New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached record lows” last month.
Innehåll
NY Attorney General Warns About Cryptocurrency
New York Attorney General Letitia James issued a warning about investing in cryptocurrencies Thursday. The official Twitter account of the New York Attorney General’s Office tweeted:
The cryptocurrency market is extremely unpredictable. Just last month, the market reached record lows and investors lost hundreds of billions.
James added: “New Yorkers should be cautious and think twice before putting their hard-earned money into this unstable market.”
Last year, James stänga av cryptocurrency trading platform Coinseed. She also took action against two crypto lending platforms.
The New York attorney general’s warning followed weeks of cryptocurrency sell-off. i alla fall, many people on Twitter disputed her claim that the crypto market reached record lows last month. I skrivande stund, bitcoin is trading at $30,505.32, up over 3% in the past seven days but down 21% over the past 30 dagar.
Several countries have also warned about investing in cryptocurrencies following the crypto market sell-off. För övrigt, kryptovaluta terra (LUNA) och stablecoin terrausd (UST) collapsed in May, losing almost all of their values.
Following the collapse of the two cryptocurrencies, the chairman of the U.S. säkerhet och utbytesprovision (SEC), Gary Gensler, warned that a lot of crypto tokens will fail.
Denna vecka, Singapore’s deputy prime minister advised retail investors to steer clear of cryptocurrencies. The governor of India’s central bank, Indiens reservbank (RBI), also issued a warning about cryptocurrency following the LUNA and UST catastrophe.
Bank of England Governor Andrew Bailey varnade last week that bitcoin has no intrinsic value and is not a practical means of payment.
What do you think about New York Attorney General Letitia James’ warning? Låt oss veta i kommentarsfältet nedan.
Bildkrediter: Shutterstock, Pixabay, Wiki Commons
varning: Den här artikeln är endast i informationssyfte. Det är inte ett direkt erbjudande eller uppmaning till ett erbjudande att köpa eller sälja, eller en rekommendation eller rekommendation av någon produkt, tjänster, eller företag. Bitcoin-Tidings.com ger inte investeringar, beskatta, Rättslig, eller redovisningsrådgivning. Varken företaget eller författaren ansvarar, direkt eller indirekt, för alla skador eller förluster som orsakas eller påstås vara orsakade av eller i samband med användningen av eller tilliten till något innehåll, varor eller tjänster som nämns i denna artikel.
Läsa varning