Bitconnect Slapped with Securities Emergency Cease and Desist Order from Texas Securities Commissioner (TSC)
There's some bad news to those who invested in Bitconnect. The popular popular bitcoin lending platform was slapped with a cease and desist from Texas Securities Commissioner (TSC) Order to halt its operations.
https://www.ssb.texas.gov/sites/default/files/BitConnect_ENF-18-CDO-1754.pdf
References:
https://news.bitcoin.com/bitconnect-slapped-with-securities-emergency-cease-and-desist-order/
https://www.ssb.texas.gov/sites/default/files/BitConnect_ENF-18-CDO-1754.pdf
https://www.ssb.texas.gov/news-publications/4-billion-crypto-promoter-ordered-halt-fraudulent-sales