10/18, 5:09 PM (Source: TeleTrader)
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NYC AG orders closure of 2 crypto trading platforms

The office of New York Attorney General Letitia James (pictured) announced on Monday that two cryptocurrency lending platforms were ordered to shut down in New York.

Additionally, three more crypto companies were ordered to provide information about their activities and products.

"Cryptocurrency platforms must follow the law, just like everyone else," James said, asserting that "today's actions ... send a message that we will not hesitate to take whatever actions are necessary against any company that thinks they are above the law."

Breaking the News / MD