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N.Y. crypto exchanges not safe says state’s top cop

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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In yet another blow to the crypto community’s hopes for a bitcoin ETF, a report from the New York Attorney General’s Office has found that many digital asset exchanges lack appropriate safeguards and consumer protections and are vulnerable to market manipulation and exploitation.

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