Texas Securities Watchdog Blocks UK Cryptocurrency Outlet
The Texas State Securities Board said Thursday it’s halted “multiple investment programs” provided by the U.K.-based company. Its investor solicitations promise returns of over 100 percent, the TSSB said, for BitConnect’s own proprietary cryptocurrency, called BitConnect Coins, or BCC.
The enforcement action follows BitConnect’s recent announcement that it would hold an initial coin offering, or ICO,...
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