- Letitia James, as NY’s attorney general, calls investing in cryptocurrencies an extreme risk that can cause devastating losses.
The current situation in the cryptocurrency market does not leave cold the top officials, this time the Attorney General of New York.
Although we do not know what preceded this statement, Letitia James sharply criticized on her twitter and warned against investing in cryptocurrencies.
In this way, L. James warned not only investors but also all companies that operate cryptocurrency exchanges, to whom she bequeathed that if they did not play according to the rules, their activities would be terminated immediately.
Also on the basis of this statement, it is interesting to observe how the attitude towards cryptocurrencies in individual parts of the USA is developing. Let us just recall the recent statements and plans of the mayor of Miami, who wants to make this place the most advanced city in the country in terms of cryptocurrencies.
F. Suarez plans to allow the city to collect taxes and fees in Bitcoins and also works on an investment strategy that involves investing state funds in the cryptocurrency.
Read also: Playstation 5 has been hacked to mining cryptocurrencies
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