Multiple U.S. states have ordered GS Partners to halt operations, accusing the company of defrauding investors in a number of crypto schemes, including tokenized pieces of a Dubai skyscraper and stakes of metaverse property.
Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say
Crypto lender Abra has been insolvent since at least March 31, 2023, state securities regulators alleged on Thursday.
Supposed AI-Based Crypto Token Using Musk’s Image Targeted by Texas Securities Board
Five U.S. states are ordering TruthGPT Coin promoters to stop using images of Elon Musk, CZ and Vitalik Buterin to promote what they describe as an investment scam.
$1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds: Texas Regulators
The filing opposing the Binance US deal casts doubt on the firm’s relationship with Binance.com and alleges its staking service is illegal.
Bankman-Fried on the hook in Texas, called to appear at Feb. hearing
The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US.
Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX’s collapse.
Texas, Vermont regulators object to Celsius stablecoin sale plan
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.
Texas Financial Regulators Crack Down on 15 Alleged Crypto Scams
Many of the alleged crypto scams had a common tactic: savvy social media posts to draw victims in.
Texas Securities Regulator Accuses South African Trading Pool of Crypto Fraud
Texas’ securities watchdog ordered Mirror Trading International to cease operations, alleging the South African bitcoin and forex “investor club” is a multilevel marketing scam.
US State Regulators Order ‘Fraudulent’ Crypto Mining Scheme to Shut Down
The Texas State Securities Board and Alabama Securities Commission filed an emergency action against Ultra Mining, alleging it offered unregistered securities by promising to double investments in a cloud mining scheme.