The Texas State Securities Board has settled with Abra, which consented to repay $1.8 million to 1,600 investors from the state, while Taiwan pursued the people behind the $6m fraud at ACE Exchange.
GSB Group operated several companies, all of which solicited investment for stakes in a Dubai skyscraper and a metaverse, hiring celebs like Floyd Mayweather Jr.
Binance faces a series of unfortunate events following the SEC's charges, with Binance.US announcing layoffs and a pay cut, while the exchange's BNB value plummeted.
Binance.US will assume control of $1 billion in digital assets frozen last July when Voyager filed for Chapter 11 protection.
The U.S. SEC objects to Binance's acquisition of digital asset lender Voyager over doubts that the exchange could complete the billion-dollar transaction, and if it can, whose money will it be?
Celsius Network claimed that the freeze was in the interest of its customers, but regulators in Texas, Kentucky, New Jersey, and even the Securities and Exchange Commission are not taking their word.
The states’ securities regulators served cease and desist orders to the sellers of the 12,000 Gambler NFTs who violated securities regulation.
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.
Delta Crypt has already been the subject of warnings from regulators, who claim the scheme has been “illegally offering securities paying ‘ridiculous’ returns.”
The Texas State Securities Board ordered Mind Capital to cease and desist from targeting state residents immediately.
Texas has issued a cease and desist order against a digital currency investment scam whose operator assures investors that he can double their investment.
Cryptocurrencies require scrutiny and should be traded with care, according to the Texas State Securities Board.
