New York’s attorney general is investigating bitcoin exchanges

New York Attorney General Eric Schneiderman

New York’s attorney general is investigating bitcoin exchanges New York Attorney General Eric Schneiderman launched an investigation into bitcoin exchanges today, his office announced. He’s looking into thirteen major exchanges, including Coinbase, Gemini Trust, and Bitfinex, requesting information on their operations and what measures they have in place to protect consumers. “Too often, consumers don’t have the basic facts they need to assess the fairness, integrity, and security of these trading platforms,” Schneiderman said in a statement. His office sent detailed questionnaires to the thirteen exchanges, asking them to disclose…

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Billionaire banking heir Matthew Mellon dies

Matthew Mellon

Billionaire banking heir Matthew Mellon dies in rehab, aged 54 Matthew Mellon, the billionaire banking heir and cryptocurrency investor whose British ex-wife founded Jimmy Choo, has died at a drug rehabilitation centre in Mexico. The 54-year-old socialite was a descendant of two of America’s great banking dynasties and had faced a lengthy battle with drug addiction. Mr Mellon “died suddenly in Cancun, Mexico, where he was attending a drug rehabilitation facility”, family representative on Tuesday. The serial entrepreneur inherited $25 million (£17 million) when he turned 21 – the first of 14…

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