#Cryptocurrency scam busted#

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New York Attorney General Letitia James has filed a lawsuit accusing a group of cryptocurrency scammers of stealing at least $2.2 million from New Yorkers through bogus remote job opportunities. James hopes to become the first regulator to bring a case against anonymous scammers through an airdrop of NFTs, a case that is the latest in a string of cryptocurrency scams being broken up and reflects the innovative measures regulators are taking to combat cryptocurrency crime.

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New York Attorney General Letitia James has filed a lawsuit accusing a group of cryptocurrency scammers of stealing at least $2.2 million from New Yorkers through fraudulent remote work opportunities. What makes this case unique is that James hopes to become the first regulator to sue unidentified scammers through an airdrop NFT. The lawsuit demonstrates that regulators are actively seeking new ways to pursue cryptocurrency fraudsters and utilize emerging technologies to combat crime. Although the use of NFTs has sparked some controversy in the legal community, it presents a potential new avenue for tracking and prosecuting cryptocurrency scams.

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Cryptocurrency fraud cases are rampant, victims suffer heavy losses

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Regulators are actively cracking down on cryptocurrency scams

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NFT becomes a new tool to track down cryptocurrency scammers

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Filing lawsuits through airdropping NFTs is a new way for regulators to fight cryptocurrency scams

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