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,
The Texas State Securities Board has issued an emergency cease-and-desist order against an Australia-based cloud mining company for selling unregistered securities.
In its official notice, the regulator said that Aws Mining, its CMO Josiah Koste and eight other respondents affiliated with the company violated the Texas Securities Act for operating without registration and engaging “in frauds.” The company claims to mine cryptocurrency through several crypto farms located in China,
The Texas State Securities Board (SSB) has issued an emergency cease-and-desist order against a company that it claims used fake endorsements from celebrities to fraudulently promote its initial coin offering (ICO).
According to the order, crypto firm Wind Wide Coin (WWC) allegedly used images of high profile celebrities like Jennifer Aniston,
The Texas State Securities Board (SSB) has issued emergency cease and desist orders to two crypto investment companies for allegedly scamming investors.
The first company to receive an emergency cease and desist order from the SSB is Bitcoin Trading & Cloud Mining Ltd.
The Enforcement Division of the Texas State Securities Board (TSSB) has issued an emergency cease and desist order to Panama-based crypto firm LeadInvest.
LeadInvest claims to be “a technology company that specializes in the development of trading software in the Forex market and the bitcoin currency.” The company’s website is loaded with alleged “get rich quick” language promising interested parties incredible returns,
Texas Securities Commissioner Travis J. Iles has issued an emergency cease-and-desist order against USI-Tech Limited, a Dubai-based firm that is promising low-risk, triple-digit returns from investments tied to bitcoin mining.
Calling itself a technology company, USI-Tech claims to specialize in developing hi-tech automated trading software for the forex and bitcoin market.
