It accuses the Texas State Securities Board official report that the London-based investment platform is fraudulent and they are selling unlicensed securities. This Texas State Securities Commissioner has given an emergency conflict and disappointment order for the BitConnect on late evening. It’s Includes lending programs and programs in the program, including its return rate. Meanwhile, during the writing of the Texas State, many details have been listed around the BitConnect Investment Model.
Source - https://www.ccn.com/texas-officials-strike-bitconnect-cease-desist-order/