The Attorney General of New York has issued an alert, warning people of the “dangerous risks” of investing in cryptocurrencies, as the crypto markets have corrected significantly from their all-time highs.
New York AG Letitia James, in an investor alert, stated that investors have lost “hundreds of billions” and that cryptocurrencies are subject to extreme and unpredictably high price swings that make them among the most high-risk investments on the market.
