New York Attorney General Sues CoinEx for Not Registering With State

New York Attorney General, Letitia James has filed a lawsuit against CoinEx, a cryptocurrency exchange, alleging that the company falsely represented itself as an exchange because it did not register as a securities and commodities broker-dealer in the state. New York Attorney General’s Lawsuit Against CoinEx A 38-page petition filed by James in the New York Supreme Court on Feb. 22 alleges that CoinEx engaged in fraudulent practices, violated the state’s strict anti-fraud and securities regulation laws, and listed tokens that qualified as both commodities and securities without being registered with the Securities and Exchange Commission or the Commodity Futures Trading The post New York Attorney General Sues CoinEx for Not Registering With State appeared first on Cryptoknowmics-Crypto News and Media Platform .