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The Texas Regulator issued an order to terminate the activity of the crypto-investment company FxBitGlobe

An official notice of April 9 from the State Board of Securities of Texas shows that the regulator issued an emergency action order against the FxBitGlobe trading platform

According to the order, the firm, which positions itself as an investment company, reportedly published fake government documents, used a fake address and falsely claimed that it was a registered broker-dealer.

The document states that the service offers several levels of investment plan – with the highest level taking $ 50,000 or more – payable in the form of paper money and cryptocurrency.

Investment levels supposedly provide investors with access to various “service plans”, each of which promises them a correspondingly large daily profit and weekly payouts. As noted in the document, the largest level that promises the highest profitability guarantees investors a monthly yield of 70% along with capital insurance from 40% to 45%.

Most recently, in February, the Texas Securities Regulator announced that it had reached an agreement with four cryptocurrency companies, which he accused of selling unregistered securities.

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