Texan authorities issue orders against Delta Crypt, Digitaly Invest, FxSmart-Robots
Texan Securities Commissioner Travis J. Iles has entered a pair of emergency cease and desist orders targeting three unregistered investment platforms – Delta Crypt, Digitaly Invest, and FxSmart-Robots. The actions stop illegal so-called get-rich-quick schemes fraudulently touting the payment of significant returns with little or no risk.
The first order names Delta Crypt Limited, a business registered with Companies House (the United Kingdom’s registrar of companies) that claims to operate from the United Kingdom. Delta Crypt ais also acting under the names Binance Assets, BinanceAssets LTD and Bit Kind LTD. The firm is now advertising cryptocurrency investments in various plans.
The offering is fraudulent and deceptive. The order accuses Delta Crypt of concealing important information about its principals, a warning from the Philippines government, and the risks associated with cryptocurrencies. The order also found Delta Crypt has been illegally soliciting sales agents, promising to pay commissions regardless of registration or licensure.
The second order names Digitaly Invest (sic!) and FxSmart-Robots, which are online platforms promoting various investment plans tied to Forex, spot metals, CFDs, oil and gas products and precious metals. The parties are allegedly concealing important information – including the identity and qualifications of principals, material financial information, and the significant risks associated with the underlying products.
According to the order, Digitaly Invest has also been misrepresenting the location of its offices and illegally soliciting sales agents to promote its securities.
Delta Crypt, Digitaly Invest and FxSmart-Robots are not registered to sell securities in Texas. Their investment plans – including investments in the Gold Plans and the Diamond Plans – are not registered or permitted for sale in Texas.