Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
Coinseed
New York Court Closes Down Coinseed for Unlawfully Handling Customers’ Funds
On September 13th, the New York Attorney General won a lawsuit against Coinseed. NYAG Letitia James ordered Coinseed to stop their operations for its improper dealings. The crypto exchange platform defrauded customers by converting their funds into Dogecoin without their consent. The Federal court instructed Coinseed to pay $3 million in fines for its illegal dealings. The company further emptied its bank accounts and issued unlicensed securities. Unfortunately, it is not the first time Coinseed has been on the wrong side of…
2 years ago 
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