Summary
- The California Department of Financial Protection and Innovation reported shutting down 26 cryptocurrency fraud websites.
- The total damages from these sites reportedly amounted to $4.6 million.
- This enforcement action was described as part of a plan to address the increasing cryptocurrency-related fraud in the state.
On the 11th (local time), the California Department of Financial Protection and Innovation (DFPI) announced through its official website that it had shut down 26 cryptocurrency fraud websites. The websites reportedly caused damages totaling $4.6 million (approximately 6.7 billion won).
The California Department of Financial Protection and Innovation stated, "This enforcement action is part of our plan to combat the increasing cryptocurrency-related fraud within the state," adding, "We conducted this enforcement using the department's cryptocurrency fraud tracker."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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