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05 March 2021

New York Takes Action Against Coinseed, a Potentially Fraudulent Crypto App | Live Bitcoin News

New York Takes Action Against Coinseed, a Potentially Fraudulent Crypto App | Live Bitcoin News


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Crypto crime is a serious problem and has been around since the world of digital currency was first brought to international attention roughly 12 years ago.

The crypto space has been filled to the brim with theft and cyberattacks that ultimately leave hundreds of millions of dollars in digital currency funds missing through one swift move.

As time has gone by, regulators have sought to ensure that crypto crime cannot continue either through legislative action or by limiting bitcoin activity in the future, like what Treasury Secretary Janet Yellen is proposing at the time of writing.

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