@QJax
It looks like Cali is going Ape on almost a dozen crypto firms accused of operating ponzi schemes. California goes after 11 cryptocurrency firms accused of violating California securities laws soliciting funds from investors in order to trade cryptocurrencies on the customer’s behalf. One of the accused companies pitched an alleged metaverse software development scheme, and another firm claimed to be a “decentralized finance (defi) platform.” SOURCE: https://news.bitcoin.com/california-launches-crackdown-on-11-crypto-firms-accused-of-operating-ponzi-schemes/?utm_source=BitcoincomWallet&utm_medium=Discovery&utm_campaign=News&wallet #cryptocurrency
2 comments
“These actions not only protect consumers, but also ensure California remains the premier global location for responsible crypto asset companies to start and grow,”
Yes I agree, there are too many rogue firms trying to cash in and get out with investors money