Coin Cafe to Pay $4.3 Million Restitution to Defrauded Investors
After making investors believe that wallet storage foe bitcoin was free, Coin Cafe charged users for the service without their knowledge.
Brooklyn-based crypto firm Coin Cafe has been ordered by the office of the Attorney General to refund over $4 million to cryptocurrency investors.
The restitution comes after investigations revealed that the company charged users exorbitant fees without their consent.