Texas Securities Board Hits Two “Fraudulent” Mining Operations with Emergency Cease-and-Desist Orders26.1

The Texas Securities Board pounces on two mining operations using social media and multilevel marketing to propagate a transnational web of “fraudulent crypto-mining programs”, Director of Enforcement Joseph Rotunda informs CryptoSlate.

AWS Mining and EXY Crypto have been stung with emergency cease-and-desist orders, dated Nov. 6, citing a symphony of allegations against Australia and Canada-based organizations centered around the illegal promotion of bogus crypto mining investment contracts and failure to register with the Texas Securities Commissioner as a Dealer.

Original source
https://cryptoslate.com/texas-securities-board-hits-two-fraudulent-mining-operations-with-emergency-cease-and-desist-orders/

Add comment

Please Sign in to be able to leave comments.