Metaverse casino served emergency cease and desist to halt NFT sales

Explaining the cease and desist orders, the Texas State Securities Board in particular likened Sloties’ NFTs to something that is “similar to stock and other equities.”

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CZ Says Binance Has Issued a Cease and Desist Notice Against Nigerian ‘Scammer Entity’

Changpeng Zhao, the CEO of Binance, said the recently banned Binance Nigeria Limited has been issued with “a cease and desist notice.” Zhao, who has since branded the Nigeria-registered company a “scammer entity,” told his followers not to believe everything they read in the news. Binance Disassociates Itself From Banned Nigerian Entity The CEO of [...]

The post CZ Says Binance Has Issued a Cease and Desist Notice Against Nigerian ‘Scammer Entity’ appeared first on Crypto Breaking News.

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Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts. (Read More)

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Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order

According to an emergency cease-and-desist order from the Texas State Securities Board, the cryptocurrency firm Abra is “insolvent or nearly insolvent.” The filing alleges that a group of state securities regulators has been investigating Abra, and the working group interviewed William Barhydt, the company’s founder, in March 2023. Texas State Regulators Issue Cease-and-Desist Order, Citing [...]

The post Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order appeared first on Crypto Breaking News.

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SEC Halts Platinum Coin Pawnshop’s Illegal Investment Scheme

SEC issues cease and desist order against Platinum Coin Pawnshop for operating an illegal investment scheme in the Philippines.

The post SEC Halts Platinum Coin Pawnshop’s Illegal Investment Scheme appeared first on BitPinas.

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