Texas Securities Regulator Accuses South African Trading Pool of Crypto Fraud

Texas Securities Regulator Accuses South African Trading Pool of Crypto Fraud

“These quick-to-profits schemes rely on a little bit of smoke and the shine of mirrors,” said Texas Securities Commissioner Travis J. Iles. (Danny Nelson)

The Texas State Securities Board (TSSB) on Wednesday ordered Mirror Trading International (MTI) to cease operations immediately, alleging the South African bitcoin and forex trading network is a multilevel marketing scam.

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