The Colorado Division of Regulatory Companies is investigating three cryptocurrency companies for selling unregistered preliminary coin choices within the state. The investigations are a part of a rising pattern of fraudulent corporations seeking to make fast cash. All three companies failed to point out up at a listening to to current proof as ordered by the Commissioner.
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Three Crypto Firms Being Investigated
Members of the Division of Securities of the Colorado Division of Regulatory Companies (DORA), and of the state’s preliminary coin providing (ICO) activity power, have been investigating cryptocurrency companies for selling unregistered ICOs within the state. The duty power was arrange in Could to establish corporations or people which may pose a threat to Colorado traders.
“As a part of an investigation into what has change into a pattern of allegedly…