On August 1, New York Attorney General Letitia James issued an investor alert calling on New Yorkers “deceived or affected by the cryptocurrency crash” to come forward and contact her office. In her alert, James specifically calls for employees of crypto firms with knowledge of misconduct to file whistleblower complaints with her office. If individuals have information about cryptocurrency fraud, they could qualify for monetary awards if they contact the Commodity Futures Trading Commission (CFTC) or Securities and Exchange Commission (SEC) whistleblower programs.
“The recent turbulence and significant losses in the cryptocurrency market are concerning,” said Attorney General James. “Investors were promised large returns on cryptocurrencies, but instead lost their hard-earned money. I urge any New Yorker who believes they were deceived by crypto platforms to contact my office, and I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint.”
The New York Attorney General maintains a whistleblower portal where whistleblowers may anonymously submit tips. “The New York Attorney General welcomes and encourages whistleblowers, tips, and complaints,” the webpage states. “Whistleblowers are essential to fulfilling our mission – protecting the citizens of New York. Whistleblowing insiders are particularly critical in opaque industries, where transparency is limited. We take special care to protect whistleblowers.”
Cryptocurrency...
On Friday, April 10, 2026, the U.S. Department of Justice (DOJ) announced that International Business Machines Corporation (IBM) has agreed to pay just over $17 million to resolve allegations that ...