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New York Attorney General Warns on Cryptocurrencies as Bitcoin Rallies – The Wall Street Journal
The state’s top law-enforcement official said bitcoin’s price rise has lured more bad actors
New York Attorney General Letitia James warned investors to use extreme caution when buying cryptocurrencies and to watch out for scams following a recent run-up in bitcoins price.
Bitcoins value surpassed $50,000 this year, driven by institutional investors and companies that have bought the cryptocurrency.
Software developer MicroStrategy Inc., which acquired about $425 million worth of bitcoin last summer, said Monday it had purchased an additional $15 million worth of bitcoin at an average cost…
