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.
The Texas State Securities Board (TSSB) recently issued cease-and-desist orders to two separate cryptocurrency mining companies operating in the state.
It appears that the fraudsters and scammers who are taking advantage of the cryptocurrency market are on the increase of late.
