RE: Texas state securities serves Bitconnect an emergency cease & desist order

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Texas state securities serves Bitconnect an emergency cease & desist order

in bitconnect •  7 years ago 

They are based in Asia aren't they? I don't see how an authority in Texas sending a letter to their UK address is really going to do much.

This doesn't look like it will spell the end for BitConnect, I've seen other similar letters that were sent to them months ago but they are still up and running. I doubt this time it will be any different.

bitconnect
7 years ago by

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      ·  7 years ago 

    As a workaround, couldn't they just ban Bitconnect in the US? It's a bit of a stretch and it could open the flood gates.

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      ·  7 years ago 

    Well repetition of this, basically would serve as a warning. But it's disclosure alone would breakdown it's market.

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