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Texas Securities Commissioner issues Emergency Cease and Desist Order against FxBitGlobe
US authorities continue their efforts to put an end to cryptocurrency-related fraud. Texas Securities Commissioner Travis J. Iles has taken emergency action to stop an international offering of cryptocurrency and FX investments by an entity using a phony address and falsely claiming that it is registered as a broker-dealer and investment adviser. The Commissioner has entered Emergency Cease and Desist Order against FxBitGlobe, a company that claims to be one of the world’s leading investment companies that is trading cryptocurrencies, foreign currency, binary options, and insurance investments. FxBitGlobe says it ... (full story)