Texas Trying to Shut Down Bitconnect?!

nexusblocker (37)in #cryptocurrency • 7 years ago (edited)

Texas hate cryptocurrencies and hate weed too.....

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7 years ago in #cryptocurrency by nexusblocker (37)

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cheetah (77) 7 years ago

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alilunth (25) 7 years ago (edited)

Their stance is that Bitconnect failed to register properly as a security broker as required under the Texas Securities Act. The grey area is whether or not they are actual securities. Bitconnect says they are not but their actions indicate otherwise. I will be interested to see the long-term implications of this desist order.

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