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Crypto firm ordered to cease and desist for misleading investors

Crypto firm ordered to cease and desist for misleading investors – The Block

Missouri-based cryptocurrency firm Mavixbtc has been issued a cease-and-desist order for falsely claiming to be a registered financial advisor. In an announcement dated Dec. 27, Missouri Secretary of State Jay Ashcroft’s Securities Division charged Mavixbtc for fraudulently claiming to have registered with the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.








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