Bitcoin Daily: Crypto Platform Coinseed Sued For Defrauding Investors; Coinbase Adds Former Stripe Exec To Team

New York’s attorney general sued crypto platform Coinseed Wednesday (Feb. 17), accusing it of defrauding thousands of investors out of over $1 million, Reuters reported. New York Attorney General Letitia James also alleged that Coinseed sold its tokens without being authorized to raise money for its app and traded cryptocurrencies without a registered broker-dealer license, according to the report. James also sued Coinseed’s CEO, Delgerdalai Davaasambuu, and its former chief financial officer,..
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