Texas Regulators Crack Down on Site Offering Returns Related to Cryptocurrency and Medical Marijuana – Helena Bitcoin Mining

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A bogus startup offering 8% weekly returns on cryptocurrency and medical marijuana was hit by the Texas State Securities Board yesterday, in another move by against crypto-related financial crimes by U.S. regulators.. The Board filed a cease-and-desist order (CDO) against Mark Moncher for allegedly trying to sell unregistered securities through his "Financial Freedom Club," also called.

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Texas Regulators Crack Down on Site Offering Returns Related to Cryptocurrency and Medical Marijuana April 6, 2018 admin A bogus startup offering 8% weekly returns on cryptocurrency and medical marijuana was hit by the Texas State Securities Board yesterday, in another move by against crypto-related financial crimes by U.S. regulators.

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The Texas State Securities Board has uncovered more suspicious activity from cryptocurrency businesses targeting residents in the state. The agency has most recently issued a pair of emergency orders against two separate entities that according to the regulators were scamming investors, including a bitcoin mining operation and a bitcoin foreign exchange investment fund.

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Texas will not treat Bitcoin and other virtual currencies as legal money, according to a new memo from the Texas Department of Banking. Yet some companies that deal in Bitcoin transactions could.

Cryptocurrency mining will always remain a peculiar industry. A lot of people make good money from it, even though there’s also a degree of centralization involved.. Texas Regulators Crack Down on Site Offering Returns Related to Cryptocurrency and Medical Marijuana. A bogus startup.

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Crypto Monero Hard Fork to Ensure Decentralization Welcomed by Community. Monero has undergone a hard fork over the last few days in reaction to purpose-built mining.

Legendary investor Warren Buffett has warned Bitcoin backers face disaster – and suggested the online currency craze will come crashing down. Bitcoin surged as much as 1,900 per cent last year before.