News Releases

The Texas State Securities Board, a leader in policing cryptocurrency-related investments, has joined more than 40 U.S. state and Canadian regulators in a coordinated investigation of fraudulent cryptocurrency-related investment products. The North American Securities Administrators Association...

Texas Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order on May 15 to stop Wind Wide Coin Inc. , an entity that says it is based in Houston, from fraudulently offering investments in a cryptocurrency trading program. The order alleges that Wind Wide Coin and three...

The cryptocurrency mining company Bitcoin Trading & Cloud Mining Ltd. said it is no longer accepting investments from the United States. The company’s statement came less than one day after the Texas Securities Commissioner entered an Emergency Cease and Desist Order against the company. The company...

Texas Securities Commissioner Travis J. Iles on May 8 entered two emergency actions against unregistered promoters who are fraudulently offering high-return investments in programs tied to cryptocurrencies. According to the orders, Bitcoin Trading & Cloud Mining Ltd. also known as BTCRUSH, and Forex...

The Enforcement Division of the Texas State Securities Board found widespread fraud in cryptocurrency offerings during a four-week investigation of investment offerings that were tied to virtual currencies. The full results are in the 14-page report Enforcement Report: Widespread Fraud Found in...

Texas Securities Commissioner Travis J. Iles on April 5 entered an Emergency Cease and Desist Order against a convicted felon who is offering investments in two things that usually don’t go together: a cryptocurrency trading program and a marijuana growing operation. According to the order, the...

The Texas State Securities Board took the following administrative actions from Jan. 1 through March 31, 2018: Bitconnect: Cease and Desist The Texas Securities Commissioner on Jan. 4 entered an Emergency Cease and Desist Order to halt the multiple investment programs operated by BitConnect, an...

The Texas Securities Commissioner last week brought an emergency action against cryptocurrency firm LeadInvest , an offshore entity that claims it is advised by Supreme Court Justice Ruth Bader Ginsburg and three former U.S. Solicitors General. Commissioner Travis J. Iles entered the Emergency Cease...

The chief executive officer of an Austin-area cryptocurrency investment firm has agreed to stop offering for sale any security in Texas until the firm complies with state registration requirements. Texas Securities Commissioner Travis J. Iles on Feb. 15 entered an Order in which Daniel Neves , the...

Learning about investing starts with the Core Four. Core what? Hey, good question. The answer is found in four new PDFs from the Texas State Securities Board. They explain the core principles of smart investing — whether you invest on your own or want to hire a financial professional — and they make...