The settlement ensures Texans will receive a return of all fiat and cryptocurrency deposited with GSB Group and GS Partners, regardless of the product or service they purchased from the respondents.
All tagged Texas State Securities Board
The settlement ensures Texans will receive a return of all fiat and cryptocurrency deposited with GSB Group and GS Partners, regardless of the product or service they purchased from the respondents.
During her eight years as a staff attorney with the Board, she was responsible for conducting complex legal investigations into registered firms and individuals.
A working group of state securities regulators, led by the Texas State Securities Board, have been investigating offers and sales of Abra Boost and Abra Earn.
Jaime Rios, a registered agent of Money Concepts Capital Corp., engaged in outside business activities and private securities transactions that were not disclosed to or approved by his employing firm.
Securities Commissioner Travis J. Iles announced the filing of two emergency actions to stop allegedly illegal and fraudulent securities offerings tied to artificial intelligence.
The order found that BigWhale.io used a multilevel marketing scheme that relied on numerous online influencers to promote its decentralized application.
Michael Delao was suspended for 90 days and assessed an administrative fine of $5,000 for failing to report a felony charge to the Securities Commissioner within thirty days of its occurrence.
The alleged misconduct includes the intentional concealment of financial information reflecting the capitalization of parties, defaults on loans and the transfer of assets to Binance.
The respondents are also touting the profitability of TruthGPT Coin – even claiming that TruthGPT Coin will increase in value by as much as 10,000 times.
The Texas State Securities Board continues to serve as a leader in protecting investors from illegal and fraudulent digital asset securities schedules.
The initial scheme recently collapsed, and the respondents are now allegedly perpetrating a Ponzi scheme by raising capital from new investors to cover withdrawals from previous investors.
Robinhood neither admits nor denies the findings as set out in the States’ orders.
The Texas State Securities Board is a leader in protecting investors from illegal and fraudulent digital asset securities schemes.
The order alleges Gunn was about to defraud Texans by selling something he simply does not own.
Tommie “Tom” Carter Jr, a 64-year-old resident of Austin, Texas, was convicted of first-degree securities fraud and sentenced to serve 40 years in prison.
The sentence was the result of recent convictions for perpetrating a real estate investment scheme that victimized more than 330 individuals.
The order accuses Flamingo Casino Club of illegally soliciting securitized nonfungible tokens, or NFTs, that purportedly convey ownership of a metaverse casino and the right to share in the profits of the metaverse casino.
The order names Sand Vegas Casino Club, Martin Schwarzberger, and Finn Ruben Warnke and accuses them of illegally offering NFTs, or non-fungible tokens, to fund the development of virtual casinos in metaverses.
The annual survey is designed to identify the most problematic products, practices, or schemes facing investors.
According to the order, Treasure Growth has been soliciting Texans to invest in various cryptocurrency cloud mining programs through public advertisements and online platforms.