An employee wearing a protective face mask inspects mining rigs mining the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2021. The worlds second-most-valuable cryptocurrency, Ethereum
AUSTIN, Texas – The Texas State Securities Board has issued an emergency cease and desist order against several crypto entities for allegedly scamming potential investors.
The board says the entities, all founded by one man, were fraudulently promising profits for investing in a multi-level marketing-style mining operation.
Crypto scam order
The emergency order is against TEXITcoin, MineTXC, Blockchain Mint, and their founder Robert J. Gray, alleging they violated the…
