrency trades.
Coinseed operates a mobile phone application that functions as a virtual currency trading platform.  The application allows investors to round up everyday purchases from their linked credit and debit cards to the nearest dollar.  Once the round-ups meet a five-dollar threshold, Coinseed debits the investor’s bank account and invests the money into available virtual currencies of the investor’s choosing.  In so doing, Coinseed acts as an unregistered commodities broker-dealer, according to the NYAG. ....

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