Cease and Desist Order to 3 Crypto Firms

Cease and Desist Order to 3 Crypto Firms

Three cryptocurrency investment companies received cease and desist order from the North Dakota’s securities department. The companies were allegedly offering fraudulent investment scheme. The companies hit with the order include BitConnect, Magma Foundation, and the Pension Rewards Platform/ Pension Rewards. The orders were issued after an investigation was carried by 40 US and Canadian regulators.

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