North American securities regulators conduct co-ordinated crypto crackdown

Securities regulators in North America have launched dozens of investigations into potentially deceitful cryptocurrency investment products in one of the largest co-ordinated series of enforcement actions by state and provincial officials to crack down on cryptocurrency scams.

Dubbed "Operation Cryptosweep", the move was announced on Monday during an event hosted by the North American Securities Administrators Association (NASAA), which helped co-ordinate the probes.

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