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'Play by the rules or we will shut you down,' says NY AG to crypto industry

Published 03/01/2021, 04:04 PM
Updated 03/01/2021, 06:00 PM
'Play by the rules or we will shut you down,' says NY AG to crypto industry

New York Attorney General Letitia James is advising members of the crypto industry and investors to stay vigilant against participating in or becoming a victim of illegal activities.

According to the New York Attorney General’s office, James issued an alert to crypto investors today warning them to exercise “extreme caution when investing in virtual currencies.” She referred to cryptocurrencies as “high-risk, unstable investments that could result in devastating losses.”

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