The Texas State Securities Board announced on Wednesday that it had completed the second regulatory crackdown on cryptocurrency services. The regulator’s Enforcement Division required two allegedly fake crypto firms to cease their activities. Bogus Crypto Firms Mislead Investors The Austin-based securities board accused PK Crypto Investment and Cyp Miner of presenting false and misleading information to attract investors who are looking for high-risk returns. Specifically, PK Crypto claimed that it was a US-registered asset-management investmentRead MoreThe post Texas State Securities Board Charges Two Suspicious Crypto Firms appeared first on Bitcoinist.com.