Attorney General blasts cryptocurrency exchanges

It’s not just the hacks and outright scams that make cryptocurrency a risky investment. 

According to a report from the office of the New York state attorney general, the exchanges themselves — the places where would-be investors go to buy and sell cryptocurrencies like bitcoin and ether — are not doing enough to protect their customers. And that should concern you. 

The in-depth look at 13 exchanges, released today, details all the ways in which major exchanges fail to guard their customers against fraud, manipulation, and abuse. It’s not a pretty picture.  Read more…

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Source: Mashable | Attorney General blasts cryptocurrency exchanges