🚨BREAKING: NEW YORK PROPOSES LEGISLATION TO CRIMINALIZE ELECTRONIC MONEY FRAUD AND "RUG PULLS" – A MOVE TO PROTECT INVESTORS! ⚖️🔥
The state of New York has officially introduced a new bill aimed at severely punishing fraudulent activities in the cryptocurrency sector, including scams (crypto fraud) and market manipulation such as “rug pulls” – a phenomenon where developers suddenly withdraw liquidity, causing investors to suffer significant losses.
📌 Key points to note:
🔸 This bill aims to enhance transparency and accountability in the crypto market, protecting investors from fraudulent projects.
🔸 Actions such as promising fake profits, manipulating the market, or withdrawing liquidity suddenly may be subject to criminal prosecution.
🔸 This is one of the toughest moves ever taken by the U.S. government towards the digital asset market.
