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Texas Securities Regulator Accuses South African Trading Pool of Crypto Fraud

Texas' securities watchdog ordered Mirror Trading International to cease operations, alleging the South African bitcoin and forex "investor club" is a multilevel marketing scam.

“These quick-to-profits schemes rely on a little bit of smoke and the shine of mirrors,” said Texas Securities Commissioner Travis J. Iles. (Danny Nelson)
“These quick-to-profits schemes rely on a little bit of smoke and the shine of mirrors,” said Texas Securities Commissioner Travis J. Iles. (Danny Nelson)