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

The Enforcement Division of the texas state securities board is continuing its second sweep of suspect cryptocurrency investment products. In an effort to protect consumers and purge bad actors from the crypto space, the State Securities Board has now entered a total of 25 enforcement actions against 79 parties allegedly involved in illegal and fraudulent [.]

The Texas State Securities Board, the body responsible for regulating securities in the region, has issued an "Emergency Cease and Desist Order" to five crypto companies it alleges are illegally and fraudulently offering investments to Texas residents.

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 · ShipChain, a blockchain logistics and transport company that is having an initial coin offering, has just received a cease and desist order from the Securities Commissioner of South Carolina.A document on the South Carolina Attorney General site has ordered the company to cease all of its activities in American soil. This is part of an operation created by the North American Securities.

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Texas State securities board issues cease and Desist Order to Crypto Promoters The Texas State Securities Board has taken emergency action against a network of fraudulent crypto-related firms. The.

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Texas’ securities agency has issued another cryptocurrency related emergency cease-and-desist order, this time against DavorCoin. In the latest filing, signed late last week, the Texas State Securities Board (TSSB) alleges the company has been issuing unregistered securities with fraudulent and misleading information designed to lure and dupe investors.

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.

Texas State Securities Board Issue Cease and Desist To Crypto and Medical Marijuana Investment Site The Texas State Securities Board has issued an emergency cease and desist order against cryptocurrency investment company FxBitGlobe. The company is accused of using a false address as well as forged government records, misrepresenting its status.

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