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Bitcoin.com
2026-06-05 02:30:35

Texas Halts Alleged Crypto Pyramid Scheme After ‘Zero-Risk’ Millionaire Promises

Texas Halts Alleged Crypto Pyramid Scheme After ‘Zero-Risk’ Millionaire Promises

Texas regulators targeted an alleged crypto investment and MLM scheme that promised millionaire status, passive income, and high monthly returns through recruitment and trading codes. The order also cites withdrawal fees, investor lockups, and claims of low-risk, AI-assisted trading. Texas Order Flags Crypto Returns, Recruitment, and Investor Lockups The Texas State Securities Board stated on

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