
US states crack down on metaverse project with links to Russia
The Flamingo Casino Club has claimed to be linked to a Vegas casino falsely, lied about donating to Ukraine victims, and hid its previous ties to Russia, authorities said.
The Flamingo Casino Club has claimed to be linked to a Vegas casino falsely, lied about donating to Ukraine victims, and hid its previous ties to Russia, authorities said.
The states’ securities regulators served cease and desist orders to the sellers of the 12,000 Gambler NFTs who violated securities regulation.
The regulators filed a mix of show cause and cease and desist orders against Voyager, which replied by saying that its products haven’t violated securities laws.
After they took action against BlockFi, three U.S. states have now filed orders seeking to kick Celsius out as the war on digital currency lending continues.
The firms claim to offer a debit card that is pegged on stablecoins, with promises of returns of up to 500% interest in just 24 months.