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Cease and Desist Orders against Crypto Mining Operations

Cease and Desist Orders against Crypto Mining Operations

Cease and Desist Orders against Crypto Mining Operations

A cease-and-desist order has been issued by TSSB against two local cryptocurrency mining companies. The TSSB highlighted, “Although potential investors are led to believe they will receive a 200% return on principal, Respondent AWS Mining is now disclaiming the guarantee of profitability and instead of representing that investors assume the risks associated with the investment.”