Touted as a multi-level marketing (MLM) company, Nui Social has felt the full force of the law as the Texas security board has fined them $25,000 for illegally and fraudulently offering investments to the state residents.
The construction and set-up of this new facility are underway, and Bitmain estimates this phase will finish early in the fourth quarter of 2018, with the data center initiation in early 2019.
Followed by BitConnect and Davorcoin, Texas sends out a cease and desist notice to another fraudulent cryptocurrency investment platform, LeadInvest.
A Cease and Desist Notice has now been served to DavorCoin by the state of Texas. The ponzi platform offered users interest in exchange of cryptocurrency investments.
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