New York Bill aims to protect crypto investors from Memory Mats

New York legislators have introduced legislation whose goal is to protect the cryptocurnence of investors by targeting mats from the mat, where the project suddenly abandoned the project and drain the investor’s funds abruptly.

Cleide Vanel Cathedral, Chairman of the Board of Banks in New York Assembly, introduced Bill A06515 5. March. The bill would establish criminal penalties specifically aimed at preventing the fraud of cryptocurrency and protection of investors from the municipal.

According to the proposal, new criminal offenses for criminal offenses will create “virtual token fraud”, explicitly targeting cheated practices associated with cryptocurremens.

“Virtual Tokens” refer to security tokens and stablecoins, while “any forms act” and non-rubber computer code, which determines all such forms of transactions or any derivative methods, and it is kept to a peer computer network. “

Related: Trump’s VLFI tripled to the etherial stakes in the week in the middle of the abdomen

The bill comes soon after the space began experiencing widespread disappointment of investors in Memecoins, especially after launching Libran token, which was Enabled by Argentine President Javier Miley.

Libra project insiders allegedly indulged $ 107 million in liquidity value In drag to the carpet, 94% of the price price runs within the hours and deleting $ 4 billion in the capital of investors.

The growing wave of Memecoin-based fraud led to a crypt’s capital of capital to “security”, resulting in over $ 485 million outflow For Solana during February.

Related: Trump Family Memecoins can run a boost moment for cripto

Pull the mats “should be firmly in the competence of the law on law enforcement.

Memecoin-related fraud lift represents significant regulatory challenges, according to Anastasia Plotnikovo, co-founder and CEO of ClocCchain FIDEUM regulatory company.

Insider fraud and “false activity machines” such as a carpet of withdrawals, which are “not only unethical, but also illegal, with the Court of Enforcement Support,” a more detailed regulatory attention said cointelegraph. She added:

“In my opinion, these activities should fall firmly within the competence of law enforcement agencies.”

More worried discoveries from the melting appeared Miley-Endorsed Libran tokenEspecially that the scales was “open secret” in Memecoin insider circles and that some members of Jupiter decentralized exchange knew about the token two weeks ago.

https://www.youtube.com/vatch? v = tvmmj6rr4so

Journal: Caitlin Jenner Memecoin ‘Mastermind’s’ Celebrity Price List