![]() “Investors were promised large returns on cryptocurrencies, but instead lost their hard-earned money,” she said. James is quoted in the release as saying the losses are “concerning.” Investors have lost “hundreds of billions” to cryptocurrency markets, especially with the collapse of the Terra and Luna digital currencies, along with account freezes for crypto staking or earning programs. “OAG is interested in hearing from New York investors who have been locked out of their accounts, who are unable to access their investments, or who have been deceived about their cryptocurrency investments,” the release said. Investors have been left ruined, and James said the Office of the Attorney General (OAG) wants workers in the crypto industry who might have seen misconduct or fraud to file a whistleblower complaint - which they note can be done anonymously. ![]() ![]() There have been numerous high-profile crypto companies which have frozen withdrawals, laid off employees or filed for bankruptcy, the release said. Letitia James, the New York state attorney general, has issued an investor alert saying any New Yorker “deceived or affected” by the cryptocurrency crash to contact her office, a press release said Monday (Aug. ![]()
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