Texas State Securities Board Issue Cease and Desist To Crypto and Medical Marijuana Investment Site

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Texas Securities Commissioner Travis J. Iles on Feb. 2 entered an Emergency Cease and Desist Order against DavorCoin, an entity offering investments in a cryptocurrency lending program in Texas.. The emergency order found that DavorCoin is telling investors they can earn lucrative profits by investing in a lending program based on a new cryptocurrency known as davorcoin.

The Enforcement Division of the texas state securities board found widespread fraud in cryptocurrency offerings during a four-week investigation of investment offerings that were tied to virtual currencies. The full results are in the 14-page report Enforcement Report: Widespread Fraud Found in Cryptocurrency Offerings.

However, the Attorney General found otherwise and referred those entities to the New York State. Texas Securities commission entered emergency cease and desist orders against three cryptocurrency.

US State issues emergency cease and Desist Orders to Two Crypto Investment Firms A U.S. state has issued emergency cease and desist orders to two companies and related persons purportedly engaged in cryptocurrency investment schemes. The first company posted videos of three mining farms composed of online stock images, according to the order.

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Well, it seems that BitConnect is finding this out the hard way. The England-based crypto company is the subject of an Emergency Cease and Desist Order from the Texas State Securities Board. Mess With the Bull, You Get the Horns. It appears that the Lone Star State is somewhat skeptical of the claims made by BitConnect.

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Texas Securities Commissioner Travis J. Iles on April 5 entered an Emergency Cease and Desist Order against a convicted felon who is offering investments in a cryptocurrency trading program and a marijuana growing operation.

The Securities Commissioner of the state of Texas filed an emergency cease and desist order for BitConnect late Thursday evening. In the official report, the Texas State Securities board accuses the London-based investment platform of fraud and the selling of unlicensed securities. BitConnect in Hot Water

The Texas Securities Commissioner has entered an Emergency Cease and Desist Order to halt the multiple investment programs operated by BitConnect, an overseas company that claims a market share of $4.1 billion for its cryptocurrency coins.

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