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Coin Seed Cryptocurrency App Closed After New York AG Letitia James Survey

From texasnewstoday.com

A cryptocurrency trading company called Coinseed in New York was completely shut down after being investigated by the state prosecutor’s office on suspicion of fraudulent investment activity. A multi-year investigation by Attorney General Letitia James finally led to a proceeding filed in February, and James’ office said through the app that Coinseed was not registered as a broker-dealer in New York. He accused him of trading cryptocurrencies. James’s office claimed on Monday that Coinseed continued to trade cryptocurrencies after the proceedings were filed, trading without the knowledge of investors. “If a platform ... (full story)

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