RATE Group | Texas Securities Commissioner acts against Russian cryptocurrency promoters
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Texas Securities Commissioner acts against Russian cryptocurrency promoters

19 Sep Texas Securities Commissioner acts against Russian cryptocurrency promoters

Posted at 08:22h in Cryptocurrency News by

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According to the Emergency Cease and Desist Order, Coins Miner is manipulating its email solicitations to make them appear as if they came from established companies.

Texas Securities Commissioner Travis J. Iles has taken an emergency action to stop the activities of a cryptocurrency-related scheme. The Commissioner entered a cease and desist order against Coins Miner Investment Ltd., a cryptocurrency investment promoter operating in Russia.

Coins Miner was found to have been soliciting funds from Texas residents by pretending to represent Coinbase, a San Francisco-based company that operates an online platform for buying, selling, and storing digital currency.

Ana Julia Lara, a person affiliated with Coins Miner, falsely claims to work at Coinbase as a cryptocurrency trader. Lara has been sending…

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