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While nothing has emerged from the SEC yet regarding fraudulent ICO lending Ponzi schemes, Texas is on a roll. An emergency cease and desist order against DavorCoin marks the third enforcement order Texas has taken against ICO lending Ponzi schemes. For those unfamiliar with the scheme, DavorCoin is aBitConnect ICO lending Ponzi clone. The gist [Continue reading...]

Source: DavorCoin securities fraud cease and desist issued in Texas

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Michael Blair
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