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Texas regulator goes after cryptocurrency scammers boasting fake Obama endorsements

Wednesday, September 19, 2018 by Piyush Suthar | Comments

Home News Tech Texas regulator goes after cryptocurrency scammers boasting fake Obama endorsements

The Texas State Securities Board (TSSB) is taking emergency action against cryptocurrency scammers, peddling fake endorsements and posing as well-established blockchain services. In a statement from yesterday, TSSB Commissioner Travis J. Iles revealed the board has issued a cease and desist letter for three cryptocurrency businesses. The suspected businesses are currently under investigation. The TSSB claims that Coins Miner Investment, DGBK Ltd, and Ultimate Assets LLC have been duping potential customers with incorrect, false, and totally misleading information. “According to the Emergency Cease and Desist Order, Coins Miner is manipulating its email solicitations to make them appear as if they…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


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