Overview:
New York Attorney General Letitia James announced nearly $6 million in settlements with four promoters of cryptocurrency investment schemes that targeted Haitian and other immigrant communities. The promoters are permanently barred from working in the securities, commodities and cryptocurrency industries. More than 11,000 New Yorkers invested in the schemes, which authorities say caused tens of millions of dollars in losses.
New York Attorney General Letitia James has secured nearly $6 million from four promoters of cryptocurrency investment schemes that targeted Haitian and other immigrant communities, including through church prayer groups, social media and WhatsApp messages, her office announced on…
