OAG – DIGIT INFO

Coin Cafe to repay $4.3M in fees that ‘wiped out’ investors’ Bitcoin accounts

DIGIT — Fri, 19 May 2023 03:30:04 +0000

The platform was charging investors ‘exorbitant and undisclosed fees’ with one user being charged recurring fees of $51,000 over a span of 13 months, according to the statement.

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New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security

DIGIT — Thu, 09 Mar 2023 21:50:51 +0000

On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets, despite the exchange not being registered in the […]

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CoinEx crypto exchange sued by New York for failing to register with state

DIGIT — Thu, 23 Feb 2023 03:58:11 +0000

The NY Attorney General is looking for a court order to remove the exchange from the state and wants it to block all internet addresses originating from New York.

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New York Prosecutors Demand Transparency From Bitfinex and Tether

DIGIT — Mon, 06 May 2019 19:15:02 +0000

The crypto community has been laser focused on the current dilemma between Bitfinex exchange and New York prosecutors over the loss of $900 million of co-mingled customer and corporate funds. After the craziness last week, the New York Attorney General’s (NYAG) office has now demanded that Bitfinex must show transparency by turning over documents tied […]

The post New York Prosecutors Demand Transparency From Bitfinex and Tether appeared first on Bitcoin News.

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New York OAG Finds 3 Serious Issues with Cryptocurrency Exchanges

DIGIT — Thu, 20 Sep 2018 12:00:58 +0000

According to a report by the New York Attorney General’s office, the majority of cryptocurrency exchanges fail to incorporate adequate safeguards and consumer protections. They are also extremely susceptible to market manipulation, insider trading, and conflicts of interest. So, tell us something we don’t know. 3. Conflicts of Interest Abound According to the report, […]

The post New York OAG Finds 3 Serious Issues with Cryptocurrency Exchanges appeared first on NullTX.

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8 Surprising Findings from New York’s Virtual Markets Integrity Initiative

DIGIT — Wed, 19 Sep 2018 12:55:41 +0000

A lot of cryptocurrency traders are sick of hearing about “manipulation”. They just want to buy and sell bitcoin in peace, without Twitter accounts such as Bitfinexed banging on about unnatural market movements. It was thus with some dismay that New York’s Virtual Markets Integrity Initiative was greeted. The report, which dropped yesterday, predictably contains […]

The post 8 Surprising Findings from New York’s Virtual Markets Integrity Initiative appeared first on Bitcoin News.

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