The Colorado Securities watchdog issued cease and desist orders to four cryptocurrency startups asking them to stop promoting unregistered securities to residents of the state.
Source: www.rttnews.com
The Colorado Securities watchdog issued cease and desist orders to four cryptocurrency startups – Bitcoin Investments Ltd. (also doing business as DB Capital), PinkDate, Prisma, and Clear Shop Vision Ltd. This order stated that the four statups stop promoting unregistered securities to residents of the state. With the latest order, the total number of cease-and-desist orders signed by Colorado Securities Commissioner Gerald Rome has reached 12. The alleged spoofing of a U.S. Securities and Exchange Commission webpage, www.howeycoins.com, set up to educate potential cryptocurrency investors about the associated risks, is matter of concern to investigators.
