Published on May 16th, 2018 | by bitcoin0
Jennifer Aniston, Prince Charles, and the Crypto-Scam
One detail provided in the Texas State Security Board order further gives the effort a somewhat ridiculous air, with the agency stating that the scheme gave alternative names to the purported clients, labeling Jennifer Aniston as “Kate Jennifer” and Prince Charles as “Mark Robert.”
Wind Wide Coin was “illegally, deceptively and fraudulently offering investments” in Texas, Joseph Rotunda, director of enforcement at the Texas State Securities Board, told CoinDesk in an email.
The order concludes that the firm must immediately cease and desist from selling unregistered securities and conducting fraud in Texas.
The case marks yet another action by the state’s securities regulator, as it moves to protect investors from fraudulent cryptocurrency schemes.
Earlier this month, two bitcoin investment schemes were also issued cease-and-desists by the Securities Board for allegedly selling unregistered securities.