NEW YORK: Two cryptocurrency lending platforms were asked to cease activities in New York by the state's attorney general on Monday and three other platforms were directed to provide information about their business.
The move comes weeks after New York Attorney General Letitia James won a court order forcing the closure of cryptocurrency exchange Coinseed. In a redacted version of a letter dated Monday, James said the Office of the Attorney General "was in possession of evidence of unlawfully selling or offering for sale securities and/or commodities".
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