![Texas-court-bans-BTC-platform-PaxForex,-imposes-$374K-penalty Texas court bans BTC platform PaxForex, imposes $374K penalty](https://coingeek.com/wp-content/uploads/2021/07/Texas-court-bans-BTC-platform-PaxForex-imposes-374K-penalty-380x188.jpg)
Texas court bans BTC platform PaxForex, imposes $374K penalty
The company is accused of engaging in illegal, off-exchange transactions in these digital currencies as well as foreign currencies and precious metals without registering with the regulators.