Crypto Scams: US Texas Securities Regulator Issued 9 Orders by end-June
July 10, 2018 / Texas Securities Board
The Texas Securities Board (TBS) said that it has issued administrative orders for nine alleged cryptocurrency fraudulent offers in the first half of 2018, a mid-year review published on July 9 revealed. Social media campaigns and online commercials have been the most common practices for misleading possible investors, according to the analysis. The administrative actions were issued by TBS commissioner Travis J. Iles who serves as the regulator’s chief administrative officer and supervises the day-to-day activities of the staff.