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New York attorney general warns cryptocurrency industry: ‘Play by the rules or we will shut you down’

New York attorney general warns cryptocurrency industry: ‘Play by the rules or we will shut you down’



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16 Comments

  1. She’s angry that programmers are making the rules now. Get your nose out of people’s wallets, Latitia.

    You can control the exchanges but not the coin itself πŸ˜’πŸ™…β€β™€οΈ

  2. tldr; New York Attorney General Letitia James has issued a warning to investors and industry members about cryptocurrencies. “Cryptocurrencies are high-risk, unstable investments that could result in devastating losses just as quickly as they can provide gains,” she said. “We will not hesitate to take action against anyone who violates the law,” she added.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  3. I’ll say this politely…she can screw off. These AGs have zero problems allowing hedge funds to screw retail investors in the stock market. The technology that is being developed by this industry will benefit both consumers and industries alike, and it provides retail investors with a real opportunity to invest in the best projects and make significant profits. Nobody is looking to break laws here.

    It’s just typical government bs, where they want to get every dollar they can from tax payers and protect the wealthy persons and organizations that donate to their parties and campaigns.

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