{"id":152887,"date":"2019-08-09T13:00:58","date_gmt":"2019-08-09T10:00:58","guid":{"rendered":"http:\/\/ww-vb.mine.nu\/w108\/texas-regulator-goes-after-cryptocurrency-firm-promising-900-returns-in-2-weeks\/"},"modified":"2019-08-09T13:01:00","modified_gmt":"2019-08-09T10:01:00","slug":"texas-regulator-goes-after-cryptocurrency-firm-promising-900-returns-in-2-weeks","status":"publish","type":"post","link":"https:\/\/hameed.nwar.uk\/sa\/texas-regulator-goes-after-cryptocurrency-firm-promising-900-returns-in-2-weeks\/","title":{"rendered":"Texas regulator goes after cryptocurrency agency promising 900% returns in 2 weeks"},"content":{"rendered":"

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Regulators in Texas<\/span><\/span><\/span> have filed a stop and desist<\/span><\/span> order in opposition to a\u00a0New York-based cryptocurrency<\/span><\/span><\/span> enterprise promising a 900-percent return on funding in simply two weeks.<\/p>\n

Foreign exchange and Bitcoin<\/span><\/span><\/span> Dealer, which was promoting<\/span><\/span><\/span> on Craiglist<\/span><\/span><\/span> Dallas, reportedly offers in cryptocurrency<\/span><\/span><\/span> investments, commodity<\/span><\/span>-based derivatives, and international foreign money buying and selling.<\/p>\n

An announcement printed earlier this week stated the firm<\/span><\/span><\/span> claimed a $2,00Zero funding would see returns of $20,000, not together with the 10 % charges charged by the platform.<\/p>\n

The order says Foreign exchange and Bitcoin<\/span><\/span><\/span> Dealer was deceptive traders<\/span><\/span><\/span> by claiming it had an insurance coverage coverage<\/span><\/span><\/span> that backed consumer<\/span><\/span><\/span> funds<\/span><\/span><\/span> and a stability sheet with sufficient internet capital to ensure prospects<\/span><\/span><\/span>\u2018 returns.<\/p>\n

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Regardless of the claims, the firm<\/span><\/span><\/span> didn’t share any details about its capital or insurance coverage coverage<\/span><\/span><\/span> and failed to tell traders<\/span><\/span><\/span> of the related dangers of buying and selling cryptocurrency<\/span><\/span><\/span> and international foreign money.<\/p>\n

The information<\/span><\/span> comes only a day after a New Jersey state regulator slapped two fraudulent ICOs with one other stop and desist<\/span><\/span><\/span> order.<\/p>\n

It goes with out saying that the rise of fraudulent exercise<\/span><\/span><\/span> within the market<\/span><\/span><\/span> is commonly pushed by cryptocurrencies<\/span><\/span><\/span>\u2018 worth<\/span> actions: because the worth<\/span> will increase, so do the variety of suspect choices<\/span><\/span><\/span> in search of to swindle unsuspecting victims of their hard-earned money<\/span><\/span><\/span>.<\/p>\n

So, because the previous saying goes, if one thing sounds too good to be true, it most likely is!<\/p>\n<\/div>\n

\n Revealed August 9, 2019 \u2014 09:51 UTC\n <\/p>\n<\/p><\/div>\n