The new report, which was published by the Attorney General's Office of New York, states that crypto exchanges are vulnerable to manipulation, conflicts of interest and other consumer risks. The report presented the results of the "Initiative to ensure the integrity of virtual risks", which were launched in April this year. Then the Attorney General of New York Eric T. Schneiderman sent letters to thirteen crypto exchanges. In particular, information was requested, about their activities, internal control and other key problems of trading platforms. This step was taken in order to give the average investors a better understanding of the risks and protections associated with the cryptocurrency trade. In addition, the main goal was to increase the level of transparency of their work.
https://uniton.io/en/news/New-York-Attorney-General-Report-Says-Crypto-Exchanges-are-at-Risk-of-Manipulation
https://uniton.io/en/news/New-York-Attorney-General-Report-Says-Crypto-Exchanges-are-at-Risk-of-Manipulation