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Attorney General James also encourages General James seeks to stop been affected by deceptive conduct York and to block access to its exfhanges until it OAG. PARAGRAPHNEW YORK - New York Attorney General Letitia James today continued her efforts to crack down on unregistered cryptocurrency platforms by filing a lawsuit against KuCoin for failing to register as a securities and commodities broker-dealer and falsely representing itself as an exchange.
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Attention ALL U.S. CITIZENS In Crypto!Letitia James filed an amended complaint on Friday alleging an additional $2 billion in fraud from the troubled crypto empire. The proposed regulations would require independent public audits of cryptocurrency exchanges and prevent individuals from owning the same. James had in October sued DCG, its Genesis Global Capital unit, and Gemini Trust, the exchange run by twin brothers Cameron and Tyler Winklevoss.