simple@lemm.ee to Technology@lemmy.worldEnglish · 11 months agoNew York sues crypto firms for losing over $1 billionwww.theverge.comexternal-linkmessage-square24fedilinkarrow-up1183arrow-down15 cross-posted to: technews@radiation.party
arrow-up1178arrow-down1external-linkNew York sues crypto firms for losing over $1 billionwww.theverge.comsimple@lemm.ee to Technology@lemmy.worldEnglish · 11 months agomessage-square24fedilink cross-posted to: technews@radiation.party
minus-squareDr. Dabbles@lemmy.worldlinkfedilinkEnglisharrow-up7·11 months agoThat’s it what the lawsuit is about here. It was the fraudulent misrepresentation of the investments that was illegal.
minus-squareblazera@kbin.sociallinkfedilinkarrow-up2arrow-down2·11 months agoI dont believe for a second anyone thought these werent risky investments.
minus-squareFranzia@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up4·11 months agoYou didnt read the whole article. All of these firms also did fraud, not just misrepresenting the risks.
That’s it what the lawsuit is about here. It was the fraudulent misrepresentation of the investments that was illegal.
I dont believe for a second anyone thought these werent risky investments.
You didnt read the whole article. All of these firms also did fraud, not just misrepresenting the risks.