Texas and Alabama halt sale of metaverse casino NFTs
The states’ securities regulators served cease and desist orders to the sellers of the 12,000 Gambler NFTs who violated securities regulation.
Latest Cease and Desist News
6 US regulators crackdown on Voyager Digital over interest-bearing accounts
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.
Overstock subsidiary tZERO fined $800,000 over dark pool rule violation
The SEC accused tZERO of using non-U.S. trading information from a Singaporean firm and failed to properly disclose key information in accordance with regulations.
New York AG targets Nexo and Celsius in digital currency lending purge
New York’s attorney general has joined Kentucky, New Jersey and Alabama authorities in launching an attack on digital currency lending platforms, with sights set on Celsius and Nexo.
Kentucky piles on and issues cease-and-desist order vs Celsius Network
Kentucky has joined New Jersey, Alabama and Texas in booting out digital currency lender Celsius Network, issuing a cease-and-desist order against the firm.
Kentucky’s cease and desist order to BlockFi
Kentucky's Department of Financial Institutions has issued a cease and desist order to BlockFi over its BlockFi Interest Accounts.
Texas files cease and desist against BlockFi
The state of Texas has filed a Cease and Desist order against BlockFi and claims that BlockFi's Interest Accounts are unregistered securities.
BlockFi ordered to cease and desist by NJ Attorney General
BlockFi, the popular cryptocurrency lending and borrowing platform, has been issued a cease and desist order by NJ's Attorney General.
Texas regulator issues cease and desist order against 2 alleged digital currency scams
The Texas State Securities Board issued the cease and desist order against London-based Bitles Limited and its principal Janis Lacis, as well as Texas-based C3 Data Services and its principal Edward Carter.
Token-based social media BitClout raising lots of money—and eyebrows
BitClout brands itself as a social media-based platform where users can buy and sell tokens based on people’s reputations.
Texas halts ‘double your money’ digital currency scam
Texas has issued a cease and desist order against a digital currency investment scam whose operator assures investors that he can double their investment.