😡 North Dakota securities regulator issues cease and desists against 3 ICOs

The North Dakota Securities Department issued cease and desist orders against three companies — Crystal Token, Life Cross Coin, and Advertiza Holdings—for offering "unregistered and potentially fraudulent securities in the form of ICOs." The agency claimed that the three companies placed fraudulent statements on their websites with claims of excessively high returns, insufficient disclosures, and misrepresentation of facts.

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