California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'

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California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'

Watch CoinDesk Video: California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'.
The California Department of Financial Protection and Innovation (DFPI) filed cease-and-desist orders against 11 little-known crypto firms Tuesday, alleging they were misappropriating customer funds or violating state securities laws. "The Hash" discusses the latest in crypto regulation.

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