Four more crypto firms hit with Cease-and-Desist order in Colorado

Four more crypto firms hit with Cease-and-Desist order in Colorado

The cease-and-desist orders have been issued against four other firms namely Global Pay Net, Credits LLC, CrowdShare Mining and CyberSmart Coin Invest. The Colorado Securities Commissioner Gerald Rome signed the orders claiming that the companies published misleading statements and attracted investors with false promises. Nearly 18 such orders against unregistered ICOs have been passed.

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