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Home / Bitcoin / Cryptocurrency news / Cryptocurrency news and discussions. / Ethereum / Texas orders BitConnect to "Cease and Desist" selling their BCC coin in Texas, calling it a ponzi scheme and a fraud

Texas orders BitConnect to "Cease and Desist" selling their BCC coin in Texas, calling it a ponzi scheme and a fraud

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http://ift.tt/2CtrM04

The Texas State Securities Board has declared BitConnect and their BCC coin, currently selling for about $425/coin and having a market cap of $2,621,031,617, a fraud and have been given a "cease and desist" order. Probably more government agencies to follow.

submitted by /u/JerryLerman
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from Cryptocurrency news and discussions. http://ift.tt/2E8SkDX
Texas orders BitConnect to "Cease and Desist" selling their BCC coin in Texas, calling it a ponzi scheme and a fraud Texas orders BitConnect to "Cease and Desist" selling their BCC coin in Texas, calling it a ponzi scheme and a fraud Reviewed by paksvideo on January 05, 2018 Rating: 5

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