NEW YORK – New York Attorney General Letitia James issued an alert Monday urging any New York investor who has been deceived or harmed by the cryptocurrency crisis to contact the attorney’s office. .
This is because many high-profile crypto firms have frozen customer withdrawals, announced mass layoffs, or filed for bankruptcy, while leaving investors financially ruined. As part of the ongoing investigative work of the Office of the Attorney General (OAG), the OAG is interested in hearing from New York investors who have been locked out of their accounts, are unable to access their investments, or have been misled. about your cryptocurrency investments.
New Yorkers who have been affected by this conduct are strongly encouraged to report issues to the OAG here. The prosecutor also encourages workers in the cryptocurrency industry who may have witnessed misconduct or fraud to file a whistleblower complaint with your officewhich can be done anonymously.
“The recent turbulence and significant losses in the cryptocurrency market are concerning,” Attorney General James said. “Investors were promised huge profits in cryptocurrencies, but instead lost their hard-earned money. I urge any New Yorker who believes they have been duped by crypto platforms to contact my office, and I encourage workers at crypto companies who may have witnessed misconduct to file a whistleblower complaint.”
In recent months, investors have lost hundreds of billions of dollars in the cryptocurrency markets. New Yorkers who have been affected by the dramatic devaluations of Terra and Luna virtual currencies and account freezes in cryptocurrency wagering or winning programs, such as Anchor, Celsius, Voyager, and Stablegains, are strongly encouraged to to contact the OAG Investor Protection Office. Additionally, any New Yorker who believes they are the victim of fraudulent or deceptive conduct should also share their experiences with the OAG.
If you are concerned that you or someone you know has been the victim of investment fraud, contact the Office of Investor Protection of the OAG online or email [email protected]. If you have worked in the crypto industry and believe you may be aware of wrongdoing, please contact the OAG Office of Investor Protection, email [email protected] or file a complaint via from the portal ofand online complaints.
Today’s investor alert continues the prosecutor’s efforts to regulate the cryptocurrency industry and protect New York investors. In June, the Democrat warned New Yorkers about the dangerous risks of investing in cryptocurrencies after the market hit record lows.
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