DavorCoin: Texas State Securities Board Issues Fourth Emergency Cease-And-Desist

Texas’ securities agency has issued another cryptocurrency related emergency cease-and-desist order, this time against DavorCoin. In the latest filing, signed late last week, the Texas State Securities Board (TSSB) alleges the company has been issuing unregistered securities with fraudulent and misleading information designed to lure and dupe investors.
What happened? DavorCoin launched a lending program that promised investors a significant return on investment, which falls under the