New York AG Orders Unregistered Crypto Platforms To Cease Operations

New York State has ramped up its crackdown against the cryptocurrency space. Attorney General Letitia James recently ordered two crypto lending platforms to close their operations within the state. New York Combats Unregistered Securities It confirmed Attorney General James’s motion in a press release from her government website earlier today. Her actions are part of an effort to protect New Yorkers from so-called “virtual currency schemes.” The AG sent a letter to two unnamed cryptocurrency lending platforms, demanding they cease…