Texas Regulators Crack Down on Site Offering Returns Related to Cryptocurrency and Medical Marijuana | NewsBTC

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Korean government holds meeting to regulate cryptocurrency Leader in blockchain news. Litecoin has charted a four-week losing streak for the first time in 12 months and is currently trading around a historically strong support level.

In the order, Texas regulators cite wording from the website that claims its investors are getting an 8% return on their money weekly. The money, says the site, would be used to buy cryptocurrency, which in turn would be loaned to a medical marijuana operation in California. "Never work hard again," the site advertises.

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