-
Oregon Attorney General Takes Legal Action Against Coinbase Following SEC’s Decision to Drop Case
Oregon’s Attorney General has recently filed a lawsuit against the cryptocurrency exchange Coinbase, echoing the federal charges that had been previously dismissed just a few months prior. This legal action adds to the ongoing scrutiny surrounding cryptocurrency platforms as regulators across the nation grapple with how to appropriately oversee this rapidly evolving sector. Coinbase, founded…
-
NY Attorney General Sues to Recover $2.2M in Cryptocurrency Stolen in Job Scam
In a concerning development that underscores the potential vulnerabilities within the employment and investment sectors, New York Attorney General Letitia James has revealed a troubling trend involving fraudulent job opportunities that lure unsuspecting victims into cryptocurrency scams. This issue not only highlights the deceptive practices employed by scammers but also raises broader concerns about regulatory…
-
KuCoin Resolves Charges with NYAG, Pays $22M
Cryptocurrency exchange KuCoin has reached a settlement with the New York State Attorney General’s (NYAG) office, agreeing to pay $22 million and cease operations in the state. The settlement comes in response to a lawsuit filed by NYAG Letitia James on March 9, 2023. The lawsuit alleged that KuCoin had violated state law by failing…
