New York’s attorney general has launched an initial probe into 13 cryptocurrency exchanges, one of them being the Gemini exchange that’s run by the Winklevoss twins, Cameron and Tyler. Coinbase, the U.S.’s biggest cryptocurrency exchange, was also included.
Attorney General Eric Schneiderman said Tuesday that he wants to “improve transparency and accountability” in the sector. The probe is a fact-finding mission rather than a crackdown, with Schneiderman’s office asking the exchanges to provide details on their operations, internal controls and safeguards.
