Texas regulator issues cease-and-desist against three crypto scams

Texas regulator issues cease-and-desist against three crypto scams

The Texas State Securities Board has issued cease and desist order against the Coins Miner Investment Ltd, DigitalBank Ltd, and Ultimate Assets. The DigitalBank raised funds through an illegal ICO claiming to develop ‘Photon Encrypted Ledger Key.’ The Ultimate Assets deceitfully promised investments with 900% ROI in Bitcoin and Forex trading.

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