Beware of robber banks (RB), bad advisors.
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Texas Regulator Lists Cryptocurrencies Among Top Threats To Investors
The Texas State Securities Board or TSSB listed cryptocurrencies to be among the top threats to investors. This was revealed in the 10th anniversary edition of the Texas Investor Guide published by the TSSB under the title "Strategies for Investing Wisely and Avoiding Financial Fraud." The regulator lists cryptocurrency offerings as a threat to investors as they are extraordinarily volatile or risky and almost impossible for a layperson to understand. Cryptocurrency prices continue to be in a constant cycle of boom and bust. Cryptocurrencies became popular at a time when bitcoin reached a record high of $19,891 in ... (full story)