Texas Securities Regulator Issued 16 Administrative Orders Against Crypto Scams In 2018

Announcements, Crime, News, Regulation | February 8, 2019 By:

The Texas State Securities Board (TSSB) has revealed that it issued 16 administrative orders against entities suspected of running crypto-related scams in 2018.

In its 2018 Enforcement Report, the Texas regulator, which provides investigative, financial, and prosecutorial assistance to state and federal prosecutors,


BitConnect Faces Another Lawsuit Over Ponzi Allegations

Crime, News | January 31, 2018 By:

Crypto investment platform BitConnect has been hit with another class action lawsuit.

The lawsuit, filed by investor Brian Paige in Kentucky federal court, names BitConnect International, BitConnect LTD, Bitcoinnect Trading LTD, and Ryan Maasen as defendants. The plaintiff alleges that BitConnect’s investment platform is actually a Ponzi scheme,