New York AG warns towards crypto investments amid state push to ban mining
As New York pursues efforts to ban proof-of-work (PoW) crypto mining, the lawyer normal reminded buyers of the dangers related to investing in crypto.
In an investor alert revealed Thursday, New York Lawyer Common Letitia James stated that buyers are “shedding billions” in crypto. James highlighted that even digital property which can be well-known and traded in respected exchanges can crash. Due to this, the lawyer normal is satisfied that crypto investments create “extra ache than achieve” for buyers.
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