10-04-2018 20:07 via feeds.bizjournals.com

Texas expands investigations into cryptocurrency fraud

As a boom in alternative currencies like Bitcoin have attracted huge investments and lofty speculation, Texas has been one of the more aggressive states cracking down on fraud. Now, it's is expanding its investigations.The Texas State Securities board opened 32 investigations over a 4-week period at the end of last year. And after finding more fraudulent promoters across the Internet – sometimes offering returns as high as 40 percent a month – the agency now has 60 case files open, a
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