Just read US Regulator Acts Against Crypto Firm Falsely Claiming to Represent Coinbase, Cointelegraph

US Regulator Acts Against Crypto Firm Falsely Claiming to Represent Coinbase, Cointelegraph

The Texas Securities Commission (TSC) has issued an emergency cease and desist order against a Russian crypto firm, according to an official press release published September 18. The Texas regulator states that the company allegedly misappropriated both Coinbase and Cointelegraph materials to attract investors. The cease-and-desist order states that Coins Miner falsely claimed to be registered at a U.K. address, whereas the firm was in fact operating from Volgograd in Russia. It is charged with sending unsolicited emails to numerous recipients — including Texas residents — luring them to purchase investments in crypto mining programs issued by Coins Miner. It is also charged with misappropriating a video of a Fortune journalist discussing crypto next to a superimposed Coins Miner logo.

Read the full article at cointelegraph

Wednesday, September 19, 2018