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While the SEC drags its feet, Texas continues to lead the charge against MLM cryptocurrency fraud in the US. The latest from the Texas Securities Board is an emergency cease desist issued against BitConnect. Issued on January 4th, the cease and desist identifies BitConnect’s ICO lending scheme, staking program and upcoming BitConnectX ICO as unregistered [Continue reading...]

Source: BitConnect securities fraud cease and desist issued in Texas

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