Tag Archives: Leticia James

Coin Ex is a digital currency exchange based in Hong Kong. Not long ago, the company was faced with a lawsuit from New York Attorney General Leticia James, who said the firm had violated various financial laws and put traders and investors in danger. Coin Ex Settles, Set to Exit America Now, it looks like Coin Ex has agreed to settle with James for nearly $2 million to get the suit off its back. In addition, the company is also ceasing all its U.S. operations, and...

Leticia James – the attorney general of the state of New York – has sued ANOTHER digital currency company, and it appears she’s gotten her way. At the time of writing, Brooklyn-based cryptocurrency firm Coin Café has settled with James for roughly $4.3 million. Leticia James Sues Another Crypto Enterprise The money will serve as restitution for investors that James says were defrauded by the company. It was initially alleged that Coin Café was a free platform to...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A new bill proposed by New York Attorney General Leticia James would give her state a basic framework for crypto regulation. Among the provisions in the bill are exchanges being required to reimburse customers if they are the victims of fraud or theft. Leticia James Seeks to Introduce Basic Regulation New York...

New York attorney general Leticia James is suing another digital currency company. This time, the victim is Ku Coin, whom James said failed to register as a security and commodities broker-dealer and is falsely representing itself as a crypto exchange. Ku Coin Is the Victim of a New York Lawsuit On one hand, there are many shady crypto companies out there that have sought to take advantage of customers and those who do business with them. FTX is proof of this, and it’s a...

New York Attorney General Leticia James is suing another digital currency company. This time, the alleged “victim” of James’ attacks is Coin Ex, a crypto exchange that is reported to have conducted illegal business within the state. Leticia James and Coin Ex Will Duke It Out in Court It’s believed Coin Ex failed to engage in proper New York registration protocols. Court documents suggest the company persistently engaged in repeated “fraudulent practices” and that it...

The state of New York and its attorney general Leticia James are suing former crypto lending network Celsius for allegedly engaging in fraud and misusing customer funds. New York Comes Down Hard on Celsius The sentiment is that FTX wasn’t the only company to use traders’ money for personal gains this year. Celsius really rang a lot of negative bells last summer when it first announced it was going to be halting all withdrawals given that speculation and the volatility of...

Leticia James – New York’s attorney general – is joining several other states in a class-action lawsuit against cryptocurrency firms Nexo Inc. and Nexo Capital Inc. for allegedly lying to clients about their registration statuses. Leticia James Wants to Get Nexo in Court Should James and the remaining states win the lawsuit, it would require that both Nexo companies forfeit whatever profits they likely made over the past several years. The subject of the lawsuit involves...