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NY AG Accuses CoinEx of 'Repeated and Persistent' Fraud

New York Attorney General Letitia James filed a lawsuit against CoinEx after accusing the crypto exchange of “transacting business illegally” by failing to register its operations with New York. So reports Reuters.

Additionally, court papers indicate James also accused the company of “repeated and persistent fraudulent practices” in violation of the state’s Martin Act. James’ lawsuit seeks to ban access to the company’s mobile app and restitution for damages, among other considerations.

Read the full article from Reuters.

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