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CoinEX to Exit New York, Pay $1.7M in Settlement

Cryptocurrency trading platform, CoinEX, is set to halt its operations in New York after agreeing to pay $1.7 million in settlement to the Office of the New York Attorney General (NYAG). The Hong Kong-based exchange has also been ordered to refund investors.CoinEX has been accused by New York's Attorney General Letitia James of failing to register as a securities and commodities broker-dealer and for allegedly misrepresenting itself as a crypto exchange. NYAG first sued the exchange in February... Read More

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Posted: Jun 16 2023, 15:03

Author Name: financemagnates

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