Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    MicroStrategy Upsizes IPO to $1B for Bitcoin Purchase

    Trump Media Plans $12 Billion Bitcoin Investment

    Trump Media Raises $12 Billion for Bitcoin Acquisition

    Strategy Increases Stock Offering to Acquire Bitcoin

    Bitcoin Long Positions Liquidation Reaches $262 Million

    Samson Mow Urges Elon Musk to Reconsider Bitcoin Strategy

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Solana Long Squeeze Sparks Potential Rally to $300

    Coinbase to Delist Four Crypto Assets in June

    Elon Musk’s X Partners with Polymarket for Prediction Platform

    Bittensor Achieves Record 118 Active Subnets in Decentralized AI

    Bittensor Reaches 118 Active Subnets Milestone

    Bittensor Sets Record with 118 Active Subnets

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

North Dakota Issued Cease-and-desist Order, Against Three Crypto Scammers

Joshua T. by Joshua T.
October 15, 2018
in Latest News
State's Securities Department

Source: thedickinsonpress.com

Based on recent news, the state of North Dakota is riping great benefits from joining the Operation Cryptosweep. The North Dakota State’s Securities Department has issued a cease-and-desist order, against three Crypto based websites promoting initial Coin Offering (ICO) in the state.

Securities Department Released Their Names

The following companies were issued a cease-and-desist order from the state’s Securities Department:
Advertiza Holdings (Pty) Ltd, and Life Cross Coin aka Lifecrosscoin GmbH and Crystal Token.

The commissioner in charge of the State’s Securities Department, Karen Tyler, decided to issue this order based on the fact that these businesses are acting in fraudulent manners and are also operating without proper licensing.
The services were offering products with unrealistic investment returns. As a result, the commissioner is of the opinion that the companies are set out to harm citizens of the state both psychologically and financially.

To clarify her decision, Karen stated that:

“In formulaic fashion, financial criminals are cashing in on the hype and excitement around blockchain, crypto assets, and ICOs – investors should be exceedingly cautious when considering a related investment,”

Individual Offences

Crystal Token, is found wanting of issuing an ERC20 standard token referred to as CYL. The company promise investor a daily return of investment amounting to 2 percent of their investment.

Life Cross Coin, is operating on a platform well known for various financial crimes such as identity theft, money laundering, hacking, fraud etc. The platform Life Cross Coin company is running also has it own fraudulent token attached to false promises.

The last company Advertiza Holdings, is also accused of issuing tokens without proper licensing. According to the company’s website, the token issued by the company guarantees a profit from the appreciation of the company’s returns.

This is not the first time the North Dakota State’s Securities Department will be issuing such order against fraudulent financial crypto related activities in recent time.

 

Tags: AdvertizaCrystalTokenDakotaICOTokens
Previous Post

Cory Johnson: Ripple Has Been in Regular Discussions with the Trump Administration

Next Post

Litecoin (LTC) Review: Is LTC an Alternative or Complementary to Bitcoin?

Joshua T.

Joshua T.

Related Posts

Gemini Submits S-1 for a Confidential US IPO

by Solomon M.
June 6, 2025

Gemini files confidential S-1 with SEC for an IPO, following Circle's NYSE debut.

Elon Musk’s X Partners with Polymarket on Prediction Platform

by Solomon M.
June 6, 2025

Elon Musk's X collaborates with Polymarket, integrating prediction markets and AI analytics for enhanced insights.

Elon Musk’s X Partners with Polymarket Platform

by Adriana M.
June 6, 2025

Elon Musk's X teams up with prediction platform Polymarket for cutting-edge market insights.

Apple, Google, X, Airbnb Exploring Stablecoin Payments

by Solomon M.
June 6, 2025

Apple, Google, X, and Airbnb consider stablecoin payments integration, driving crypto market interest.

Binance’s Tigran Gambaryan Departs After Detention in Nigeria

by Adriana M.
June 6, 2025

Tigran Gambaryan leaves Binance, impacting financial compliance leadership amid evolving regulatory environment.

ARK Invest Acquires $373M Circle Shares on IPO Debut

by Solomon M.
June 6, 2025

ARK Invest purchases $373 million in Circle shares during its NYSE IPO.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.