New Jersey Sends Cease & Desist to Crypto-Investment Pool157.64

The state of New Jersey's Bureau of Securities and the Attorney General has issued a cease and desist order to a digital currency investment fund called 'Bitstrade' this week. New Jersey lawmakers have sent a cease and desist letter to a firm called Bitstrade which claims to be a registered U.S. financial startup and offers digital asset banking services. Officials from New Jersey say Bitstrade unlawfully provided investors unregistered securities in the form of a pool that claims to guarantee up to 10 percent returns which accrue daily. What do you think about the New Jersey Bureau of Securities and the Attorney General shutting down Bitstrade operations within the state? Let us know what you think in the comments below.
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