State regulator orders fraudulent Russian cryptocurrency out of North Dakota14.79

Financial regulators of North Dakota have ordered a dodgy Russian cryptocurrency company to cease and desist operations in the state, after discovering it had impersonated a bank in Liechtenstein to falsely market an initial coin offering (ICOs). In a statement released Monday, state securities chairman Karen Tyler explains how the scammers assumed the identity of Union Bank AG, using its reputati...

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