Archive | texas

Texas Securities Board Issues Cease-And-Desist Orders for Two Exchanges

The Texas State Securities Board (TSSB) has served emergency cease-and-desist orders to two cryptocurrency companies that it believes are likely to be operating scams, BTCRUSH and Forex EA & Bitcoin Investment LLC. BTCRUSH is a website based in the United Kingdom purportedly run by Jaylon Cross, Bruce Rodgerson, Robin Lozinski, and Thomas Johnson, likely to […]

Blockchain Helps the Homeless in Texas Capital

Texas capital city Austin is piloting a blockchain platform that attempts to address the problem of identity management for its homeless population. The pilot program plans to address issues such as unemployment, lack of medical services and government financial support for the city’s 2,000 homeless, who often can’t access these essentials due to proof of identity issues. A […]

Texas State Securities Board Releases “Crypto Report,” 32 Companies Under Scrutiny

In a sign of the times, crypto-related scams have surpassed those involving oil, gas, and real estate in recent months as the most popular means by which fraudsters are attempting to take money from Texas investors, according to a cryptocurrency report authored by Joe Rotunda and his agency the Texas State Securities Board (TSSB). Companies… […]

Texas Mayoral Candidate Proposes Funding Police With Crypto

One of the candidates running for mayor in the city of Lewisville, Texas has campaigned to finance the local police force with a cryptocurrency he dubs “Blue Coin”. Blue Coin The candidate Winston Edmonson is currently campaigning to raise funds for the local police force and offers his plan as an alternative to raising taxes on […]

Texas Securities Board Issues Another Cease-and-Desist, This Time Against LeadInvest

This week, the Texas State Securities Board (TSSB) issued another cease-and-desist order: This time to a “company” called LeadInvest. The agency contends that LeadInvest fabricated its management team and illegally solicited investors for a cryptocurrency mining operation and lending program. On February 26th 2018, the Securities Commissioner of the State of Texas, Travis J. Iles, signed and […]