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      Connecticut attorney general issues alert warning consumers about ‘unregulated’ DeFi crypto exchanges

      On September 3, Connecticut Attorney General (AG) William Tong issued a consumer alert warning residents about the security and financial risks from “unregulated offshore” decentralized finance (DeFi) cryptocurrency exchanges. The AG stated that these platforms operate outside state and federal regulatory frameworks, bypass critical consumer protections and expose retail investors to substantial financial losses....
      By: Orrick, Herrington & Sutcliffe LLP

      Source: JD Supra
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud