December 23, 2024

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Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors

1 min read
Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors
Washington State Accuses 2 Cryptocurrency Platforms of Defrauding InvestorsTwo cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded extra fees. An investor lost $64,000 to one platform after being asked for a “safety reserve” fee. The platforms are accused of exploiting social media […]