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California AG issues warning-ladened guidance for public interested in buying crypto

Published 11/15/2022, 04:45 PM
Updated 11/15/2022, 06:20 PM
California AG issues warning-ladened guidance for public interested in buying crypto

With the cryptocurrency market becoming ever more complex and intimidating, California Attorney General Rob Bonta had decided to issue guidance for novice crypto buyers. 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.”

“Don’t fall for a fantasy – Cryptocurrency, like all investments, carries significant risks, and there’s no guarantee that you’ll see large – or any – returns,” Bonta said in a statement. “Our new webpage is meant to be a resource for Californians curious about this new and volatile market.”

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