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New York AG Letitia James sues crypto platform CoinEx for multiple failings

New York Attorney General Letitia James speaks during a press conference at the office of the Attorney General
New York Attorney General Letitia James. Photo: Getty Images

The platform failed to comply with required New York laws for trading digital assets.

The New York Attorney General, Letitia James, has charged CoinEx for failing to register as a securities and commodities broker-dealer, and for falsely promoting itself as a crypto exchange.

“The days of crypto companies like CoinEx acting like the rules do not apply to them are over”, she said.

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