As New York pursues efforts to ban proof-of-work (PoW) crypto mining, the legal professional common reminded buyers of the dangers related to investing in crypto.

In an investor alert revealed Thursday, New York Lawyer Basic Letitia James mentioned that buyers are “dropping billions” in crypto. James highlighted that even digital belongings which can be well-known and traded in respected exchanges can crash. Due to this, the legal professional common is satisfied that crypto investments create “extra ache than achieve” for buyers.