Texas State Securities Board Flags 15 Investment Entities Including One Unregistered Crypto Trader

The Texas State Securities Board (TSSB) has announced a series of enforcement actions against 15 online investment entities that illegally market cryptocurrency, binary options, and forex investments in Texas. Fake Social Media Accounts The regulator alleges that operators of the companies are using their social media skills as well as the internet to mask the fraudulent nature of their operations. The emergency enforcement order, therefore, stops the flagged companies from continuing to operate from the state of Texas until they get a license from the regulator. Meanwhile, in his comments…

Read More

Law Decoded: Green lights of the SEC, black flags of Binance, Nov. 13–20

Libel laws and new faces at the U.S. securities regulator lead the week’s news. Editor’s no Amid a political news cycle that has been stuck in a nauseating loop, covering crypto is often refreshing. Partisan forces have yet to dig out the trenches. A lot of the current task is just getting working definitions in play.  Meanwhile, the technology advances at a mind-boggling rate, and there are still enough outrageous scams, absurd tomfoolery and indeed general skulduggery to keep everything from getting dull. Speaking of skulduggery, I will begin this…

Read More