The New York Attorney General is looking for crypto-whistleblowers and "deceived" investors

Aug 01, 2022 21:31







The New York State Attorney General is trying to recruit crypto expositors after the cryptocurrency market experienced a crisis earlier this summer. The Prosecutor General also urges investors who have been "deceived by cryptocurrency platforms" to report their concerns to her office.
Employees of the crypto industry in New York who have witnessed misconduct in their companies should file a complaint as whistleblowers, the Attorney General of the state of New York said on MondayTish James.

James has issued a "warning to investors", urging those associated with cryptocurrency firms to contact her office if they have been affected by the recent chaos in the market or if they have witnessed inappropriate behavior within a cryptocurrency company.

"The recent turmoil and significant losses in the cryptocurrency market are worrying," James said in a statement. Investors were promised big returns from cryptocurrencies, but instead they lost their hard-earned money. I urge all New Yorkers who believe they have been deceived by cryptocurrency platforms to contact me at the office, and I urge employees of cryptocurrency companies who may have witnessed misconduct to file a complaint as whistleblowers."

James' call for whistleblowers came when the cryptocurrency market experienced a significant drawdown this summer. New Yorkers affected by the Terra crash or riots at Celsius, Voyager and other firms should contact the office's Investor Protection bureau. The State Attorney General's Office also has an online whistleblower complaints portal.

In the past, James has already brought cases against crypto firms. In June, the attorney general fined BlockFi almost $1 million and last fall ordered unregistered crypto lending platforms to stop working for failing to fulfill legal obligations.

https://coin-signal.com/cryptonews/the-new-york-attorney-general-is-looking-for-crypto-whistleblowers-and-deceived-investors/
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