Is California Attorney General Rob Bonta advising novice crypto buyers?

With the cryptocurrency market becoming ever more complex and intimidating, California Attorney General Rob Bonta had decided to issue guidance for novice crypto buyers. CoinTelegraph reports: The California Office of the Attorney General's website now features a page that will help those new to crypto "avoid the hype, [and] get the facts."

What happened to Crypto AG?

Crypto AG was only liquidated in 2018 in a deal which provided cover for the CIA to quietly extricate itself. It’s an eye-opening story, of course – especially at a time when US criticism of China’s Huawei over similar espionage allegations has reached fever pitch. But how surprising is it? Not terribly.

What is the CIA's Crypto AG?

Fresh details about the operation, which had been rumoured about for decades, emerged this week from reports which cited a classified CIA history of the spy project. Crypto AG was only liquidated in 2018 in a deal which provided cover for the CIA to quietly extricate itself.

Is cryptocurrency fraud a problem for Attorney General Rob Bonta?

In an interview with Bloomberg News, Attorney General Rob Bonta said fraud and illicit activities in the cryptocurrency space is “an area of concern” for his office.