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Alabama Securities Commission

Report: State Securities Regulators Probe Crypto Lender Genesis

Report: State Securities Regulators Probe Crypto Lender GenesisState securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have violated securities laws without filing the proper registrations. Report Says Financial Regulators Are Investigating […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Alabama Securities Regulator Shuts Down 97 Fraudulent Cryptocurrency Trading Websites

Alabama Securities Regulator Shuts Down 97 Fraudulent Cryptocurrency Trading WebsitesThe securities regulator of the U.S. state of Alabama has issued a cease and desist order against Acoin Trading and 96 other cryptocurrency websites. The crypto investment schemes promise “excessive returns,” report “fictitious account values,” and impose “undisclosed fees.” US State Regulator Orders 97 Crypto Trading Websites to Shut Down Alabama Securities Commission announced Thursday […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces