News list for "United States Texas"

Texas regulators crack Arkbit cryptocurrency mining pyramid scheme fraud

The Texas Securities Commission has issued a cease and desist order to Arkbit Capital, accusing it of engaging in fraudulent crypto cloud mining activities. According to the order, the Texas Securities Commission found that Arkbit Capital and its affiliated entities engaged in fraudulent activities, including the use of deceptive image and video processing technology to promote its investment plans. Arkbit Capital, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining (collectively "Arkbit")...

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2024-05-29 10:51:11
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