New York State Attorney General Letitia James served cease and desist letters to two cryptocurrency lending platforms. Three other unnamed platforms were told by James’ office to “immediately provide information about their activities and products” New York’s top attorney said the move is an effort to “protect New York investors, and the trading markets more generally, from exploitation by high-risk virtual currency schemes” The lending platform Celsius confirmed via blog post on Tuesday that it received a request-for-information letter, writing: “Celsius has NOT received a cease/desist from New York state””]
Source: https://www.cuinfosecurity.com/new-york-tells-2-cryptocurrency-firms-to-cease-desist-a-17764