Texas Securities Commissioner issues emergency cease and desist order against cryptocurrency firm DavorCoin

Texas Securities Commissioner issues emergency cease and desist order against cryptocurrency firm DavorCoin

The action against DavorCoin comes about a month after the Texan authorities issued a cease and desist order against BitConnect. The efforts of the Texan authorities to tackle cryptocurrency fraud continue. About a month after the Texas Securities Commissioner issued a cease and desist order against BitConnect , a similar scheme is hit with an order. On February 2, 2018, Texas Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order against DavorCoin, an entity offering investments in a crytpcurrency lending program in Texas. DavorCoin has been promising investors they can earn artificially high profits by investing […]

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