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Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: rhubygold23 on October 01, 2018, 04:26:38 AM

Title: North Dakota Issues Orders Against Bitconnect, Magma, Pension Rewards
Post by: rhubygold23 on October 01, 2018, 04:26:38 AM
(https://news.bitcoin.com/wp-content/uploads/2018/09/nkbanner-1068x1068.png)

The securities department of the US state of North Dakota has issued orders against three companies promoting initial coin offerings in the state. They are Bitconnect, Magma Foundation, and Pension Rewards. The investigations are part of Operation Cryptosweep which involves over 40 US and Canadian securities regulators.

North Dakota’s Cease and Desist Orders

North Dakota Securities Commissioner Karen Tyler issued cease and desist orders Wednesday against three companies “promoting unregistered and potentially fraudulent securities in North Dakota in the form of initial coin offerings (ICOs),” the state’s securities department announced. The department wrote:

(https://news.bitcoin.com/wp-content/uploads/2018/09/nk-sec-300x161.jpg)

WHAT DO YOU THINK?

THIS IS THE SOURCE: https://news.bitcoin.com/north-dakota-bitconnect-magma-pension-rewards/