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New York sues crypto firms for losing over $1 billion
(www.theverge.com)
This is a most excellent place for technology news and articles.
Specifically, it’s not just for losing money, but for lying to investors about the level of risk in those investments. The lawsuit claims the companies knew the investments were risky and led investors to believe they were safe.
I feel the onus is slightly on the customer here because pretty much everyone knows that crypto is extremely unstable, and if you didn't know that, but just threw money at it because people told you, that's your fault.
Yeah but we cant just let massive cons like this go. Plus did anyone who really knew how cry & nft work put their money in it.
That’s a bit more than “buyer beware.”
Yeah I'll agree, that is pretty shitty.